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Carlos Slim, the richest man in the world according to Forbes magazine, is setting up an art museum in Mexico City that will exhibit around 66,000 works, including a few by noted artists Picasso, Rodin and Dali.
In March of 2010 he was named the world's richest man by Forbes Magazine with an estimated wealth of $53.5 billion. On August 4, 2007, The Wall Street Journal ran a cover story profiling Slim. The article said, "While the market value of his stake in publicly traded companies could decline at any time, at the moment he is probably wealthier than Bill Gates". On March 29, 2007, Slim surpassed Warren Buffett as the world's second richest person with an estimated net worth of $53.1 billion compared to Buffet's $52.4 billion. According to The Wall Street Journal, Slim credits part of his ability to "discover investment opportunities" early to the writings of his friend, futurist author Alvin Toffler
Slim has been vice-president of the Mexican Stock Exchange and president of the Mexican Association of Brokerage Houses. He was the first president of the Latin-American Committee of the New York Stock Exchange Administration Council
The Mexican magnate's growing fortune has caused a controversy because it has been amassed in a developing country where per capita income does not surpass $14,500 a year, and nearly 17% of the population lives in poverty. Critics claim that Slim is a monopolist, pointing to Telmex's control of 90% of the Mexican landline telephone market. Slim's wealth is the equivalent of roughly 5% of Mexico's annual economic output. Telmex, of which 49.1% is owned by Slim and his family, charges among the highest usage fees in the world
In one of his last TV interviews, Larry King called him "an illuminated, extraordinary, and incredible man..."
Originally posted by proteus33
well when you own 90 percent of a countries communication services you can charge what you want . i wonder why he hasn't been kidnapped and held for ransom isn;t he exactly the kind the the mexican kidnapping rings like.
i smell something fishy here