Mexico’s Slim, Gates, Zara chief Ortega world’s richest

Mexican tycoon Carlos Slim, Microsoft’s Bill Gates and Zara fashion house boss Amancio Ortega of Spain topped the Forbes list of the world’s wealthiest billionaires Monday.

Mexican tycoon Carlos Slim, Microsoft’s Bill Gates and Zara fashion house boss Amancio Ortega of Spain topped the Forbes list of the world’s wealthiest billionaires Monday.

Amid the annual who’s-in-who’s-out hubbub created by the release of the Forbes list, two very prominent names in the local and regional business scenes were—to many observers—incredibly absent from the Philippine billionaires’ roster.

The Philippines’ richest man is still Henry Sy, who controls the country’s largest retail group, which includes SM Prime, according to the Forbes Asia magazine.