Hosni Mubarak’s estimated $70 billion fortune makes him richer than Carlos Slim and Bill Gates

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Bill Gates … the Microsoft founder could well have $17 billion less than Hosni Mubarak.

Former Egyptian President Hosni Mubarak is likely the world’s richest man, with an estimated fortune of $US70 billion ($70.07 billion).

Mubarak’s family fortune could be as high as $US70 billion, much of it in Swiss banks or tied up in real estate in New York, Los Angeles and London, media reported.

The $US70 billion would put the 82-year-old comfortably ahead of Mexican business magnate Carlos Slim Helu, worth about $US53.5 billion, and Microsoft founder Bill Gates, the richest American with $US53 billion.

Read Full Article:  http://www.smh.com.au/executive-style/luxury/hosni-mubaraks-estimated-70-billion-fortune-makes-him-richer-than-carlos-slim-and-bill-gates-20110215-1atxm.html

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