MONEY MASTER

NEW YORK (Reuters) - Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 percent over the last year, Forbes magazine said on Wednesday. Mexican tycoon Carlos Slim speaks during the Reuters Latin America Summit in Mexico City in this March 22, 2007 file photo. (REUTERS/Andrew Winning/Files) It is only the second time since 1995 that Gates has lost the crown, the magazine said, estimating Slim's net worth at $53.5 billion, compared to Gates's $53 billion fortune, while investor Warren Buffett came in at No. 3 with $47 billion. The trio regained $41.5 billion of the $68 billion they had lost the previous year, Forbes said. The number of billionaires around the world has nearly recovered in 2010 after dropping by a third last year during the global financial crisis. There are now 1,011 billionaires, compared with 793 last year and 1,125 in 2008. The net wealth ...

What is Swift code? Swift code is known as ISO 9362 and is a standard format of Bank Identifier Codes approved by the International Organization for Standardization (ISO). It is the unique identification code of a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. The Swift code needs to be filled in a form whenever a person want to do International transfer, like wiring money from the United States to Malaysia. Other activities that requires the Swift code is withdrawing money from Paypal to Malaysia in local currency. Below are the Swift code for most banks in Malaysia. Malaysian Bank Swift Code Affin Bank Berhad = PHBMMYKL Alliance Bank Malaysia Berhad = MFBBMYKL Ambank Berhad = ARBKMYKL Bank Islam Malaysia Berhad = BIMBMYKL Bank Kerjasama Rakyat Berhad = BKRMMYK1 Bank Muamalat Berhad = BMMBMYKL Ba...