Marcelo Salinas / AP
Carlos Slim Helú
THE GLOBAL ELITE

45: Carlos Slim Helú

Mexican tycoon

 

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The world's second-richest man made his $60 billion by acquiring Mexico's state-owned telephone monopoly in 1990, parlaying that into an empire of telecommunications, real estate, retail, media and consumer goods. He credits his Lebanese immigrant father, who dealt in dry goods and real estate in Mexico City, with nurturing his financial acumen—as a child, he was given a savings book along with his allowance and told to manage his income.

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Slim's $3.5 billion charitable foundation is focusing on health and education projects, but in 2009 he could have a greater impact on ailing companies than on communities; having taken stakes in such U.S. firms as Citigroup and The New York Times, he's one of a group of high-profile foreign businessmen buying up American assets at fire-sale prices. Investors will be watching any future buys—Slim is widely considered to be one of the world's best stock pickers.

No. 44: Dr. Margaret Chan

© 2009

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  • Posted By: 40YearR @ 12/31/2008 8:37:04 AM

    That would be "grammatical". I will ignore your other such deficiencies.

    Decades writing extensive explanatory analytical 'stuff'. English prof "always' emphasized rough drafts, think, hone. No practice writing blurts? Spelling gone due to decades of worthy assistants. Remember the meanings though. Self-taught by poor typing teacher. Dyslexia scrambles and repeats phrases.

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  • Posted By: 40YearR @ 12/31/2008 8:23:42 AM


    "My OPINION is that the vast majority of these white voters were trying to be post-racial and had a guilty conscience. In other words they voted for O primarily because of his skin color."

    I don't know a single nonprejudiced, nonracist who would say such a thing. I have several racist acquintainces who say this and that he only won because of the black vote.

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