Wednesday, February 1, 2012

No.1 Carlos Slim Helu

Carlos Slim Helu
World Top Richest People
                          Net Worth: $74 billion (up from $53.5 billion in 2010)
                          Fortune: Self made
                          Age: 71
                          Residence: Mexico City, Mexico
                          Country of Citizenship: Mexico
                          Source: Telecom
                          Industry: Communications
                          Education: BA/BS, Universidad Nacional Autonoma de Mexico
                          Marital Status: widowed
                          Children: 6

     Mexican telecoms tycoon Carlos Slim Helu is still the world’s richest man, for the second year in a row adding $20.5 billion to his net worth last year, thanks to a stronger Mexican peso, rising stock market, and profitable investments by Helu’s conglomerate firm.


     The world’s richest person for a second year in a row, the Mexican telecom mogul is also the year’s biggest gainer, having added $20.5 billion to his fortune and widened the gap between him and no. 2, Microsoft co-founder Bill Gates, to $18 billion. A 19% rise in the Mexican stock market, a stronger peso, and successful mining and real estate spinoffs from conglomerate Grupo Carso all contributed to the astonishing increase. He also merged his fixed-line telecom company into America Movil, Latin America’s largest wireless carrier; the Slim family stake in that holding accounts for 62% of his net worth. He has other holdings in retailer Saks and the New York Times.

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