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In reply to the discussion: Why I don't like the term "white privilege" [View all]Tuesday Afternoon
(56,912 posts)Going off on a tangent here ...
Bill Gates takes back Worlds Richest Man title from Mexican billionaire Carlos Slim
by Adrian Carrasquillo, @RealAdrianC
Move over Carlos Slim, Bill Gates has taken back the title of Richest Man in the World.
Gates fortune stands at a staggering $72.7 billion, according to the updated Bloomberg Billionaires Index.
Slim, 73, now worth $72.1 billion, saw his wealth drop after Mexicos Congress passed a bill that hit his company, America Movil, the largest mobile-phone operator in the Americas. The company has dropped 14 percent this year, helping erase more than $3 billion from the tycoons net worth, according to Bloomberg.
When theyre talking about reform in a country thats generally poor, and the guy shows up No. 1 on the list not a good thing, Greg Lesko, managing director at New-York-based Deltec Asset Management LLC, told Bloomberg. Hes had a pretty good monopoly situation in Mexico, and the Mexican cellphone user has been paying more than he should. We applaud it for the country.
Slim also maintains holdings in banking (Inbursa) and mining (Minera Frisco), as well as Philip Morris, New York Times, Saks, Caixabank and Grupo Carso of the Mexican construction industry. He was the Worlds Richest Man for the last four years, according to Forbes billionaires list.
more at link:
http://nbclatino.com/2013/05/17/bill-gates-takes-back-worlds-richest-man-title-from-mexican-billionaire-carlos-slim/
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Bill Gates has surpassed Carlos Slim as the richest man in the world due to the strength of Microsoft shares in 2013. (Getty Images)