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Saturday, June 09, 2007

Wireless Telecom Will Likely Push Carlos Slim Past Bill Gates

Businessman Carlos Slim Helu, who goes by Carlos Slim, has already passed super-investor Warren Buffett as the 2nd richest man on the planet. Now his growing interests in wireless telecom could push Carlos Slim past even Microsoft founder Bill Gates as the richest man in the world.

That's according to a new report online.

Carlos Slim is the controlling shareholder of America Movil. America Movil's recent quarterly results confirm that the company is capable of capturing untapped growth in its markets and potentially moving Carlos Slim past Gates in wealth.

America Movil, through its subsidiaries, provides wireless communication services primarily in Latin America.


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