Carlos Slim | featured news

Mexico's Carlos Slim remains the world's richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top three for the first time since 2000. And Facebook's Mark Zuckerberg saw his ranking drop 31 spots as his net worth declined by $4.2 billion.

Larry King is returning as a talk show host this week, with his new home the Internet. "Larry King Now" is produced by Ora TV, a new digital venture backed by Mexican billionaire Carlos Slim. Ora TV is announcing a deal to also make "Now" available through the online service Hulu and Hulu Plus.

Jeff Bezos’ net worth jumped $2.7 billion to $21.5 billion on Friday, the first trading day after Amazon surprised investors with stronger than expected earnings on Thursday after the market closed. Net income for the quarter was 28 cents a share, quadruple the Street consensus at 7 cents, as reported by my colleague Eric Savitz. Net sales increased 34% to $13.18 billion in the first quarter. The stock jumped $30.9, or 15.8%, in one day.

Mexican tycoon Carlos Slim retained his position atop Forbes magazine's annual list of the world's billionaires on Wednesday with an estimated worth of $69 billion, placing him ahead of Bill Gates at $61 billion and Warren Buffett at $44 billion.

Mexican telecom tycoon Carlos Slim kept his title as the world’s richest person for the second year in a row in 2011 as the number of billionaires from emerging-market countries continues to soar.