The World's Billionaires behind China, Germany and India by the number of billionaires. Self-made billionaires made up the largest number of people on the list with 1,191 positions (over 65 percent) while just 230 (under 13 percent) have wealth through inheritance. The number of billionaires who inherited a portion but are still working to increase their fortunes is 405. Bill Gates was named the richest man in the world by "Forbes"<nowiki>'</nowiki>s annual list of the world's billionaires. This was the 16th time that the founder of Microsoft claimed the top spot. Carlos Slim came in second for the second consecutive time. Warren Buffett
Grupo Cisneros of his sons. In February 1970, Ricardo José Cisneros became Chief Operating Officer of Cisneros, and in March 1970, Gustavo Cisneros, only recently graduating from college, assumed the position of Chairman and Chief Executive Officer of Grupo Cisneros. In 1992, as part of a consortium of American businessman Jerry Perenchio, Mexican entrepreneur Emilio Azcárraga Milmo, and Grupo Cisneros bought Univision for $500 million. Grupo Cisneros held a 25% stake in Univision and 12.5% stake in the Univision station group. The consortium ended up selling Univision for $13.7 billion in 2007. In 1995, Grupo Cisneros partnered with Hughes Electronics Corporation to