What the… Bill Gates Drops To Number 2
Jul 5th, 2007 by Pottz
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As we all know by now, Bill Gates is apparently no longer the world’s richest person. His wealth, estimated currently at $59.2 billion, has been surpassed by that of Mexican tycoon Carlos Slim. Slim, the son of a Lebanese immigrant, runs businesses in a number of industries from Mexico City. Stock in his wireless company, American Movil, recently surged in price by 27%, boosting his net worth to $67.8 billion. Last April Slim passed Warren Buffet, who had long held down the number 2 spot. In this audio Bill Gates says he won’t care when he is no longer number 1.
A 26 percent growth rate for a world company like America Movil, that’s hard to top for one quarter in any one’s language.
Gates has put a total of more than $30 billion into the Bill & Melinda Gates Foundation, reducing his personal net worth so in my book that makes him the good guy!
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