Carlos Slim Helu - Richest Man |
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Carlos Slim Helu Biography (Carlos Slim Helú):
Communications businesses and Investments
Famous
for : Being the
richest man in Mexico and one of the richest men in the world according to the
Forbes business magazine.
Slim Helu details :
Born - January 28, 1940 Mexico City / Lives - Mexico
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Carlos
Slim Helu has steadily been creeping up the ranks of the richest
people in the world over the past few years. When the Forbes magazine put out
their annual rich
list in 2007, they had Carlos Slim ranked as the third richest man
in the world, with Warren Buffett second and Bill Gates first.
The Mexican
billionaire had an estimated $49 billion, while the Oracle of Omaha Warren Buffett
had an estimated $52 billion, and Bill
Gates of Microsoft had $56 billion.
In April of 2007 it was reported
that Carlos Slim Helú had taken the number 2 position on the global rich
list, pushing Buffett down to third place. A rise in the share price of Carlos
Slim owned companies pushed his assets to be worth $53.1 billion, while a small
decrease in the value of Buffett's Berkshire Hathaway put the value of the Warren
Buffett fortune at $52.4 billion.
Warren Buffett had held the number two
position on the Forbes rich list for seven years. The American value investor
has been focusing more on giving away his billions in recent years. He has planned
to give
away a large portion of his massive wealth to the foundation of his
bridge partner, Bill Gates.
In June of 2007 a publication in Mexico has
pushed the telecom billionaire to the top of the rich list. Continued increases
in the value of companies owned by Carlos Slim has increased his wealth to an
estimated $67.8 billion. "Carso Global Telecom" and "America Movil"
(two of the largest holdings of Slim) have both risen in value this year. The
wireless operator America Movil has rose by 26.5 percent over one quarter.
Carlos
Slim Helu has been referred to as the "Warren
Buffett of Latin America", but he thinks of himself as an operator of
companies, rather than just an investor (like Buffett).
"When
you live for others' opinions, you are dead. I don't want to live thinking about
how I'll be remembered." Carlos Slim Helu Quote
Forbes has not
confirmed the calculations of the Mexican reporter (Eduardo Garcia), but they
did confirm the calculations of Garcia in April when Carlos Slim took the number
two position from Buffett. Forbes will release their estimate of the Bill Gates
fortune in September 2007 when they put out their list of the richest Americans,
but their world rich list won't be out until March in 2008.
Bill Gates
has been ranked as the richest
man in the world for thirteen years.
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Slim Helu news may not be reproduced online.
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