Ariba ariba .. Mexican ‘world’s richest person’
The world richest person is now a Mexican, and no, he is not rich selling beans and chilies or burritos, he is a Mexico’s telecoms tycoon, Carlos Slim.
He has overtaken Bill Gates to become the world’s richest person. He’s worth $67.8bn above Bill Gates’ $59.2bn.
Carlos Slim is the 67-year-old son of Lebanese immigrants. He started his business life in property before moving on to invest in a stock brokerage, a bottling company, and, more recently, the telephone sector.
During the Latin American economic crisis of the early 1980s, Mr Slim made a name for himself – and substantial profits – by buying a number of struggling companies at very low prices before transforming 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 Warren Buffett. Like Mr Gates, Mr Slim is well-known for his generous charity donations.