Carlos Slim Helu: New Richest Person in the World!

You may be rich but definitely not as rich as Carlos Slim Helu. The guy just trumped Americans Bill Gates and Warren Buffett as the... More Below... Posted by on Mar 11th, 2010 and filed under Featured.

You may be rich but definitely not as rich as Carlos Slim Helu. The guy just trumped Americans Bill Gates and Warren Buffett as the richest man in the world!

Helu, a Mexican tycoon, has shot to the number one spot on Forbes list of World Billionaires for 2010. Slim’s fortune is estimated to be worth $53.5 billion–that’s $18.5 billion more than his money 12 months ago. Shares of America Movil (AMX), of which Slim owns a $23 billion stake, were up 35% in a year.

Microsoft’s Bill gates was the world’s richest for the past years, but now he is only second to Helu with an estimated worth of $53 billion. In only 12 months, Microsoft had a growth of 50%. Gates’ holdings in CAE (Cascade) personal investment vehicle also reached new heights.

Meanwhile, Buffet’s fortune ballooned from $10 billion to $47 billion on rising shares of Berkshire Hathaway (BRK), making him the third richest in the world.

(story & image from Yahoo News)

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  • Reverend Trey Noran

    Mr. Carlos Slim Helu,

    My name is Reverend Trey Noran and I have been working extremely hard to raise needed funds to open a homeless hotel and outreach center in Denver Colorado. The homeless epidemic in America is approaching an all time high. I would assume that you give to all types of charities as I have used up all of my available capital thus far. I have an ample amount of people and star support, but have not been able to make the right connection to generate funds. My Godmother, the famous Mae West, If she was alive would get me the backing from the stars that I need to do my fundraiser. I have been told not to contact you as you would be like other Billionaires and push my request to the side, but in my heart, I know that God will be opening a door very soon. Therefore, I put my trust in him and each time my thought comes back to you. I hope that you are willing to help us when no one else will. You can look us up at Hislovestreetministries.com/

    God Bless,

    Reverend Trey Noran

  • Peter

    Carlos Slim is definitely old school. He’s of the tried and true “guerrilla billionaire” strategy: buy lots of businesses and either keep them for the cash flow or fix ‘em up and sell them. The goal is to make money off a lot of deals instead of a killing on just one.

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