10 richest people on the planet
1. Carlos Slim
The world’s richest man, Slim is a giant in the telecommunications industry. He owns America Movil, the largest mobile-phone operator in the Americas and is chairman of TelMex. Slim also maintains holdings in banking (Inbursa) and mining (Minera Frisco), as well as Philip Morris, New York Times, Saks and Caixabank. Through his family’s holding company, Grupo Carso, Slim has interests in the Mexican construction industry. Lawmakers in Latin America are increasingly focusing on Slim's stranglehold on phone service in the region. New regulations could cut into his wealth.
Did you know?
Slim started out as a trader and his first company was a brokerage in Mexico. Slim's wealth is the equivalent of 5% of Mexico's annual economic output. One percenters think of him as the one percent.