
This Mexican business magnate has seen his personal fortune jump by more than a third over the past year to reach US$ 74 billion, making him the richest man in the world for the second time in the row, according to Forbes Magazine, by passing Bill Gates as a second with a fortune of US$ 56 billion.
Carlos Slim Helu, born in Mexico City, Mexico on January 28, 1940. He is a multi-billionaire with a difference. Shunning a lavish lifestyle and has great passion for the art. He drives around in Mexico City all by himself bracing the traffic in Mexico City. Despite his fortune, the 71 years old lives in a modest six-bedroom house a mile from his office, three miles from where he was born. He also has no interest in flashy super-yachts or palatial house around the world; he is a king who loves to limit his roaming to a tiny corner of the realm.
Slim and his siblings were taught basic business practices by his father, and at the age of 12 Slim bought back shares in Mexican Bank. Now he is the chairman and CEO of telecommunications companies Telmex and American Movil and has extensive holdings in other Mexican companies through his conglomerate, Group Carso SAB, as well as business interest elsewhere in the world.
The reach of his dominion in Mexico is so large that the Wall Street Journal once quipped that “it’s hard to spend a day in Mexico and not put money in Slim’s pocket. An average Mexican will wake up on sheets bought from a Slim-owned store, buy their morning bread from a Slim-own bakery and drive to work in Slim-insured car. They will call friends on a Slim-owned mobile phone, lunch at Slim-owned restaurant and smoke Slim-owned cigarette. It is a little wonder that Mexico is referred to as “Slimlandia”

