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World’s Richest Gain $21.4 Billion as Batista Falters

The world’s richest people added a combined $21.4 billion to their collective net worth this week as the wealth gap between billionaire Carlos Slim and Eike Batista widened to more than $50 billion.

Batista’s net worth fell $4 billion. Shares of the tycoon’s commodities empire plunged after his oil company, OGX Petroleo & Gas Participacoes SA, cut its production targets by as much as 75 percent on June 27. Batista, 55, is now worth $20.5 billion and ranks 23rd on the Bloomberg Billionaires Index, a daily measure of the wealthiest people on Earth.