Carlos Slim News

Carlos Slim News From AOL News

Carlos Slim: 5 Facts on the Billionaire Atop the Forbes 400 List

Recession woes? Diminished savings? Behind on bills? These aren't words that resonate for Carlos Slim, the Mexican billionaire who just topped a 2011 Forbes list of the world's wealthiest people. As WalletPop reports, Slim is now worth a whopping $74 billion, placing him well ahead of No. 2 Bill Gates ($56 billion) and...

Billionaire Among Us: How Mexicans See Carlos Slim

MEXICO CITY (March 13) -- How does a country battered by a lethal drug war and the worst recession since the 1930s react when one of its own, Carlos Slim Helu, is deemed by Forbes magazine to be the world's richest person? In a word, mixed. "There's no way for a country with so many poor to have the world's richest man...

Carlos Slim News From AOL

ENGADGET MOBILE

CFC backtracks on Slim's near-billion dollar fine in Mexico, lays out other terms and conditions

The ongoing kerfuffle between Mexico's Federal Competition Commission and Carlos Slim's America Movil (Telcel's parent company) took a drastic turn earlier today.

ENGADGET MOBILE

Mexico's CFC deems Telcel 'too dominant' in mobile call termination, more regulations coming

Things could be getting a tad bit messy for the world's richest man, Carlos Slim , as Mexico's CFC (or Federal Competition Commission) has ruled one of his companies holds too much power in a key wireless sector.

THE HUFFINGTON POST

Carlos Slim Needs More Competition

Last month brought mixed news for Carlos Slim, the world's richest man.

Carlos Slim News From the Web

05/25/12 $US3.2b loss in one week Source: The Sydney Morning Herald - Sydney NSW - Australia Facebook co-founder Mark Zuckerberg lost $US3.2 billion during the week as shares of his social-networking company fell 16.5 per cent, according to list of the world's richest people.
05/25/12 Sawiris could sell its stake in Telekom Austria to... Source: Convergencia Latina - Argentina The Egyptian businessman Naguib Sawiris threatened to sell its stake in Telekom Austria to Carlos Slim, if Austria does not give him and his partner Ronny Pecik "approval to reorganize the company."
05/23/12 Slim Family Sees European Crisis As Good Time To Invest Source: Brudirect.com Carlos Slim sees Europe's debt crisis as a "good moment" to apply his strategy of investing in times of turmoil, said the billionaire's son, America Movil SAB (AMXL) Co- Chairman Carlos Slim Domit.America Movil, controlled by the elder Slim, announced a $3.4 billion bid to increase its stake in former Dutch phone monopoly Royal KPN NV earlier this month.
05/23/12 Should the New York Times Investigate Wal-Mart or... Source: Forbes The New York Times's Vast Mexico Bribery Case Hushed Up by Wal-Mart After Top-Level Struggle suggests that Wal-Mart violated the Foreign Corrupt Practices Act.
05/21/12 America Movil Requests Withdrawal Of Erroneous OECD... Source: Forbes - Europe America Movil is striking back at a report issued by the OECD earlier this year that claimed the telecom giant's Mexican wireless phone unit charged excessively high prices.

Background on Carlos Slim

Carlos Slim Helú (; born January 28, 1940) is a Mexican business magnate and philanthropist who is currently ranked as the richest person in the world in 2012. Slim has been ranked the richest person in the world since 2010. His extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso, SA de CV, have amassed interests in the fields of communications, technology, retailing, and finance.

more at wikipedia »