Carlos Slim Helú: A latino, wealthier than Bill Gates! ~ Learn Spanish language fast | free memory tricks | Spanish vocabulary lessons.
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Tuesday, August 28, 2007

Carlos Slim Helú: A latino, wealthier than Bill Gates!


So the picture has finally changed! Mexico's telecom tycoon, cigar-chomping Carlos Slim Helú
of the America Movil group, has overtaken Bill Gates to become the world's richest person, according to the Mexican online financial publication, Sentido Común.

Mr. Slim had rocketed through the global wealth-creators’ league quietly edging past the legendary investor, Warren Buffet behind for the second position, four months ago. Mr. Slim’s worth now stands at $67.8bn, well above Microsoft founder, Mr. Gates' $59.2bn, the website says. Thanks to the recent 27% surge in America Movil’s shares over the second quarter.

So, with a 33% stake in the largest mobile network in Latin-America, Mr. Slim has become the first tycoon to have beaten Mr. Gates as the world’s richest person in over a decade. Born to Lebanese immigrants, the 67-year-old, Mr. Slim has based his empire in Mexico City.

He started with property, moving on to stock-investment, starting a bottling company, and, more recently, the telecom sector. Mr. Slim also owns the Inbursa financial group and the Grupo Carso industrial conglomerate, whose interests range from retail stores to restaurants. Inbursa did well too, with a stock jump of 20% against Microsoft’s 5.7%.

During the Latin American economic crisis of the early 1980s, Mr. Slim made a name, and substantial profits, for himself by buying out many struggling companies at rock-bottom deals before turning around their fortunes.

In April, Forbes magazine estimated that Mr. Slim was the world's second-richest person behind Mr. Gates and ahead of US billionaire investor and the Sage of Omaha, Warren Buffett.

Like Mr. Gates, Mr. Slim is well-known for his generous philanthropy. Though his wealth is in stark contrast to the 53% of Mexico's population that are living in poverty, according to the World Bank.

Cited from BBC News.

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I always thought Mexicans worked harder than other people out there. But I can only imagine that Carlos built his fortune off the sweat and backs of his own people.

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Usually the richest man in the world become the topic of the town and the most interesting news.There is more wealth in Mexico than in any other Latin country except for Brazil with all it's raw material wealth.

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Carlos Slim Helu has overtaken Microsoft founder Bill Gates as the world's richest man till date. He has broken the records in terms of richness. All he does is just invest in solar panels in the vast Mexican dessert and he will create jobs and infrastructure.

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It would then be considered as racist if i would compare them.Even there would be number of people offending me. For Bill gates i can say is if at he decides to be President more than he needed to be mega-wealthy who could really challenge him at the ballot box either, only difference is that Bill Gates might be a good guy.

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Mr. Gates, Mr. Slim is well-known for his generous philanthropy. Though his wealth is in stark contrast to the 53% of Mexico's population that are living in poverty, according to the World Bank.

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Carlos Slim Helú transferred U.S. investor Warren Buffett be the second largest in the worlds richest man with a fortune estimated at just over EUR 53 billion.

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He started with property, moving on to stock-investment, starting a bottling company, and, more recently, the telecom sector.

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Mr. Slim’s worth now stands at $67.8bn, well above Microsoft founder, Mr. Gates' $59.2bn, the website says. Thanks to the recent 27% surge in America Movil’s shares over the second quarter.

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During the Latin American economic crisis of the early 1980s, Mr. Slim made a name, and substantial profits, for himself by buying out many struggling companies at rock-bottom deals before turning around their fortunes.

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In April, Forbes magazine estimated that Mr. Slim was the world's second-richest person behind Mr. Gates and ahead of US billionaire investor and the Sage of Omaha, Warren Buffett.

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I can only imagine that Carlos built his fortune off the sweat and backs of his own people.

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According to the magazine, Helu, who made his fortune in telecommunications, is worth an estimated $53.5 billion. His fortune has ballooned almost 20 billion dollars over the last year, due in large part to the soaring prices on the stocks for his various telecom holdings, specifically America Movil. Helu reportedly makes about $30 million a month and is the first Latino ever to top Forbe's richest people list.

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Property began to move to the equity investment, from a bottling plant and, more recently, the telecommunications sector.

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So, with a 33% stake in the largest mobile network in Latin-America, Mr. Slim has become the first tycoon to have beaten Mr. Gates as the world’s richest person in over a decade. Born to Lebanese immigran

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His fortune has ballooned almost 20 billion dollars over the last year, due in large part to the soaring prices on the stocks for his various telecom holdings, specifically America Movil. Helu reportedly makes about $30 million a month and is the first Latino ever to top Forbe's richest people list.

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In addition, Slim has recently been reported in the Mexican press that he would soon notify its intention to buy a franchise of Major League Soccer will be located in Queens, New York, who initially created the U.S. Soccer Leagues page.

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He began to own property, go to equity investments, starting a bottling company and, more recently, the telecommunications sector. Mr Slim also owns the financial group and Grupo Carso Inbursa industrial conglomerate, whose interests range from boutiques to restaurants

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Slim has been vice-president, of the Mexican Stock Exchange and the President of the Mexican Association of Brokerage firms. It was the first president of the Latin American Commission of New York Stock Exchange board of directors of the criticism, he was in office from 1996 until 1998.

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Carlos Slim Helu have overtaken Microsoft founder Bill Gates as the world's richest man till date. He has broken records in terms of richness.This are so surprising that Mr.Slim has become the first tycoon to have beaten Mr.Gates. Thanks for the sharing informative stuff.

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The News say that's the Microsoft has been second to the race with the Carlos Slim Helu.The carlos has reached the top spot in the race.

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Its all the competition between both of them for the years for the money.But this time the race was won the Carlos.The Microsoft has lose the side.It's all the best to know for the people.

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Carlos Slim Helu did so many things for Mexico. He didn't forget where he came from.

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Carlos Slim Helu is such an inspiring person.

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The Forbes family is nothing more than a group of related Tin buckets billionaire wannabes gold coated jammed in their privileged boots. The only thing that the Forbes have become evident - have lot of money can not buy a shred of integrity or class.

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We know that Carlos Slim Helu has overtaken Microsoft founder of Bill Gates as the richest man in the world to this day. They has broken the records of wealth.He is a great man.

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Quite an impressive regarding the Carlos Slim Helu.I am really impressed out with his personality and status he obtain out in the market..

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Reports said he Microsoft is now the second in the list for the Money maker and Carlos is the First person.

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It is really change a picture. I also read the report that Mexico's telecom tycoon, cigar-chomping Carlos Slim Helú of has overtaken Bill Gates to become the world's richest person. Now Microsoft is in the second position.

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I also heard news the Carlos Slim Helú of the America Movie group wealthier than Bill Gates. It is a good achievement by Carlos Slim Helú. He is a good Mexico telecommute tycoon.

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Carlos Slim Helu has accurate to be added Wealthier as per the address than the Bill gates.The address said he had fabricated him exhausted for the Rich man Race.But I can alone brainstorm that Carlos congenital his affluence off the diaphoresis and backs of his own people.

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Carlos said the owner of the mark for those that exceed the money according to the report, Microsoft Bill Gates is really a great in the worlds most rich and having money. Bill gates have been leading man, and so on.

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There is more wealth in Mexico than in any other Latin country except for Brazil with all it's raw material wealth. Very great

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It is a amazing news that Carlos Slim Helú of the America Movil group has overtaken Bill Gates to become the world's richest person. It was a good survey by the Mexican online financial publication.

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Bill Gates is the richest man in the world till date. Broke all records in terms of wealth. Everything has just invest in solar panels, a huge Mexican sweet, and he creates jobs and infrastructure.

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I think Bill Gates is the richest person. It is a new news that Mexico's telecom tycoon Carlos Slim Helú of the America Movil group, has overtaken Bill Gates.

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Carlos Slim America Movil group, Bill Gates to become the world's richest people overtaken by an incredible news like that. A survey was made by the Mexican broadcast online financial good.

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It is such a great news that Mexico's telecoms tycoon Carlos Slim Helú of the America Movil group, has overtaken Bill Gates to become the world's richest person. I am really impressed by Carlos.

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There are more wealth than any other Latin American countries in Mexico, in addition to Brazil and all of its raw materials wealth.These is good information, you can share with us one.

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It is a good achievement of Mexico's telecom tycoon. I am really impressed by his achievement. Bill Gates is so genius person. Bill Gates is my idol person also.

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