Ben Ehrenreich


16 March 2011

Fat Boy Slim

Last week, for the second year running, Forbes magazine declared the Mexican telecommunications tycoon Carlos Slim Helú the richest man in the world. In 2010, Slim – who holds a near-monopoly on mobile and landline services in Mexico, and whose family fortune includes department stores, hotels, mining, chemical, oil drilling, tobacco, tyre, construction and financial services companies as well as substantial chunks of both the centre of Mexico City and the New York Times – edged past Bill Gates by $500 million. This year Slim enjoyed a more comfortable lead: in just 12 months, his net worth has swollen by more than 30 per cent to an estimated $74 billion. Gates trails behind with a measly $54 billion.