Carlos Slim tops Forbes rich list (again): Top five emerging market billionaires

Carlos Slim retained the top spot on the Forbes rich list for the second year in a row. Of the 11 richest men in the world, here are the top five who come from emerging economies in Latin America and Asia.

5. Li Ka-shing, $26 billion

Tyrone Siu/Reuters
Li Ka-shing.

China's richest person is a high school drop-out (one-upping the world's No. 2 and No. 52 rich-men Bill Gates and Mark Zuckerberg, both Harvard drop-outs). Li Ka-shing saw his net worth rise $5 billion over the year, to $26 billion today, and at the same time rose three spots on the Forbes rich list to 11th place. He is the chairman of both Hutchison Whampoa (port and telecommunication operations) and Cheung Kong Holdings (property development), both based in Hong Kong.

Coincidentally, Mr. Li has also invested more than $120 million in Mr. Zuckerberg's social networking site Facebook. He is the only Chinese man in the top 20.

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