Billionaire Loser of the Week: Carlos Slim

Photographer: Susana Gonzalez/Bloomberg

Billionaires Bill Gates, left, and Carlos Slim, hold a news conference to announce donations to Mexico's International Maize and Wheat Improvement Center in Texcoco, Mexico, on Feb. 13, 2013. Close

Billionaires Bill Gates, left, and Carlos Slim, hold a news conference to announce... Read More

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Photographer: Susana Gonzalez/Bloomberg

Billionaires Bill Gates, left, and Carlos Slim, hold a news conference to announce donations to Mexico's International Maize and Wheat Improvement Center in Texcoco, Mexico, on Feb. 13, 2013.

The richest man in Mexico is no longer the richest man in the world. Carlos Slim lost $2.3 billion, or 3.1 percent of his net worth, in the past week. That leaves Slim with an estimated net worth of $72.1 billion, putting him second on the Bloomberg Billionaires Index to Microsoft founder Bill Gates, whose fortune is estimated at $72.7 billion.

As Bloomberg's Peter Newcomb and Crayton Harrison explained on Bloomberg TV, one reason for Slim's falling rank is political pressure on him in Mexico. Then there's also Bill Gates' rise, fueled by a 29 percent surge in Microsoft shares so far this year.

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