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Article: Meet the Times' Newest Investor, Carlos Slim Helu.
- Article from:
- The New York Observer (New York, NY)
- Article date:
- September 11, 2008
CopyrightCOPYRIGHT 2008 The New York Observer. 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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So Carlos Slim Helu, the richest man in Mexico and one of the richest in the world, has purchased a 6.4 percent stake in Times Company. Richard Perez-Pena reports: "[Times Company] stock closed on Wednesday at $13.96 a share, down 4 cents, giving the Slim family's 9.1 million shares, a value of $127 million."
David Luhnow wrote a wonderfully detailed portrait of Slim Helu in August 2007 for The Wall Street Journal, and we learned a lot about him, his fortune, the monopoly he controls in Mexico and his personality. Here's a sampling: He's an insomniac who stays up late reading about Ghengis Khan. He's a Yankees fan. He smokes Cuban cigars and his office is decorated ...