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."

Related UPI Stories
Latest Headlines
Trending Stories
House Majority Leader Kevin McCarthy drops bid for speaker
WikiLeaks offering $50K for video of Afghan hospital bombing
Murdoch sorry for implying Obama's not a 'real black president'
Reid sues exercise companies over eye injury
Lumber Liquidators to pay $10M in DOJ settlement