The richest man youve never heard of - (yep it is Carlos Slim)

Posted on: May 30th, 2007
Filed Under: [ Business ] [ Hispanic News ]
Tags: , , , ,
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“Carlos Slim HelÚs business career began on the playground, trading baseball cards.

He would buy the adhesive-backed cards at a candy stand in downtown Mexico City, then make a meticulous record of each trade in a notebook, carefully evaluating whether he had come out on top.

By age 12, he had moved on to trading stocks and bonds. Before turning 30, he owned a soft drink company and a stock brokerage. Now, at 67, Slim is the worlds second-richest man and is closing quickly on Bill Gates, according to Forbes magazines most recent rankings. Slims business empire stretches from Mexico to the USA ”” including major stakes in companies such as CompUSA and Saks Fifth Avenue ”” yet most Americans have never heard of him.”

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In a recent interview at Bloomberg Television's(R) studio in New York, Carlos Slim, the world's fourth-richest man, said that the Mexican peso is strong this year and is hurting the nation's ability to be competitive.





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