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10 March 2011 - 12:04 AMT

Forbes lists Kirk Kerkorian as richest Armenian in the world

Forbes magazine has revealed the wealthiest people in the world, with 93-year-old billionaire Kirk Kerkorian as the richest Armenian.

Kerkorian’s fortune is estimated at $3,5 billion. 4 more Armenians, representing Russia, were included in Forbes Rich List: brothers Sergey and Nikolay Sarkisov, co-owners of RESO-Garantiya insurance company; Danil Khachaturov, Russian insurance giant Rosgosstrakh CEO; Samvel Karapetian, Tashir group founder.

Mexico's Carlos Slim, the telecoms magnate, tops the list for the second consecutive year. His fortune grew by more than a third to $20.5bn to $74bn, beating Microsoft founder Bill Gates ($56bn) and investment guru Warren Buffett ($50bn) who are second and third respectively.