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Times Online reports that Carlos Slim Helu is now worth an estimated $67.8 billion, compared to Bill Gates with a net worth of $59.2 billion. Carlos beat Gates by more than 8 billion net. The Mexican mogul’s wealth had shot past Gates following the rocketing performance of his telecommunications firm, America Movil [soared by 27 per cent].
“Thanks to a 26.5 per cent rise in the shares of America Movil during the second quarter, Slim, who controls a 33 per cent interest in Latin America’s largest mobile phone company, is substantially richer than Gates,” Sentido Comun said.
“The difference between their two fortunes is around nine billion dollars in favor of Slim,” the financial website said.