[9], In 2019, Forbes put Slim in the list of the world's most generous philanthropists outside of the US. The legitimate billionaires are the ones that should serve as inspiration for you to become a billionaire yourself. ", "If you want to be rich and powerful, majoring in STEM is a good place to start", "Billionaire Carlos Slim Listing Fifth Ave Mansion For $80 Million, Almost Two Times What He Paid", "Mexico's Carlos Slim Buys 8.4% Stake in Argentina's YPF", "Carlos Slim offers tips for making most of downturn", "Prodded by the Left, Mexico's Richest Man Talks Equity", "Carlos Slim Moves From Telecommunications Into Real Estate", "Billionaire Carlos Slim Doubles Holdings in New York Times", "Carlos Slim becomes top New York Times shareholder", "The New York Times Company Notice of 2016 Annual Meeting and Proxy Statement", "Carlos Slim Purchase Mexican Soccer Teams Sets Showdown With Television Giant", "Larry King to Launch Interview Show on Ora.tv", "Carlos Slim buys stake in Mexican soccer teams, television rights- FOX Sports on MSN", "Is This Mexico's Most Powerful Man in Music? 2, $27.0 billion),Ricardo Salinas Pliego (No. Carlos holds a Bachelors degree in Science and Arts. I'm an editor overseeing Forbes' coverage of the world's wealthiest. Upon formation of the company, Slim remained sanguine about the company's future potential and Mexico's burgeoning energy sector where the state monopoly ceased to exist. Knowinsiders.com's latest ranking: Top best hospitals, largest hospitals in countries around the world for citizens and visitors in the US, UK, Canada, Australia, New Zealand, India, etc. This billionaire was recently richer than everyone else on earth, and he is now the third richest person globally. Slim has been involved with broadcasting sports outside Mexico to larger markets such as the United States. Today, amid the pandemic, it sits empty. How many billionaires in this African country? prerequisite learning and attitude adjustment. [68] It was the first time in 16 years that the person on top of the list was not from the United States. In 1980, he consolidated his business interests by forming Grupo Galas as the parent company of a conglomerate that had interests in industrial manufacturing, construction, mining, retail, food, and tobacco. ], In 1911, Julin established a dry goods retail store, La Estrella de Oriente (The Star of the Orient). Benjamin Graham was an influential investor who is regarded as the father of value investing. Mara Asuncin Aramburuzabala, who inherited a stake. [1][80] In May 2015, he listed the property for sale at $80 million, nearly twice what he had paid. ", Reuters. Gonda de Rivera fell off the list this year after recent stock exchange filings showed that her FEMSA stake is now shared with at least 16 other family members. In 1966, worth US$40million,[24][26] he established Inmuebles Carso, a real estate agency and holding company. There are so many safe, leafy, and cool neighborhoods in Guadalajara, unlike other areas where ex-pats congregate, that expats are dispersed throughout the city in clusters of eight or nine more affluent areas, such as Providencia, Chapalita, Zapopan, and Chapepec. [3] On 16 May 2013, Bloomberg L.P. ranked Slim the second-richest person in the world, after Bill Gates. [70] Between 2008 and 2010, Slim more than doubled his net worth from $35 to $75billion. Carlos Slim Hel (Spanish pronunciation: [kalos ezlin elu]; born 28 January 1940) is a Mexican business magnate, investor, and philanthropist. With 19 billionaires, Malaysia's richest people have power in sectors of strength. She is one of the famous businesswomen in Mexico. [52], In January 2015, Grupo Carso publicly launched Claro Musica, an online music service that is a Latin American equivalent of iTunes and Spotify. Though Becle's Mexico-listed stock edged up over the past year, the peso's fall against the U.S. dollar kept Beckmanns net worth flat with 2019. Bill Vix writes blogs, articles, and website content for clients who want the facts presented in a way that is digestible to their target audience. Her husband is the one who owned a 27 percent stake in FEMSA, and Eva now manages the beverage company with the help of her son-in-law, who acts as the company CEO. Aramburuzabala has led the company to make investments in construction, telecommunications, and the internet. You may opt-out by. She successfully pursued a Bachelors degree in Arts and Science. They are not only beautiful but also confidently complete all tasks. He came out of the richest man alive slot in 2013, after 3 years, because of Mexican regulation revisions. Arango and his brothers, Manuel and Plcido, sold their retail chain to Walmart in 1997 for a reported $1.2 billion in cash, also nabbing a stake in Walmart de Mexico. Popular Stories Right now. He has said he has no interest in becoming the world's richest person. Here are that country's top five wealthiest individuals, along with itemized descriptions of their net worths, their wealth rankings in Mexico, their global wealth rankings, plus descriptions of the sectors in which they earned or inherited their astonishing fortunes. Mexico City offers a wide variety of cultural attractions, as well as a bustling nightlife scene. The television company was already the biggest in Mexico before Jean took it over, and hes had plenty of time to rack up his net worth over the years. The article said, "While the market value of his stake in publicly traded companies could decline at any time, at the moment he is probably wealthier than Bill Gates". Juan Domingo Beckmann Legorreta ranked 6th with a personal wealth of $3.8 billion, followed by Rufino Vigil Gonzalez with $3.3 billion. Buenos Aires and Sao Paulo are far superior cities in terms of cosmopolitanism, influence, and quality of life, but Uruguays Montevideo is one of the most influential cities in the country. The full list will be published in Forbes 's upcoming print edition. [20], In February 2011, Julian, the oldest brother of Carlos, died aged 74. The Full List of South African Billionaires In 2023 - Who Are The Richest People In South Africa? The point is you have to recognize and grasp. 3, $11.0 billion); and Alejandro Bailleres Gual (No. The Richest People In Mexico. The coronavirus-induced market crash in March pushed shares of Orbia, which changed its name from Mexichem in September, down to half their value vs. last year's billionaires list. Ricardo Salinas Pliego owns financing company Grupo Elektra and conglomerate Grupo Salinas, which boasts holdings in television, telecommunications, retail, and banking. The countrys billionaire ranks swelled by one since last year to 13 list members, while their combined net worth rose by nearly a third to $136.1 billion (up from $103 billion). "Forbes World's Billionaires List - The Richest in 2021. [69] It was also the first time the person at the top of the list was from an emerging economy. [54], Slim's father, Khalil Salim Haddad Aglamaz, was born on 17 July 1888[55] in Jezzine, Lebanon (then part of the Ottoman Empire). [44], In March 2012, Slim, along with American television host Larry King, established Ora TV, an on-demand digital television network that produces and distributes television shows including Larry King Now, Politicking with Larry King, Recessionista, and Jesse Ventura Uncensored. Best known for co-founding Google, American business magnate Larry Page is the eighth-richest person in the world in 2023 with a wealth of $84.7 billion (Rs 7 lakh 92 thousand crore), according to . Large businesses and wealthy individuals exist in Mexico, particularly in larger cities. At $52.1 billion, Slim's net worth is still more than every other Mexican billionaire combined, but the impact of the virus has been palpable for Slim. On the other hand, the richest one percent held an average wealth of 2.91 million euros in this Latin American country. In addition to the coastal areas, the city of Mexico City is also a popular destination for the rich and famous. Despite the impact of depressed consumer spending, a stronger Mexican peso helped compensate for his losses, resulting in a net worth increase of $1.25 billion by 2020. In 2018, regulators fined the company $128 million for violations of antitrust laws. Joe Raedle/Getty Images. The Mexican steel barons fortune is up $500 million from a year ago after a rebound in the share price of two steel listed companies in which he owns shares: Industrias CH and Grupo Simec. The Mexican steel baron's net worth, which is mostly composed of his holdings in two steel companies, fell slightly from $1.3 billion due to continuing headwinds for the Mexican steel industry. [45], In September 2012, Slim bought 30% stakes in Pachuca and Len, two Mexican soccer teams through his telecommunications company America Movil. Carlos Slim Helu lives in Distrito Federal. [86] Two years after Slim's failed bid to take over the company, mainly due to political intervention and Slim's paucity of interest in purchasing the company, Slim's America Movil SAB began offering 2.25billion euros. Others made their fortunes in mining, finance, and retail. Today his holdings span industries that include hospitality, athletic wear and flooring. His father died early, and he took over the company at only 28 years of age. [7], In March 2011, Forbes stated that Slim had maintained his position as the wealthiest person in the world, with his fortune estimated at US$74billion. Initially started by his late father, the family empire now includes a basket of publicly traded stocks that includes stakes in department store chain Palacio de Hierro, insurance company Grupo Nacional Provincial and pension fund manager Grupo Profuturo. In 1999, Slim began expanding his business interests beyond Latin America. The supermarket chain, Aurrera, changed the brothers lives entirely. Though it remains Mexico's fourth-largest fortune, the $6.4 billion amassed by Bailleres Gonzalez marks a $1 billion drop from last year, as shares of Industrias Peoles, Mexicos second-largest mining company, tanked nearly 50%. She, with her mother and sister, inherited a stake in beer giant Grupo Modelo by her father. [20] By 1921, he had begun investing in real estate in the flourishing commercial district of Mexico City where Julin acquired prime Mexican real estate at fire sale prices and in the Zocalo District during the 191017 Mexican Revolution. He got nearly $500 million in 2017 when he sold his Grupo Financiero Interacciones to Grupo Banorte, the Monterrey-based bank founded by his wifes father, the late billionaire Roberto Gonzalez Barrera (d. 2012). Karen Virginia Beckmann Legoretta ($3.1 billion) occupied the 9th position among the top 10wealthiest people in Mexico. Thomas' experience gives him expertise in a variety of areas including investments, retirement, insurance, and financial planning. [19] Slim has six children: Carlos, Marco Antonio, Patrick, Soumaya, Vanessa, and Johanna. "Largest Mexican Companies by Market Cap. Its not only a drop in equities that caused broad decreases among Mexican fortunes. In New Mexico that person is Mack C. Chase with a net worth of $650 . I don't want to live thinking about how I'll be remembered [by Mexican people]," claiming indifference about his position on Forbes list of the world's richest people. This site uses Akismet to reduce spam. [46] Slim has also completed business deals for the television rights to games of the Leon soccer team. Like Roberto Hernandez, Harp Hel was also a shareholder of Mexican bank Banamex, which Citigroup purchased for some $12 billion in stock and cash in 2001. Also excluded -- but noted in the accompanying story -- are carpetbaggers like media baron Ted Turner, the state's largest individual landowner. When Forbes calculated fortunes for the list on March 18, 2020, the Mexican peso was at its weakest point ever compared to the U.S. dollar, with $1 trading for close to 24 pesos. Maria Asuncion is currently the second richest woman in Mexico. In the rise of his wealth, the Business magnate has engaged in the formation of several companies. Just 12 billionaires from Mexico land on Forbes' 2020 ranking of the World's Billionairesfive fewer than in 2019. 1. Maloof Brothers lives in New Mexico. Labor representatives boycotted attending the OIAG supervisory board meeting for 12 hours criticizing lack of explicit job guarantees. Arnault, the wealthiest person in France and one of the wealthiest in the world, is Chair and CEO of LVMH, the world's largest luxury conglomerate. As of February 2023, the richest person in Mexico is Carlos Slim Helu. [21] On December 8, 2007, Grupo Carso announced that the remaining 103 CompUSA retail stores would be either liquidated or sold, bringing an end to the struggling company,[38] although the information technology division of CompUSA continued under the name Telvista with various U.S. locations in Dallas, Texas (U.S. Corporate Office) and Danville, Virginia. Beckmann Vidal, a descendant of Don Jose Antonio de Cuervo, owns the majority of Jose Cuervo tequila maker Becle. Mexico is home to thirteen of the world's 2,755 billionaires, as measured in U.S. dollars. Maria Asuncion Aramburuzabala. Somewhere, at some point, luck will suddenly come to you. Mexico's GDP as of 2020 was $1.07 trillion; whereas Spain's was $1.28 trillion, making Spain, in that sense, richer than Mexico. Best Medical Schools In The World For 2022. When he started his entrepreneurial drive, he benefited from his fathers lessons in accounting, finance and management. He taught algebra in a Mexican University before going into the telecom business. The Maldives, a remote, untouched island country in the Indian Ocean, has so much to offer that it is difficult to imagine how it could be exploited. Juan Domingo Beckmann Legorreta ranked 6th with a personal wealth of $4.4 billion, followed by Rufino Vigil Gonzalez with $3.6 billion. For that he can thank his familys nearly 75% stake in appliance retailer and lender Grupo Elektra. Maria Asuncion is the first woman in the list of the wealthiest people in Mexico with the net worth of $5.6 Billion. If more people are employed, the richer the future looks. Eva was priceless to the late Eugenio Gara LAguera because of her insights and counsel. Linda, of Lebanese ancestry, was born in Parral, Chihuahua. We try to rank the list base on based on Youtube subscribers, enrollment, figures of students etc. These cities are home to some of the most wealthy and influential people in the world, and offer a wide variety of luxury goods and services. [34] Much of the rationale behind Slim's international commercial expansion beyond Mexico was due to a running joke in Mexican business circles where "there was nothing left to acquire in Mexico. The median home value in California is $449,100, making it difficult for those with an average income to afford a home. The unemployment rate tries to capture the prospects for more people to become rich. Slim spoke quite positively about the meeting. [15], At the age of 11, Slim invested in a government savings bond, which taught him about the concept of compound interest. Sanborn's, the Mexican retail department store chain owned by Slim controls a majority stake in Mixup, Mexico's most successful retail music store that comprises a chain 117-store Mexican retailers Mixup also generated more than US$320million in revenue in 2014. He was forced to sell assets in both markets after the government made it illegal for any company to own more than 50 percent of the share market in any of those two markets. Promotora plans to use the funds to ramp up energy and infrastructure investments across the country. As of February 20, 2023, Carlos Slim Helu was the wealthiest man in Mexico, with an estimated net worth of 90.7 billion U.S. dollars, followed by German Larrea Mota Velasco (No. Some of his most profitable companies include: Antonios most profitable financial move was selling his stakes at different banks to buy controlling shares at Mexichem. Julin senior died in 1953, when Carlos was 13 years old. Amrica Mvil once commanded an 80% share of the landline market and a 70% share of the mobile market in Mexico. [39] After 28 years of corporate involvement, Slim became the Honorary Lifetime Chairman of the business. Alberto Baillres owns Grupo BAL, an enormous conglomerate that includes Peoles, a major mining company, and El Palacio de Hierro, an upscale chain of department stores. The villas have a dedicated butler who provides them with personalized service. [30][32] By 2006, Telmex controlled and operated 90 percent of the telephone lines in Mexico, and his wireless telecommunications company, Telcel, which was created out of the Radiomvil Dipsa company,[19] operated almost 80 percent of all the country's cellphones. His three older sons serve in key positions in the companies controlled by Slim where most are involved in the day-to-day running of Slim's business empire. The son of late politician Carlos Hank Gonzalez is invested in construction, tourism, energy and more. Concurrently, Telmex also spun off its international cellular phone division for a $15 billion listing of America Movil SA on the New York Stock Exchange. [48], In March 2015, Slim made his presence known in the Spanish business scene by buying stakes in various troubled Spanish companies while perusing potential acquisitions across Europe. He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. After that, Maria got a lucrative job serving as Anheuser-Busch InBevs board member. Furthermore, there is no income tax in the city, as well as a low tax rate. She has a long and successful history, Read More 10 Things You Didnt Know About Kim ReynoldsContinue, In 2015, Rahul Garg took the bold step of resigning from Google Asia to establish Moglix, a B2B platform. America Movil now controls a 21.1 percent stake of KPN with a market value of 3.1billion euros as of 20 May 2015. Mexican Rich List 2021 [ edit] Carlos Slim - US$62.8 billion - Telmex, Inbursa, Amrica Mvil, Grupo Carso and Telcel Germn Larrea Mota-Velasco - US$25.9 billion - Grupo Mxico Ricardo Salinas Pliego - US$12.9 billion - Grupo Salinas Alejandro Baillres - US$9.2 billion - Peoles and Palacio de Hierro Maria was born in Mexico in 1963 and got her bachelor's degree in arts and sciences. Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. Slim's investment company, Inmobiliaria Carso, announced it will buy a stake in the Spanish bank, Bankia, which couples with Slim's other purchase of Realia, a Spanish real estate company, where Slim is the second largest shareholder holding a 25% equity stake, behind Fomento de Construcciones y Contratas, a Spanish construction company where Slim is also an active minor shareholder. [43], In 2012, Slim sold the broadcast rights for the Leon games to the American terrestrial television network, Telemundo, and the cable channel Fox Sports in Mexico and the rest of Latin America and to the website mediotiempo.com. Mexicos economy has suffered some setbacks due to the general global economic slowdown. German Larrea Mota Velasco, Carlos Slim Helu and Ricardo B. Salinas Pliego. In March 2012, Amrica Mvil acquired the broadcast rights for the Olympic Games in Sochi 2014 and the Brazil 2016 for Latin America. [4][9] By 1922, Julin's net worth reached $1,012,258 pesos, diversified among various assets including real estate, privately-controlled businesses and stocks. Explore The Unique Culture And Nightlife Of Tijuana With A Stay At These Boutique Hotels! The following are ten of Mexico's richest men in 2019. She's a California native who grew up in the Central Valley. ", Forbes. His father, however, was detained by Iranian authorities for 6 years, which meant that, Read More 10 Things You Didnt Know about Dara KhosrowshahiContinue, Kim Reynolds is the 43rd governor of the state of Iowa. Meanwhile, the bottom 50 percent had a total of -0.2 percent, which means that, on average . Though the bulk of his holdings remained in Mexico, he began targeting the United States for foreign investments. Germn Larrea Mota Velasco 3. Most of the people living in Sonora are employed in the industry and tourism sector. Baillres also serves on the board of Fomento Econmico Mexicano, S.A.B. With over 10 years of professional writing experience, his ultimate goal is to simply and effectively communicate useful information using the most technologically relevant methods. They are often used for racing, working in the fields, herding sheep or pulling carts. Here are Mexicos 13 billionaires; net worths are as of March 5, 2021: Slim, whose largest asset is a majority stake in pan-Latin American wireless telecom firm Amrica Mvil, was the worlds richest person for four years from 2010 to 2013. California, New York, and Texas are typically considered to be the richest states in the nation due to the size and scope of their economies. [3], In 2017, his net worth was reported to be $54.5 billion. His real estate holding company, Inmobiliaria Carso has developed, invested, owned and operated many residential and commercial real estate properties across Mexico since the 1960s. [3], In December 2016, Slim's net worth was estimated to be US$48.1 billion. Based on MasterCMS Ultimate Edition v2.9 2020, Top 10 Most Beautiful Mexican Actresses - Updated, Top 8 Most Handsome Men in Mexico - Updated. As a result of Slims investments, Mexico has surpassed the United States as the countrys second largest export market and third largest source of imports. Slim made headlines within the American business scene in 2003 when he began purchasing large stakes in a number of major US retailers such as Barnes & Noble, OfficeMax, Office Depot, Circuit City, Borders, and CompUSA. Most of his fortune lies in his stake in Grupo Elektra, a publicly-traded home appliances retailer that targets lower middle class consumers who borrow money from his banking arm, Banco Azteca, to buy items like refrigerators and TVs. The minimum wage in Mexico increased to $141.70 pesos per day on January 1, 2021. Slim has been slowly decreasing his holdings since he was forced to withdraw a 7.2-billion-euro bid for the Dutch phone line carrier in 2013 after negotiations collapsed. He is richer than all the other Mexicans by a long shot. Lisa is also an editor on the Breaking News desk and oversees stories of national significance. The legitimate billionaires are seemingly coming back to financial growth. This changed in the wake of new Mexican laws forbidding companies from monopolizing more than 50% of either subsector. The wealthiest people in Mexico live in the capital city of Mexico City, as well as in the surrounding metropolitan area. America Movil will spend as much as US$2billion to buy out minority shareholders in a mandatory public offer and invest up to 1billion euros (US$1.38billion) into the company, which it sees as "platform for expansion into central and eastern Europe". Apartments in this city typically cost at least $1,000 per month, with food and entertainment accounting for another $300. In New York City, there are 3 trillion dollars in private wealth. The richest people in Mexico. In the sky-high capital of Colombia, Bogota, there is a high median income as well as a relatively high cost of living. Sao Paulo, Brazil, has the largest economy in the Southern Hemisphere and is the countrys largest city. [47][48], In July 2013, Slim's company America Movil invested US$40million in Shazam, a British commercial mobile phone-based music identification service for an undisclosed share of ownership. Germn Larrea Mota Velasco is the Chairman and CEO of Grupo Mxico S.A.B. As a result, it has the second lowest poverty rate of any state, with a rate of just 9.7 percent. 2. Top 4 richest men in Mexico 1. His father started the family mining empire, and Alberto steered it into mega profitability and growth. This 80-year old Mexican is a self-made billionaire. [94], In 1995, Slim established Fundacin Telmex, a broad-ranging philanthropic foundation, which as he announced in 2007 had been provided with an asset base of US$4billion to establish Carso Institutes for Health, Sports and Education. The island is visible from the BBCs The Millionaires Holiday Club. His business acumen is exemplary, but an underperforming Mexican economy has hindered his financial growth. But just in case you need to learn more, Read More 10 Things You Didnt Know about Austin RussellContinue. And that is true in Mexico as well. However, he had acquired enough prerequisite learning and attitude adjustment. Dubai has become one of the worlds wealthiest cities, owing in part to its status as a free market state. Maria Asuncion Aramburuzabala is the fifth-richest person in Mexico, with a whopping $6.3 billion. 4, $6.2 billion). This compensation may impact how and where listings appear. Carlos Slim is worth at least $43.6 billion, making him the richest person in Mexico. [78] His real estate company constructured Plaza Carso in Mexico City, where most of his business ventures share a common headquarters address. Reach her at info@ceoworld.biz. When asked to explain his sudden increase in wealth at a press conference soon after Forbes annual rankings were published, he said, "The stock market goes up and down", and noted that his fortune could quickly drop. Many of them are eager to avoid New Mexico's relatively high taxes on personal income and gross service business receipts, anyway. Age: 82 years. Mexico is home to a dozen of billionaires with huget assets in various fields. Germn Larrea Mota Velasco is the Chairman and CEO of Grupo Mxico S.A.B. Carlos Slim Hel (interests in the telecommunications, industrial . In the following year, Slim bought the Mexican arm of Sears Roebuck.[19][17]. Reuters. Celebrity jet-setters, championship golfers, US party boys and girls, families, and anyone interested in living luxuriously along the Pacific Ocean are just a few of the celebrities who call Cabo San Lucas home. The richest state in Mexico is Baja California, or Baja California Norte, the country's 12th largest state. [33], Amrica Telecom, the holding company for Amrica Mvil, was incorporated in 2000. Among her interests were various philanthropic projects. Rhode Island is home to 1,056,298 people, ranking eighth among the states. He successfully pursued an engineering degree from the Universidad National Autonoma de Mexico. At the age of 32 years, Arango did not know he could be Mexicos seventh-richest person. [4][9][28][29] Much of Slim's business dealings involved a simple strategy, which entails buying a business and retaining it for its cash flow, or eventually selling the stake at a greater profit in future, thereby netting the capital gains as well as reinvesting the initial principal into a new business. We present a list of the top ten wealthiest cities in Mexico, including Guadalajara, Monterrey, and Tizayuca. The offers that appear in this table are from partnerships from which Investopedia receives compensation. A weaker Mexican peso and a slide in the shares of Slims biggest holding, telecom giant Amrica Mvil, pushed his net worth down $12 billion compared to 2019. He is notable because he is someone in his 20s who has nonetheless managed to become a billionaire. It was Slim's first successful business acquisition in Europe. 1. The Full List of Malaysian Billionaires In 2023 - Who Are The Richest People In Malaysia? The Mexican Congress. [19] Grupo Carso also acquired majority ownership of Porcelanite, a tile making company in 1990. 1.Carlos slim Helu & family: $81.5 billion, 2.German Larrea Mota Velasco & family: $22.4 billion, 3.Ricardo Salinas Pliego & family: $11.7 billion, 4.Alejandro Bailleres Gual & Siblings: $6.8 billion, 5.Maria Asuncion Aramburuzabala & family: $6.2 billion, 6.Juan Domingo Beckmann Legorreta & family: $4.0 billion, 8.Antonio Del Valle Ruiz & family: $2.9 billion, 10.Karen Virginia Beckmann Legoretta: $2.8 billion, 12.Roberto Hernandez Ramirez: $1.9 billion, 13.Alfredo Harp Helu & family: $1.4 billion. 2023 Tour By Mexico. Since then, up to this day Maria Asuncion serves on the board of the company Anheuser-Busch InBev. According to the Bloomberg Billionaires Index, Slims wealth increased by $7.2 billion to $78.2 billion as of June 2022, making him the richest man in Latin America. Guadalajara is one of the bigger cities in Mexico, population-wise, and one of the richest cities in the country. Arango even bought into Walmart. [19] Slim increased his stake to 8% by 2012. Unemployment rates in Virginia are estimated to be at 4% while poverty rates are estimated to be at 11.1%. With his conglomerate Grupo Carso, he acquired Telmex, a landline telephone operator from the Mexican government. The Full List of German Billionaires In 2023 - Who Are The Richest People In Germany? Chile, according to official statistics, is the richest country in South America, with extremely high living standards as well as an economically prosperous economy. The Mexican peso had strengthened to about 21 pesos per dollar, and stock prices of many companies founded and run by Mexican billionaires rebounded significantly. NEW MEXICO (KRQE) - Forbes 35th annual billionaire list says a New Mexico . [1], In May 2014, Slim opened Inbursa Aquarium, Latin America's largest aquarium. The Mexican peso had fallen to 24 pesos per U.S. dollar, a 25% drop measured from the beginning of 2020. Telvista has five centers in Mexico (three in Tijuana, one center in Mexicali, and one in Mxico City). Alejandro Bailleres Gual is the fifth-richest person in Mexico, with a whopping $5.7 billion. Who is the richest man in Sout Africa? Some of the most popular and well-known wealthiest cities include London, New York, Paris, and Dubai. Just like the two richest women in Mexico, he holds a Bachelors degree in Arts and Science. Chile is known for its cultural and historical diversity, as well as its economic wealth. Amrica Mvil, Latin America's largest telecommunications company, is owned by the Helu family.