Berkeley CSUA MOTD:Entry 46301
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2025/07/11 [General] UID:1000 Activity:popular
7/11    

2007/4/13-16 [Science/GlobalWarming] UID:46301 Activity:moderate
4/13    Carlos Slim now 2d richest man in the world:
        http://urltea.com/5ef (news.yahoo.com)
        \_ Interesting. ""Our concept is more to accomplish and solve things,
           rather than giving - that is, not going around like Santa Claus,"
           Slim said. "Poverty isn't solved with donations."
           Judging from the fact that Mexico appears to be devolving into
           a gang ridden, corrupted hellhole that will just get worse
           when Mexico's oil production capacity collapses in a decade,
           Slim is really good at making sure he's not impoverished,
           not his fellow Mexicans.
           \- his wealth is about 1/20 of mexico's gdp.
2025/07/11 [General] UID:1000 Activity:popular
7/11    

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urltea.com/5ef -> news.yahoo.com/s/ap/20070412/ap_on_bi_ge/mexico_second_richest_man_2
In an article on its Web site, Forbes attributed part of Slim's "amazing run" to a 15 percent increase in the stock price of Carso Global Telecom, part of a larger rally in Mexican stocks. Slim's America Movil cell phone company also soared on news of a possible acquisition of Telecom Italia. In the 2007 rankings released March 8 -- but prepared almost a month earlier -- Forbes had listed Slim as the world's third-richest man and estimated Gates' fortune at $56 billion. "It's not about having who knows how many bonds, to spend them on whatever one wants or live it up all year," said Slim, an engineer who wears modest suits and whose main indulgence appears to be expensive cigars. "It's very interesting, because he leaves those who are running his affairs the responsibility of being very profitable," Slim said of Buffett. "If they're inefficient or don't get real-term returns, they're not going to be running anything." "Our concept is more to accomplish and solve things, rather than giving -- that is, not going around like Santa Claus," Slim said. Carlos Slim is seen during a news conference in Mexico City, Monday, March 12 , 2007. The Mexican telecom magnate overtook investor Warren Buffett to become the world's second-richest man and is now close to wresting the top spot from Bill Gates, Forbes magazine reported Wednesday, April 11, 2007. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.
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news.yahoo.com
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