China ranks No 2 on Forbes billionaires list

A total of 64 people from the Chinese mainland made the Forbes magazine list of the world's richest billionaires, moving up to take second place for the first time.

Here is Forbes ranking of the 20 richest people in the world:
* Carlos Slim (Mexico) - $53.5 billion, telecommunications
* Bill Gates (USA) - $53 billion, Microsoft
* Warren Buffett (USA) - $47 billion, Berkshire Hathaway
* Mukesh Ambani (India) - $29 billion, petrochemicals, oil and gas
* Lakshmi Mittal (India) - $28.7 billion, steel
* Larry Ellison (USA) - $28 billion, Oracle
* Bernard Arnault (France) - $27.5 billion, LVMH
* Eike Batista (Brazil) - $27 billion, mining, oil
* Amancio Ortega (Spain) - $25 billion, retail
* Karl Albrecht (Germany) - $23.5 billion, supermarkets
* Ingvar Kamprad & family (Sweden) - $23 billion, Ikea
* Christy Walton & family (USA) - $22.5 billion, Walmart
* Stefan Persson (Sweden) - $22.4 billion, Hennes & Mauritz
* Li Ka-shing (Hong Kong) - $21 billion, diversified
* Jim Walton (USA) - $20.7 billion, Walmart
* Alice Walton (USA) - $20.6 billion, Walmart
* Liliane Bettencourt (France) - $20 billion, L'Oreal
* S. Robson Walton (USA) - $19.8 billion, Walmart
* Prince Alwaleed Bin Talal Alsaud (Saudi Arabia) - $19.4 billion, investments
* David Thomson & family (Canada) - $19 billion, news and information
The full Forbes ranking of the world's billionaires can be seen at www.forbes.com/billionaires.