Mexico is definitely neck deep in debt, but what is ironical is this time the title of World’s Richest Man goes to a Mexican national Carlos Slim. The telecom magnate also set a new record for the financial world for it’s the first time that a person from developing nation bagged this title. With a staggering net worth of $53.5 millions, he has scaled the ladder of success after his cell phone holdings commanded high value, making him garner $18.5 billion over the past year.
You could be wondering why there is so much news about a Non-American to make it this big, let me tell you this hasn’t happened since 1994. When speaking of people with the prowess of money, it throws up an image of a man dressed in bespoke elite suites with a luxury laced lifestyle, but Slim doesn’t belong to that league. He is an art connoisseur, known for wearing inexpensive suits and indulgences being limited to cigars and soft drinks.
Sources suggest that that developing nations are increasingly marking their presence in Top Ten list which includes two billionaires form India and Brazil. Slim is followed by Bill Gates and Warren Buffet and sources say that’s because of their philanthropic outlook. In fact the Apple Head Honcho is known to be the second most generous philanthropist in America.
Via Google News