Topic # 9

The new Forbes billionare list has a new guy at the top. Carlos Slim Hulu is now at the top of the list. He is figured to be worth about $53.5 billion dollars. He has the biggest income with the company called Telecom. He moved from number three last year to number one this year.
The world has been in a economy defecit for the last year or two, the new list shows that the economy is back on the rise. Asia now has the most billionares which shows that they have recovered their economy the fastest. Slim has his hand in over 200 companies. Slim claims that has lots of money invested in the Latin American economy. He said, "In my opinion, Latin America is close to breaking the underdevelopment barrier with $12,000 dollars per capita. This is going to happen in the next ten years." Strong words coming from this powerful man. Putting more money in Latin America's economy will greatly help out the country. It will create more jobs and offer a broad ange of care to citizens.
There are 1,111 names on the list this year. This is more than last year, and the rise is due to the recovery of the global economy. The predictions is that there will be more billionares next year which means a better economy and more jobs for all people.