World's second richest man wins name back

Not registering your own name domain could prove costly
Not registering your own name domain could prove costly

While Carlos Slim Helú may not be a household name here in the UK, the tycoon was placed second in Forbes 2008 rich-list and owns a major chunk of the Mexican telecommunications industry.

Recently his name fell prey to an Indonesian cyber-squatter who demanded $55 million (c£37.6m) from Helú to buy the name back.

Marc Chacksfield

Marc Chacksfield is the Editor In Chief, Shortlist.com at DC Thomson. He started out life as a movie writer for numerous (now defunct) magazines and soon found himself online - editing a gaggle of gadget sites, including TechRadar, Digital Camera World and Tom's Guide UK. At Shortlist you'll find him mostly writing about movies and tech, so no change there then.