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Mexican Telecom Mogul, Carlos Slim, Becomes World’s Richest Man


04/07/2007

Carlos Slim, the founder and CEO of Latin America’s largest wireless carrier, America Movil, is now the world’s richest man, according to a Mexican financial journal quoted by Reuters.

Slim’s wealth recently exceeded that of Microsoft co-founder, Bill Gates, due to a climb in America Movil’s share price, and now stands at US$67.8 billion.

In addition to his majority stake in America Movil, the 67-year-old Slim also holds a controlling interest in Mexico’s leading landline provider, Telmex, American consumer electronics chain, CompUSA, and over 200 other companies.



 

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