Personal Fortune
On March 29, 2007, Slim surpassed Warren Buffett as the world's second richest person with an estimated net worth of $53.1 billion compared to Buffet's $52.4 billion.
On August 4, 2007, The Wall Street Journal ran a cover story profiling Slim. The article said, "While the market value of his stake in publicly traded companies could decline at any time, at the moment he is probably wealthier than Bill Gates". According to The Wall Street Journal, Slim credits part of his ability to "discover investment opportunities" early to the writings of his friend, futurist author Alvin Toffler.
On August 8, 2007, Fortune reported that Slim had overtaken Gates as the world's richest man. Slim's estimated fortune soared to $59 billion, based on the value of his public holdings at the end of July. Gates' net worth was estimated to be at least $58 billion.
On March 5, 2008, Forbes ranked Slim as the world's second-richest person, behind Warren Buffett and ahead of Bill Gates.
On March 11, 2009, Forbes ranked Slim as the world's third-richest person, behind Gates and Buffett and ahead of Larry Ellison.
On March 10, 2010, Forbes once again reported that Slim had overtaken Gates as the world's richest man, with a net worth of $53.5 billion. At the time, Gates and Buffett had a net worth of $53 billion and $47 billion respectively. He was the first Mexican to top the list. It was the first time in 16 years that the person on top of the list was not from the United States. It was also the first time the person at the top of the list was from an "emerging economy."
In March 2011, Forbes stated that Slim had maintained his position as the wealthiest person in the world, with his fortune estimated at $74 billion.
In October 2012, According to The Bloomberg Billionares Index, Carlos Slim Helú remains the world's richest man with an estimated net worth of $75.9 billion.
Read more about this topic: Carlos Slim
Famous quotes containing the words personal and/or fortune:
“In our personal ambitions we are individualists. But in our seeking for economic and political progress as a nation, we all go up—or else all go down—as one people.”
—Franklin D. Roosevelt (1882–1945)
“Let it not your wonder move,
Less your laughter, that I love.
Though I now write fifty years,
I have had, and have, my peers;
Poets, though divine, are men:
Some have loved as old again.
And it is not always face,
Clothes, or fortune gives the grace,
Or the feature, or the youth;
But the language, and the truth,
With the ardour and the passion,
Gives the lover weight and fashion.”
—Ben Jonson (1572–1637)