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Richest men cry on Stock market crash
By siliconindia
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Tuesday, 09 August 2011, 23:21 IST |
6 Comments
2. Carlos Slim:
Carlos Slim, the world's richest man, lost about $6.7 billion in the last week. The Mexican billionaire's stock portfolio, measured in U.S. dollars, has dropped about 9.5 percent since July 29 and is valued at about $64.4 billion, according to data compiled by Bloomberg. The drop in Slim's portfolio has also affected the Mexico's benchmark IPC index. The U.S. economy has taken worldwide indexes in its whirl as it is hurting its southern you can see it has taken its southern counter part as well. America Movil SAB, the biggest wireless carrier in U.S. which is Slim's largest asset, has declined a relatively 6 percent this week.
