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Redefining the Richest Man in the World

As of July 5th, 2013, the Richest man in the world is Bill Gates at $71.3 Billion. The second richest is Carlos Slim at $66.3 Billion, followed by Warren Buffett at $61.4 Billion.

However, if we were to reunite the Walton family wealth, of Walmart fame, we would find the following: Christy Walton, $36.9 Billion; Jim Walton, $35.4 Billion; Rob Walton, $34.5 Billion; Alice Walton, $33.9 Billion, for a total of $140.7 Billion. We can see that Sam Walton created quite the family dynasty when the 9 to 12 spots of the Top Billionaires in the world are directly related to his dream.

Who Is the Richest Person in the World? Carlos Slim on International Philanthropy (2007)

Who Is the Richest Person in the World? Carlos Slim on International Philanthropy (2007)

Carlos Slim Helú (born January 28, 1940) is a Mexican business magnate, investor, and philanthropist. Slim has been ranked by Forbes as the richest person in the world since 2010. His extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso, SA de CV, have amassed interests in the fields of communications, technology, retailing, and finance. Presently he is the chairman and chief executive of telecommunications companies Telmex and América Móvil.

América Móvil, which in 2010 was Latin America’s largest mobile-phone carrier, accounted for around US$49 billion of Slim’s wealth by the end of 2010. His corporate holdings as of March 2013 have been estimated at US$73 billion.

In 1995 he established Fundación Telmex, a broad-ranging philanthropic foundation. This followed the creation of his eponymous non-profit philanthropic foundation, Fundación Carlos Slim Helú in 1986. In 2007 Slim announced that the latter body had been provided with an asset base of $4 billion and that it would be establishing Carso Institutes for Health, Sports and Education. Furthermore, it was to work in support of an initiative of Bill Clinton to aid the people of Latin America. Because Mexican foundations are not required to publish their financial information, it is not possible to confirm Slim’s claims of charitable giving through a public source.

Among the activities of Fundación Telmex has been the organisation of Copa Telmex, an amateur sports tournament which in 2007 was recognised by Guinness World Records as having the most participants of any such tournament in the world, a record which it extended in 2008. Together with Fundación Carlos Slim Helú, this organisation announced in the same year that it was to invest more than $250 million in Mexican sports programmes, from grass-roots level to Olympic standard.

The Fundación Carlos Slim Helú sponsors the Museo Soumaya in Mexico City which contains the world’s second-largest (and largest private) collection of Rodin sculptures, including The Kiss. Named after Slim’s late wife, Soumaya Domit, the Museo Soumaya holds 66,000 pieces, including religious relics, works by Leonardo Da Vinci, Pablo Picasso, Pierre-Auguste Renoir, and coins from the viceroys of Spain. In particular, the museum holds the largest Dalí collection in Latin America. It was inaugurated in 2011 by the President of Mexico, Nobel Prize laureates and other celebrities.

In 2000, Slim, along with ex-broadcaster Jacobo Zabludowsky organized the Fundación del Centro Histórico de la Ciudad de México A.C. (Mexico City Historic Downtown Foundation), with the objective to revitalizing and rescuing Mexico City’s historic downtown area to enable more people to live, work and find entertainment there. He has been Chairman of the Council for the Restoration of the Historic Downtown of Mexico City since 2001.

In 2011 he, along with the President of Mexico, Mexico City Mayor and Mexico City Archbishop, inaugurated the first phase of Plaza Mariana close to Basilica de Guadalupe. The complex, whose construction was funded by Slim, includes an evangelization center, museum, columbarium, health center, market and parking lot.

In May 2011, Slim was mentioned in Forbes’ World’s Biggest Givers after donating $4 billion to his foundation.