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Article: Mexican tycoon Slim overtakes Gates as world's richest man: report
- Article from:
- Xinhua News Agency
- Article date:
- July 4, 2007
CopyrightCopyright 2007 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Mexican tycoon Slim overtakes Gates as world's richest man: report
MEXICO CITY, July 3 (Xinhua) -- Mexican tycoon Carlos Slim has
become the world's richest man with a total fortune of around 67.84
billion U.S. dollars, overtaking the United States's Bill Gates, who
has 59.2 billion dollars, the Mexican financial website Sentido
Commun said on Tuesday.
The Bolsa Mexicana de Valores, the Mexican Stock Exchange, whose
index has quintupled in value since 2002, has created vast fortunes
for many local businessmen, it said.
Slim's wealth has soared due to the 26.5-percent surge in his
mobile phone operating business America Movil and the 11.3-percent
gain in the value of Telmex, Slim's ...