Billionaire boom as the richest get richer

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Billionaire boom as the richest get richer

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At the start of the year it is time to take stock of who has got the most money – and it seems the trend continues of the world’s richest people getting richer.

The top 300 wealthiest increased their net worth by close to 400 billion euros in 2013, according to the Bloomberg Billionaires Index.

Bill Gates retook the number one spot with a fortune the equivalent of 57 billion euros.

Shares of Microsoft, the software company he founded, rose 40 percent during the year, though they account for only about a quarter of his total investments.

Mexico’s Carlos Slim slipped back to the number two spot in the super-rich rankings.

The owner of the largest mobile-phone operator in the Americas, America Movil, saw his net worth decline by about one billion euros.

Clothes maketh the man’s fortune, certainly when it comes to Spain’s Amancio Ortega, along with extensive property holdings.

The founder of the world’s largest clothing retailer – Inditex – remains Europe’s wealthiest person with 47 billion euros.

Those who made their money in the technology sector were the top gainers of 2013.

The biggest loser was Brazilian energy tycoon Eike Batista. He started the year worth nearly nine billion euros and ended it bankrupt with a negative net worth.