Mexican telecom mogul worth billions

March 9, 2007 at 7:12 PM

MEXICO CITY, March 9 (UPI) -- Mexican telcom mogul Carlos Slim Helu is worth an estimated $49 billion, The Los Angeles Times reported citing a Forbes magazine survey.

Silm's worth jumped $19 billion since the last survey in 2006, making it the greatest one-year gain by a billionaire in a decade. In addition to providing the country's leading phone and Internet service, his holdings also include a tobacco company and an airline.

"It's virtually cradle to grave. It's Slimlandia," said George Grayson, a Mexico expert at the College of William and Mary in Virginia. "You are engulfed by Slim in Mexico."

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