The World's Richest Man is...Mexican

@urbangirl (1456)
Australia
July 3, 2007 5:29am CST
Apparently Mexican tycoon Carlos Slim is now the world's richest man, worth an estimated $US67.8 billion, after overtaking Microsoft founder Bill Gates, worth $59.2 billion.
5 people like this
13 responses
@ssh123 (31073)
• India
6 Jul 07
In 1960's and 1970's, this kind of status used to stay for couple of years or even a decade. Nowadays, within weeks or months, it changes either because there could be new found richest man or someone overtakes. Anyhow thanks for the information, I wasn't aware of this.
2 people like this
@derek_a (10873)
3 Jul 07
That's a lot of money! I am surprised he is Mexican as I always Mexico to be a relatively poor country - perhaps he's made his fortune elsewhere.
1 person likes this
@urbangirl (1456)
• Australia
3 Jul 07
Hi derek - there is a lot of money in Mexico and a huge disparity between rich and poor. I think the perception of Mexico as a "poor" country is to do with all the illegals flooding into the US but the peso was actually doing very well for a time. It is very possible to live well and be rich in a perceived "poor" country. The opposite is true of course too - the US is a "rich" country and yet there are so many poor and homeless people there too.
1 person likes this
@derek_a (10873)
4 Jul 07
Thank you. It is interesting to learn so much about other countries. When I see scenes of Mexico on the TV over here it is usually linked to the Mexicans trying to sneak across the borders in the U.S in search of a better life. I was going to go to Mexico many years ago, but it never came off. I wanted to go visit the pyramids and the Aztec sites, that have always fascinated me. At the moment, I have to wait until my health is back to what it was after a heart attack last year. I would have a problem with jet-lag. :-)
1 person likes this
@aidonia (4209)
• Greece
3 Jul 07
I saw your discussion at my emails,I open to read and even if I fell still dizzy I come to response. We speak about billions and anything until millions my mind can handle(maybe I 'll have 1 million one day )but when I start read about billions my mind has black out.
1 person likes this
@urbangirl (1456)
• Australia
4 Jul 07
Hi Aidonia...are you okay? Yes my mind can't handle billions either but any substantial company would be worth that much anyway....millionaires are not uncommon these days. It is possible in Sydney for instance to have assets worth more than a million dollars even if you live in a dumpy house in an okay kind of area - $1 M is not alot of money here for a "normal" person to have.
@derek_a (10873)
3 Jul 07
That's a lot of money! I am surprised he is Mexican as I always Mexico to be a relatively poor country - perhaps he's made his fortune elsewhere.
1 person likes this
• United States
3 Jul 07
Mexico is not a poor country. They have vast amounts of natural resources. They have a vibrant tourism sector. The problem is that they are basically corrupt. The gap between the rich and the poor is as wide as it is anywhere in the world. The rich don't want to share the wealth and would rather illegals enter the United States illegally and then send billions of dollars back to Mexico. Lloyd
1 person likes this
@youless (112582)
• Guangzhou, China
6 Jul 07
That's so rich. I will be very happy if I can have a bit of it:) I hope these richest men could find truly happy in lives. Although money can't buy many things, but at least having money can have a comfortable life. If possible, it's good to donate a little for the poors, the patients and the children who can't afford to school.
@vonne28th (1494)
• Philippines
3 Jul 07
Oh yeah, i've read about that from yahoo. He is so lucky!! are you from Mexico also?
1 person likes this
@urbangirl (1456)
• Australia
6 Jul 07
Hi vonne28th - no I am not from Mexico - I live in Australia.
@vonne28th (1494)
• Philippines
7 Jul 07
Oh i see. Thanks
@Lydia1901 (16351)
• United States
7 Jul 07
Well, I am so jealous of them all. I am still struggling to make ends meet. I hope someday, I will have enough to survive and maybe be rich someday.
@ladyluna (7004)
• United States
3 Jul 07
Hello Urbangirl, Yes, I read this as well. The first question that popped into my mind was: Is Mr. Slim as philanthropic as Bill and Melinda Gates are? Bill Gates announed some years ago, that when one has a 10 figure portfolio, that security is no longer a personal issue. And, that it is time to put that kind of fortune to work helping others. I wonder if Mr. Slim feels the same? Perhaps another MyLotter has a better understanding of Mr. Slim's charitable leanings.
@urbangirl (1456)
• Australia
3 Jul 07
Hi Ladyluna - yes I wondered about his philanthropic activities too. I read he did not really keep up with how much money he is worth, because to him it's not that important. So...I wouldn't be surprised if he is focussed on other more important things.
1 person likes this
• United States
3 Jul 07
Maybe he is related to all the illegals here in the US who send all their American illegally earned dollars back to Mexico.
@Lifeless (2635)
• India
4 Jul 07
Hey, is that true??? Well I haven't come across ny news of tht matter. Whr did u get to knw abt it???
@cherriemae (3370)
• Philippines
4 Jul 07
wow...he's really rich..with that lots of money he will surely but all what he needs, he wanted and maybe he can tour around the world..it's lots of money...is he had lots of wife?lol
1 person likes this
@anjrit (997)
• Indonesia
4 Jul 07
So,it means that mexican country growth very fast because there will be more tax that government get from their citizens
@seksiconnie (1173)
• Philippines
4 Jul 07
thanks for the info..good day :)