Riches told

Monday 04 July 1994 23:02 BST

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New York - Americans again dominate Forbes Magazine's latest tally of the world's billionaires, but Latin America is producing tycoons at a faster rate than anywhere else in the world. The world's biggest billionaire fortune is controlled by the family of the late Sam Walton, founder of Wal-Mart Stores, who have a combined net worth of dollars 23.6bn ( pounds 15.7bn). Latin America has 42 billionaires, 24 in Mexico. Reuter

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