Carlos Slim news stories on Newser

Larry King Back With Internet Show

Kevin Spak — Mon, 12 Mar 2012 10:17:26 CDT

He's baaaack. Larry King will strap on his suspenders once more to host an online-only TV show on a new network financed by Carlos Slim Helu, the New York Times reports. The new network, which will be called Ora.tv, will be officially announced today. King says the show will...

Slim Still World's No.1 Fat Cat

Rob Quinn — Thu, 08 Mar 2012 02:00:00 CST

There are more billionaires than ever in Forbes ' annual list , but no surprises at the top. Mexican telecom tycoon Carlos Slim heads up the list for the third year in a row, with an estimated net worth of $69 billion. Bill Gates, Warren Buffett, and French luxury-goods magnate Bernard...

Tycoon Carlos Slim Loses $8B in Week

John Johnson — Fri, 05 Aug 2011 11:58:56 CDT

From the everything's-relative department: The world's richest man has lost about $8 billion in this week's market mess, reports Bloomberg . The fortune of Mexico's Carlos Slim is now worth about $63 billion in US dollars, down 11% from the end of July. Mexico's stock market has been in the skids...

This Woman May Soon Be World's Richest Person

Tim Karan — Wed, 29 Jun 2011 15:25:44 CDT

The world may soon have a new richest person, and good money says you've never heard of her. Australian mining tycoon Gina Rinehart is projected to reach a net worth as high as $100 billion—more than Carlos Slim ($74 billion), Bill Gates ($56 billion), and Mark Zuckerberg ($13.5...

Carlos Slim Tops Billionaires List

Rob Quinn — Thu, 10 Mar 2011 05:02:00 CST

Mexican telecoms tycoon Carlos Slim is the richest person in the world for the second year running, according to Forbe s' latest list of billionaires . The 71-year-old Slim, now worth an estimated $74 billion, widened the gap with No. 2 Bill Gates thanks to some canny business moves last year,...

Bill Gates Even Gave Away Richest-Guy Title

Polly Davis Doig — Tue, 08 Mar 2011 07:33:15 CST

Forbes will unveil its 2011 billionaires list tomorrow, and Bill Gates will certainly make an appearance, reports Reuters . But it turns out the longtime richest guy in the world fell to No. 2 last year not because of Microsoft's waning fortunes, but because he literally gave away the title. "It...

Carlos Slim Overtakes Bill Gates as World's Richest

Will McCahill — Thu, 11 Mar 2010 08:11:31 CST

Mexican businessman Carlos Slim has overtake Bill Gates to become the world’s richest person, with Forbes’ annual estimate giving him a net worth of $53.5 billion—a hair more (well, to them) than the Microsoft founder’s $53 billion even. Investor Warren Buffet ($47 billion) is third, followed by Indian...

Savvy Slim Bets on NYT Being a Monopoly

John Johnson — Tue, 26 May 2009 18:55:31 CDT

Carlos Slim, the elusive Mexican billionaire who bailed out the New York Times to the tune of $250 million, is betting that the Times will be one of a very few major-league news organizations left standing when the current newspaper shakeout is over, Lawrence Wright writes in a profile of...

Don't Sell the Times ... Yet

Kevin Spak — Thu, 14 May 2009 08:15:12 CDT

The New York Times ' ruling Ochs-Sulzberger family has a “habit of buying high and selling low,” writes John Gapper of the Financial Times . The clan sold the paper’s old Times Square building at a bargain price and bought back shares near their zenith. Now Arthur Sulzberger Jr., "the daffy...