Forbes reveals the list of world's richest people for the year 2010.
It's surprising that Bill Gates hasn't topped the list.
Carlos Slim Helu, a Telecom tycoon from Mexico who came third last year is the World's Richest Man now.
Bill Gates is in Second position followed by Warren Buffet.
India's Mukesh Ambani - Chairman of Reliance Industries and Lakshmi Mittal - World's largest steel maker are in 4th and 5th position respectively.
List of Top 10 Billionaires:
1. Carlos Slim Helu (Mexico) - $53.5 billion
2. William Gates III (USA) - $53 billion
3.Warren Buffett (USA) - $47 billion
4. Mukesh Ambani (India) - $29 billion
5. Lakshmi Mittal (India) - $28.7 billion
6. Lawrence Ellison (USA) - $28 billion
7. Bernard Arnault (France) - $27.5 billion
8. Eike Batista (Brazil) - $27 billion
9. Amancio Ortega (Spain) - $25 billion
10. Karl Albrecht (Germany) - $23.5 billion
Forbes also declared that Asia is leading the world's financial recovery and said the number of its billionaires, 234, reflects the "remarkable changes taking place in the global economy".