Warren Buffett bumped from Forbes Top 3 richest people

March 4, 2013 1:14:09 PM PST
Forbes Magazine says Mexico's Carlos Slim remains the world's richest man, but there's a big change in some of the other top spots.

Slim, a telecommunication magnate tops the list for the fourth year in a row with a net worth of $73 billion.

Bill Gates held on to second place at $67 billion.

Spanish clothier Amancio Ortega moved into the top three with a net worth of $57 billion, pushing Warren Buffett to No. 4. It's the first time Buffett has been out of the top three since 2000.

A record 1,426 people made Forbes' latest annual tally of billionaires, up 16 percent from last year.