dance,

8.04.2007



The Secrets of the World's Richest Man

[guess which country?]
Wall Street Journal (Weekend Journal) ^ | 4 August 2007 | DAVID LUHNOW

Posted on 08/04/2007 5:47:20 PM PDT by COBOL2Java


Carlos Slim is Mexico's Mr. Monopoly.

It's hard to spend a day in Mexico and not put money in his pocket. The 67-year-old tycoon controls more than 200 companies -- he says he's "lost count" -- in telecommunications, cigarettes, construction, mining, bicycles, soft-drinks, airlines, hotels, railways, banking and printing. In all, his companies account for more than a third of the total value of Mexico's leading stock market index, while his fortune represents 7% of the country's annual economic output. (At his height, John D. Rockefeller's wealth was equal to 2.5% of U.S. gross domestic product.) (more)

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