18 Richest People - Billionaires in Georgia, USA, 10 Interesting Greetings from Around the World, Top 10 Door Lock Brands With the Most Security in the World, Top 10 Greatest and Famous LOVE STORIES in The World, Top 10 Most Largest US Colleges & Universities - by Enrollment, Subscribers, 15 Most Popular Online Courses of the U.S Top Universities 2023/2024, March 2023 Monthly Horoscope of 12 Zodiac Signs - Astrological Prediction, Top Best Hospitals for Citizens and Visitors, Daily Horoscope: Best Prediction for 12 Zodiac Signs, Most Auspicious Dates and Days In Every Month of 2023 To Do Everything, Unique Life Lesson to Remember - No School Teach You, Top 10 Most Intelligent Talking Birds in The World, Luckiest Day of Each Zodiac Sign in This Week, March 6-12, 2023, Top 10 Most Beautiful School Uniforms in The World, The Unexpected Luck of 12 Zodiac Signs in March 2023, According to Astrology, Top 5 Most Attractive Female Zodiac Signs At Work, LEO MONTHLY HOROSCOPE In MAY 2023 - Best Astrological Prediction, CANCER MONTHLY HOROSCOPE In MAY 2023 - Best Astrological Prediction. The villas have a dedicated butler who provides them with personalized service. Slim, along with his son, increased their corporate presence in Mexico's music industry, particularly in the retail music sector since 2013. Juan Domingo Beckmann Legorreta ranked 6th with a personal wealth of $4.4 billion, followed by Rufino Vigil Gonzalez with $3.6 billion. As of February 2023, the richest person in Mexico is Carlos Slim Helu. Slims construction firm Promotora IDEAL looked to dial up Mexico's recently tepid capital markets in February, announcing a plan to raise more than $1.1 billion (25.8 billion pesos) in what would be the nation's largest public offering since March 2018. America Movil is the telecom subsidiary of Mexican billionaire Carlos Slim. Upon formation of the company, Slim remained sanguine about the company's future potential and Mexico's burgeoning energy sector where the state monopoly ceased to exist. Though Becle's Mexico-listed stock edged up over the past year, the peso's fall against the U.S. dollar kept Beckmanns net worth flat with 2019. However, just like El Chapo finally lost his freedom, most of the drugs dealing tycoons are losing everything. de C.V. (GMEXICOB.MX), Mexico's largest mining and infrastructure company, which also owns the largest railroad company in Mexico. Carlos Slim Hel keeps his long-held spot as Mexicos richest person. We also reference original research from other reputable publishers where appropriate. ", Market Screener. Streams of knowledge everyone should know, Copyright@2020 KnowInsiders. He was worth $9.9 billion in 2012, but that wealth since plummeted to $7.8 billion. These areas offer beautiful beaches, luxurious hotels and resorts, and plenty of activities to keep visitors entertained. [19] Slim was an early investment backer in Telmex, as the cash flows and revenues of the company eventually formed the bulk of his private fortune. Fortune: 81.2 billion dollars. The island is visible from the BBCs The Millionaires Holiday Club. Most of these billionaires inherited large fortunes that they were able to reinvest and grow. On March 27, 2020, the cash-strapped firm said it drew down $1 billion from its revolving credit line as a result of the Covid-19 outbreak. Full List of Mexico Billionaires 2023 When people think of the countries with billionaires, they often forget to mention Mexico. America Movil now controls a 21.1 percent stake of KPN with a market value of 3.1billion euros as of 20 May 2015. Juan Domingo Beckmann Legorreta ranked 6th with a personal wealth of $3.8 billion, followed by Rufino Vigil Gonzalez with $3.3 billion. The chemical industrial power is now under the able control of his children as Antonio enjoys his retirement blissfully. It is nearly double the cost of living in the rest of the country, which is US$18,400. In the rise of his wealth, the Business magnate has engaged in the formation of several companies. As of the end of 2021, there are 13 billionaires in Mexico. Though Slim hasn't publicly spoken out about the virus, his foundation announced on March 25, 2020, it was donating $41 million (1 billion Mexican pesos) to purchase ventilators, face masks, gloves and other medical equipment, plus fund public health education across the country. His fortune, which stems mostly from a 42% stake in Mexico City-based chemical conglomerate Orbia Advance Corp. (formerly called Mexichem), plummeted 50% from $3.2 billion last yearthe largest percentage drop of any Mexican billionaire. Maria Asuncion is currently the second richest woman in Mexico. [102] The complex, whose construction was funded by Slim, includes an evangelization center, museum, columbarium, health center, and market.[103]. Maryland residents accounted for 38 percent of those who obtained a bachelors degree. Dubai has become one of the worlds wealthiest cities, owing in part to its status as a free market state. [40] Slim's stake in the Times increased again to 16.8% of the company's Class A shares on 20 January 2015 when he exercised stock options to purchase 15.9 million shares, making him the largest shareholder in the company. The legitimate billionaires are seemingly coming back to financial growth. For him, anything retail goes, and his 4.3 billion dollars is from different industries, including fashion, supermarkets, and restaurants. The middle class forms a small . The countrys billionaire ranks swelled by one since last year to 13 list members, while their combined net worth rose by nearly a third to $136.1 billion (up from $103 billion). Televisa shares have tumbled more than 50% since late February; Pinfra shares are down nearly 30% over the same period. The engineer ventured into banking, tourism, energy, infrastructure, and auto dealerships. Knowinsiders.com's astrologer ranks the Top 5 most attractive female zodiac signs in the workplace. Carlos Slim Helu 2. On this Wikipedia the language links are at the top of the page across from the article title. ", Reuters. [4] In 1965, profits from Slim's private businessses and investments reached US$400,000,[24] enabling him to start the stock brokerage house Inversora Burstil. The wealthiest person in Mexico is Carlos Slim, who made his $62 billion fortune in telecommunications. Mexico: richest people by net worth in 2022, by value of fortune Carlos Slim Helu and his family had a fortune of 81.2 billion U.S. dollars and were the richest people in the country as of 2022, according to Forbes. Alberto Baillres owns Grupo BAL, an enormous conglomerate that includes Peoles, a major mining company, and El Palacio de Hierro, an upscale chain of department stores. Though the bulk of his holdings remained in Mexico, he began targeting the United States for foreign investments. [95], Established in 1986, Fundacin Carlos Slim[es] sponsors the Museo Soumaya in Mexico City, named after Slim's late wife, Soumaya Domit, opened 2011. In 2021, from the total national wealth in Mexico, 78.7 percent belonged to the top ten percent group. The Mexican states of Nuevo Leon, Tamaulipas and San Luis Potosi are the wealthiest states in the country, according to a study by the Mexican Businessmens Association. Best Fashion Schools In The World For 2022. Amrica Mvil once commanded an 80% share of the landline market and a 70% share of the mobile market in Mexico. [34] Much of the rationale behind Slim's international commercial expansion beyond Mexico was due to a running joke in Mexican business circles where "there was nothing left to acquire in Mexico. It's unclear, however, how long the good fortune will last. Looking for online courses during the pandemic? His father, David Penaloza Sandoval, founded a predecessor company. Longtime billionaires list member Jeronimo Arango, who cofounded retailer Cifra with his brothers and sold it to Walmart in 1997, died at age 94 in April 2020. Learn how your comment data is processed. Slim has been slowly decreasing his holdings since he was forced to withdraw a 7.2-billion-euro bid for the Dutch phone line carrier in 2013 after negotiations collapsed. Since 2006, IDEAL won three infrastructure contracts yet it faces stiff competition from a number of other Mexican and Spanish construction companies.[7][37]. The Full List of Billionaires Of Philippines In 2023 - Who Are The Richest People In The Philippines? They are not only beautiful but also confidently complete all tasks. [21], Amidst the Mexican economic downturn before its recovery in 1985, Slim invested heavily by snapping up numerous Mexican flagship companies for pennies on the dollar. In comparison to the national average, the median household income in the state is $62,488. However, Slim's losses were relatively minor compared to the losses other Mexican billionaires suffered over the same time frame. Carlos Slim Helu was the wealthiest man in Mexico, with an estimated net worth of 81.5 billion U.S. dollars, followed by German Larrea Mota Velasco (No. Pliegos fortunes suffered due to depressed consumer spending, but a stronger Mexican peso, nonetheless, increased his net worth by $1.2 billion in 2020. Lisa is also an editor on the Breaking News desk and oversees stories of national significance. [17], Later in 1990, Slim acted in concert with France Tlcom and Southwestern Bell Corporation to purchase the landline telecommunications operator Telmex from the Mexican government, when Mexico began privatizing its national industries. Check it out! Lima is the capital of Peru and has the largest economy on the Pacific coast. A descendant of Don Jose Antonio de Cuervo, Beckmann today owns 85% of the world's largest tequila producer and Jose Cuervo maker, Becle. Maria Asuncion Aramburuzabala. Where are Mexicos billionaires in the global ranking? The city has a population of 282,000 people and is located in the heart of the Rio de la Plato, which is a world-renowned natural beauty. Celebrity jet-setters, championship golfers, US party boys and girls, families, and anyone interested in living luxuriously along the Pacific Ocean are just a few of the celebrities who call Cabo San Lucas home. He made a fortune as a shareholder of Mexican bank Banamex, which Citigroup acquired in 2001 for some $12 billion in cash and stock. Have you read? School uniform is one of the universally popular costumes, exclusively for students at all levels from kindergarten to high school. With his conglomerate Grupo Carso, he acquired Telmex, a landline telephone operator from the Mexican government. She took her seat in office in 2017 and she is a member of the Republican Party. (adsbygoogle = window.adsbygoogle || []).push({}); As of February 12, 2023, Carlos Slim Helu was thewealthiest man in Mexico, with an estimated net worth of 88.6 billion U.S. dollars, followed byGerman Larrea Mota Velasco (No. The richest states in the United States are typically those with the most expansive and diverse economies. Baillres also serves on the board of Fomento Econmico Mexicano, S.A.B. In 2015, together with a business partner, Carlos Slim (the wealthiest man in Mexico), they did an IPO of their construction conglomerate, Elementia. Ballieres chairs mining group Industrias Penoles, whose shares have risen about 50% in the past year. However, he had acquired enough prerequisite learning and attitude adjustment. Read on CANCER Monthly Horoscope In May 2023: Astrological Prediction for Love, Money, Career, Travel, Education and Health and follow our advice to have a favorable month May 2023. 16 richest on Forbes 2021 list, down from No. How many billionaires in this African country? "[34] He set up Telmex USA branch and also acquired a stake in Tracfone, an American cellular telephone operator. Chico Pardo is president and chairman of the Mexico-listed company. Among her interests were various philanthropic projects. His company America Movil purchased 30 percent of the team along with transmission rights as Slim doesn't have the rights to transmit content by broadcast television or cable TV as well as putting him in competition with Televisa and TV Azteca, two television companies with rights to the rest of Mexican soccer's first division. [3], On 10 March 2010, Forbes once again reported that Slim had overtaken Gates as the world's richest person, with a net worth of US$53.5billion. Carlos Slim Hel (Spanish pronunciation: [kalos ezlin elu]; born 28 January 1940) is a Mexican business magnate, investor, and philanthropist. The son of Lebanese immigrants and a cousin of Carlos Slim Hel, Alfredo Harp Hel diversified his fortune after receiving a hefty payout from Citigroup's 2001 acquisition of the Mexican bank he formerly owned, Banamex. Since then, up to this day Maria Asuncion serves on the board of the company Anheuser-Busch InBev. Skylar Clarine is a fact-checker and expert in personal finance with a range of experience including veterinary technology and film studies. Billionaire: Definition, Examples, vs. Millionaire, Forbes World's Billionaires List - The Richest in 2021, Insight - Threat of Break-up Looms Over Mexican Telecoms Tycoon Slim, Federal Telecommunications and Broadcasting Law, America Movil Fined $128 Million by Mexican Telecoms Operator, World's Billionaires List: The Richest in 2021, Share of population living n poverty in Mexico in 2020, by state. Germn Larrea Mota Velasco 3. At the time, he owned 80% share of the landline and controlled 70% share of the mobile market. Concurrently, Slim established Carso Infraestructura y Construccin, S. A. Colorado is ranked tenth in terms of unemployment, and fourteenth in terms of poverty, with a rate of 9%. The television company was already the biggest in Mexico before Jean took it over, and hes had plenty of time to rack up his net worth over the years. "Mexicos Richest Billionaires 2021. Carlos Hank Gonzalez was mayor, cabinet secretary and governor at the highlights of his career. She successfully pursued a Bachelors degree in Arts and Science. [77], Slim is an active real estate investor. There are so many safe, leafy, and cool neighborhoods in Guadalajara, unlike other areas where ex-pats congregate, that expats are dispersed throughout the city in clusters of eight or nine more affluent areas, such as Providencia, Chapalita, Zapopan, and Chapepec. His real estate holding company, Inmobiliaria Carso has developed, invested, owned and operated many residential and commercial real estate properties across Mexico since the 1960s. As many banks were struggling and foreign investors were cutting back on investing and scurrying, Slim began investing heavily and acquired many Mexican flagship businesses at depressed valuations. He was not the son of a rich man, and he hustled hard to reach his status. How does . Most Auspicious Dates and Days to do Everything In Every Month of 2023: Engagement, Wedding, Moving House, Buying Car, Child Birth, etc. The Full List of German Billionaires In 2023 - Who Are The Richest People In Germany? "Grupo Mxico SAB de CV. After graduation, he pursued graduate degrees in both Library Science and Communication. 3, $10.9 billion); and Alejandro Bailleres Gual (No. He then started founding different companies in different verticals and served as their president. [66], On 8 August 2007, Fortune magazine reported that Slim had overtaken Gates as the world's richest person. The stronger peso also helped boost Penalozas fortune in dollar terms. She successfully pursued a Bachelors degree in Arts and Science, just like the second richest woman in Mexico, Maria Aramburuzabala. On 11 March 2009, Forbes ranked Slim as the world's third-richest person, behind Gates and Buffett and ahead of Larry Ellison. Best Hospitality And Hotel Management Schools In The World For 2022. She is also now the only woman billionaire in Mexico. Reach her at info@ceoworld.biz. Carlos holds a Bachelors degree in Science and Arts. Slim spoke quite positively about the meeting. No Mexican billionaire was hit harder than the nations richest person, telecom mogul Carlos Slim Hel, who again leads the ranks despite his fortune falling $12 billion, or nearly 19%, since last year. Today she sits on AB InBev's board and serves as CEO of investment firm Tresalia Capital, which has led investments in construction, telecommunications and technology. Slim had acquired a 27.51% stake in the company in June 2008, which represented 6.6% of Sinca's investment portfolio. Now, Carlos Hank Rhon is worth 2.1 billion dollars. The Mexican steel barons fortune is up $500 million from a year ago after a rebound in the share price of two steel listed companies in which he owns shares: Industrias CH and Grupo Simec. She is one of the famous businesswomen in Mexico. His father started the family mining empire, and Alberto steered it into mega profitability and growth. Unemployment in the state is the eighteenth highest in the country, at 5.7%, and poverty is the eighth lowest, with only 10% of the population out of work. At an estimated $62.8 billion, hes worth $10.7 billion more than a year ago. In March 2012, Amrica Mvil acquired the broadcast rights for the Olympic Games in Sochi 2014 and the Brazil 2016 for Latin America. The state had a poverty rate of 29.1% in 2012. ", The Mazatlan Post. In 2020 alone, the peso has fallen more than 25%. The study found that the three states had the highest GDP per capita in 2013, at $17,209, $16,532 and $15,532 respectively. After passing the Sirens island, Odysseus must navigate the straits between Scylla, a horrid six-headed monster,, Read More Between a Rock and a Hard PlaceContinue, Austin Russell is the founder of Luminar Technologies. [73], In September 2014, Forbes listed Slim as number 1 on its list of billionaires with a net worth of US$81.6billion. Everything you Need To Do Before you Leave, Best Universities For Doctor of Business Administration (DBA), 2022, Worlds Best Hospitality & Hotel Management Schools, 2022, Best Business Schools In The World For 2023, Best Fashion Schools In The World For 2022, Best Hospitality And Hotel Management Schools In The World For 2022, Best Medical Schools In The World For 2022, The Worlds Best Universities For Doctor of Business Administration (DBA), 2022, The Worlds Richest People (Top Billionaires, 2023), Wealthiest People in Australia (March 3, 2023), Wealthiest People in Austria (March 3, 2023), Wealthiest People in Brazil (March 3, 2023), Wealthiest People in Canada (March 3, 2023), Inclusion and Diversity at CEOWORLD magazine, German Larrea Mota Velasco & family: $26.2 billion, Ricardo Salinas Pliego & family: $10.9 billion, Alejandro Bailleres Gual & Siblings: $7.1 billion, Maria Asuncion Aramburuzabala & family: $6.3 billion, Juan Domingo Beckmann Legorreta & family: $4.4 billion, Antonio Del Valle Ruiz & family: $3.2 billion, Karen Virginia Beckmann Legoretta: $3.1 billion. Rhode Island is home to 1,056,298 people, ranking eighth among the states. Here are Mexico's 13 billionaires; net worths are as of March 5, 2021: #1 | Carlos Slim Hel NET WORTH: $62.8 BILLION SOURCE OF WEALTH: TELECOM RESIDENCE: MEXICO CITY Slim, whose largest asset. Dubai is also the worlds busiest international airport, with over 22 million passengers per year. [3], In December 2016, Slim's net worth was estimated to be US$48.1 billion. In 2010, the state of New Jersey had the tenth highest population density of any state in the United States, with 8,958,013 residents. 1. Hes worth an estimated $25.9 billion on this years list, up from $11 billion last year. In the video, Ray expressed gratitude for the Spanish architecture built in One of his cousins tested positive for coronavirus in early March after a trip with other Mexican moguls to Vail, Colorado; Juan Domingo Beckmann Legorreta, CEO of Jose Cuervo and son of its billionaire chairman, Juan Francisco Beckmann Vidal (worth $4.3 billion), was also among those who got sick on the trip. Stock prices had tumbled as well. Maria was born in 1963, is extremely rich, and she is gorgeous even at her age. [15], At the age of 11, Slim invested in a government savings bond, which taught him about the concept of compound interest. Read on to know The Full List of Mexico's Billionaires In 2023 - Who Are The Richest People In Mexico? According to 24/7 Wall St., which used five-year estimates of median household income from the U.S. Census Bureaus 2019 survey, Southlake, Texas, a city known for its exemplary public schools (one of which has won eight football state championships), is the richest city in. In 2018, regulators fined the company $128 million for violations of antitrust laws. A report that was released by the new company listed its assets at 3.5billion pesos (approximately US$230million), placed within 17.7million shares. Rio de Janeiro has a strong and dynamic economy that has a GDP of 190 billion US dollars, making it one of Brazils most powerful cities. He also controls department store chain Grupo Palacio de Hierro, which hasnt fared quite as well. The Most Successful Mexican Entrepreneurs. Compounded by the crippling economic effects of the coronavirus pandemic in February and March, an already tumultuous year for Latin Americas second-largest economy erased billions from the fortunes of Mexicos richest citizenswith most of the fallout happening in mere weeks. Read on Astrological Prediction for Love, Money, Career, Travel, Education and Health. But just in case you need to learn more, Read More 10 Things You Didnt Know about Austin RussellContinue. Some of their well-performing brands include El Porton, VIPs, Suburbia, Superama. The 10 richest people in Mexico are presented below. Cuenca is a stunning city in Ecuador that is well-known for its Spanish-style architecture from the late sixteenth century. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. New Hampshire is the tenth poorest state, with 1,330,608 people living. Here are Mexicos 13 billionaires; net worths are as of March 5, 2021: Slim, whose largest asset is a majority stake in pan-Latin American wireless telecom firm Amrica Mvil, was the worlds richest person for four years from 2010 to 2013. The Richest People In Mexico. The legitimate billionaires are the ones that should serve as inspiration for you to become a billionaire yourself. Leo is predicted to be the winner of the month as lots of luck will come to Leo in May 2023. His excellent managerial and administrative skills were further sharpened at Business Institute of Madrid where he earned a Masters degree. After graduating from university in 1961, Slim began his business career by starting off as a stock trader in Mexico, often working 14-hour days. 1. The richest state in Mexico is Baja California, or Baja California Norte, the country's 12th largest state. After we collected the data for all 34 places with more than 5,000 people in New Mexico, we ranked each place from 1 to 34 for each of the criteria, with 1 being the richest. It is one of the most expensive cities to visit or live in in the continent, making it an ideal place to spend time. In 2007, after having amassed a 50.1% stake in the Cigatam tobacco manufacturer, Slim sold a large portion of his equity to Philip Morris for US$1.1billion. Slims wealth is primarily derived from his telecommunications company and other businesses holdings. These states have large populations and a variety of industries that contribute to their overall wealth. Now the nation's second-richest person, after surpassing mining tycoon Germn Larrea Mota Velasco, Salinas Pliego was the only Mexican billionaire whose fortune went up over the past year. In addition, they also have a high standard of living. These are Mexicos internal factors. As of March 4, 2023, Bernard Arnault had a net worth valued at $189 billion, making him the wealthiest person As of March 3, 2023, Gina Rinehart was the wealthiest person in Australia, with an estimated net worth of 29.2 As of March 3, 2023, Georg Stumpf was thewealthiest man in Austria, with an estimated net worth of 7.9 billion As of March 3, 2023, Jorge Paulo Lemann was thewealthiest man in Brazil, with an estimated net worth of 15.9 As of March 3, 2023, David Thomson was thewealthiest man in Canada, with an estimated net worth of 54.9 billion Wealthiest People in Japan (February 20, 2023), Why Academic Freedom Should Be Encouraged in Universities, Best Universities For Doctor of Business Administration (DBA), 2022, Worlds Best Hospitality & Hotel Management Schools, 2022, The Worlds Richest People (Top Billionaires, 2023), Wealthiest People in Australia (March 3, 2023), Wealthiest People in Austria (March 3, 2023), Wealthiest People in Brazil (March 3, 2023), Wealthiest People in Canada (March 3, 2023), Inclusion and Diversity at CEOWORLD magazine, German Larrea Mota Velasco & family: $27.0 billion, Ricardo Salinas Pliego & family: $11.0 billion, Alejandro Bailleres Gual & Siblings: $7.1 billion, Maria Asuncion Aramburuzabala & family: $6.3 billion, Juan Domingo Beckmann Legorreta & family: $4.4 billion, Antonio Del Valle Ruiz & family: $3.2 billion, Karen Virginia Beckmann Legoretta: $3.1 billion. No zodiac sign is "completely unlucky" in all areas in March 2023. Fernando Chico Pardo, whose largest asset is airport operator Grupo Aeroportuario del Sureste, and brothers Jose and Francisco Jose Calderon Rojas, shareholders of Coca-Cola bottler and convenience store company FEMSA, also fell out of the rankings. Here, Read More 10 Things You Didnt Know about CEO of Knotel Amol SarvaContinue, Dara Khosrowshahi was born in Iran and migrated to the U.S. when he was 9 years old during the Iranian Revolution. [20], In August 1926, Julin Slim married Linda Hel Atta. Below are the richest people in Mexico. Carlos Slim owns Amrica Mvil (AMX), whose telecom operations reach 25 countries. How many billionaires in the Philippines? ", Forbes. Age: 82 years. [97], After stating that he had donated US$4billion of dividends to Fundacin Carlos Slim, US$2billion in 2006, and another US$2billion in 2010, Slim was ranked fifth in Forbes' World's Biggest Givers in May 2011. Juan Domingo Beckmann Legorreta ranked 6th with a personal wealth of $4.4 billion, followed by Rufino Vigil Gonzalez with $3.6 billion. To help people make the right choices, in accordance with their needs, KnowInsiders would like to list the Top 10 most famous door lock brands for your reference and comparison. "Federal Telecommunications and Broadcasting Law," Page 57. Like Roberto Hernandez, Harp Hel was also a shareholder of Mexican bank Banamex, which Citigroup purchased for some $12 billion in stock and cash in 2001. de C.V., the parent company of Jose Cuervo and other liquor brands, went public in a 2017 IPO that raised $900 million. The unemployment rate tries to capture the prospects for more people to become rich. [39] After 28 years of corporate involvement, Slim became the Honorary Lifetime Chairman of the business. [72], On July 15 2014, Forbes announced that Slim had reclaimed the position of the wealthiest person in the world, with a fortune of US$79.6billion. [21] On December 8, 2007, Grupo Carso announced that the remaining 103 CompUSA retail stores would be either liquidated or sold, bringing an end to the struggling company,[38] although the information technology division of CompUSA continued under the name Telvista with various U.S. locations in Dallas, Texas (U.S. Corporate Office) and Danville, Virginia. The Mexican peso had strengthened to about 21 pesos per dollar, and stock prices of many companies founded and run by Mexican billionaires rebounded significantly. Back then, she was worth $6.5 billion, but she is now worth $6.8 billion. He studied economics at the Instituto Tecnologico Autonoma de Mexico. Check out full list of Mexico's billionaires 2023. On March 27, Grupo Elektra said it was recording an unexpected $225 million loss on a loan made to a key U.S. client that filed for bankruptcy after failing to find cash amid coronavirus uncertainty. [3], In December 2012, according to the Bloomberg Billionaires Index, Carlos Slim Hel remained the world's richest person with an estimated net worth of US$75.5billion. [9] He later expanded his business operations and commercial activities by venturing into numerous industries across the Mexican economy including auto parts, aluminum, airlines, chemicals, tobacco, cable and wire manufacturing, paper and packaging, copper and mineral extraction, tires, cement, retail, hotels, beverage distributors, telecommunications and financial services (Slim's Grupo Financiero Inbursa sells insurance and manages mutual funds and pension plans for millions of ordinary Mexicans). He is richer than all the other Mexicans by a long shot. [33] In high school, Slim's favorite subjects were history, cosmography, and mathematics. [19][4], In 1982, the Mexican economy contracted rapidly.