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Article: How Slim got huge.(Carlos Slim)
- Article from:
- Foreign Policy
- Article date:
- November 1, 2007
- Author:
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Copyright informationCOPYRIGHT 2007 Carnegie Endowment for International Peace. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Bill Gates is no longer the world's richest man. That honor now goes to Mexican billionaire Carlos Slim. But Slim's incredible fortune--$59 billion and climbing--is more than a story of one man's rise to riches. He is one of a growing list of tycoons from countries like China, India, and Russia who represent a new wave of wealth, power, and influence. Many are skilled businesspeople. But, in these fast-developing economies, being able to seize a political opportunity may count for a lot more
Come back, Bill Gates! After some initial misgivings, the world had largely grown comfortable with the Microsoft founder as the closest thing capitalism has to a mascot--the No.1 spot ...
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