MP News Staff

Mexican multi-billionaire, Carlos Slim, has surpassed Bill Gates as the world’s richest man, according to some sources who track such things (Forbes isn’t in agreement). Slim, the son of Lebanese parents who immigrated to Mexico where Carlos was born in 1940, controls a long list of companies that include America Movil, Telemex, Telcel and Grupo Carso which owns CompUSA.

Slim has been often criticized by many for his monopolistic business practices and for not doing enough to help the country of his birth, where roughly one-half of the people live on less than $5.00 per day. Slim counters this perception by recently stating that his charitable foundations will build 100 schools in poor regoins of Mexico that will stress a digital education. http://business.guardian.co.uk/story/0,,2117330,00.html