Bill Gates Regains The Title Of The World's Richest Man

Co-founder of Redmond, Washington-based Microsoft Corp(MSFT),Bill Gates retake world richest title from Mexican investor Carlos Slim yesterday.According to Bloomberg Billionaires Index, American software maker Bill Gates retain his world richest title back from Mexican investor Carlos Slim as his software business hit a five-year high.It is the first time Gates has held the mantle since 2007.

Slim’s America Movil (AMXL) SAB, the largest mobile-phone operator in the Americas, has dropped 14 percent this year after Mexico’s Congress passed a bill that could quash the billionaire’s market dominance. That’s helped erase more than $3 billion from the 73-year-old tycoon’s net worth.