Carlos Slim is about to usurp Bill Gates
Carlos Slim, a Mexican telecommunications giant, quietly took second place in the list of the world's richest people from Warren Buffett, Bill Gates' close partner.
According to Forbes magazine on April 11, Carlos is approaching the usurpation of American billionaire Bill Gates. Within two months since Forbes released its ranking in 2007, the 67-year-old Mexican billionaire's assets increased by $ 4 billion to $ 53.1 billion, while Buffett's assets dropped to 52, USD 4 billion as of March 29.
Forrbes published an article on his website under Slim's "Spectacular Race". Carso Global Telecom's share price has increased by 15% since he was ranked third by Forbes. Slim's America Movil also increased in price after news that the company might annex Telecom Italia.
Mexican billionaire Carlos Slim
In the ranking of the world's richest people published on March 8 (but prepared nearly a month ago) Forbes ranked Slim in third place. Bill Gates was in first place with $ 56 billion worth of assets.
Soon Slim announced that he was not interested in ranking nor did he intend to rise to the top. However, he also expressed differences in views with the Gates and the Buffet. He often wears simple clothes and the most luxurious thing he allows himself is expensive cigars. " I don't have a home overseas, " Slim said.
Holding Mexico's most dominant phone company and shares of many businesses across Latin America, Slim has a view on the role of entrepreneurs around the world other than Buffett - who each year donate 1.5 billion. USD for Bill & Melinda Gates Foundation for charity.
" Our view is more about completing and resolving than delivering like Santa. It is impossible to finish poverty completely if only money is donated, " said Carlos Slim.
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