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the world's richest man is a Mexican?

 
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mack4289



Joined: 06 Dec 2006

PostPosted: Mon Aug 27, 2007 10:40 pm    Post subject: the world's richest man is a Mexican? Reply with quote

http://www.iht.com/articles/2007/08/27/opinion/edporter.php

"Earlier this month, Fortune reported that Carlos Slim Helu, a Mexican, had just surpassed Bill Gates to become the world's richest man, with a fortune worth $59 billion.

To put it in perspective, Slim's treasure is equivalent to slightly less than 7 percent of Mexico's total production of goods and services - one out of every 14 dollars' worth of stuff made by all the people in the country.

The income distribution in the United States may be fast approaching Mexican levels of inequality, but in relative terms, Gates isn't even in Slim's league. His $58 billion fortune is less than 0.5 percent of the nation's GDP.

Indeed, by this measure, Slim is richer even than the robber barons of the gilded age. John D. Rockefeller was worth the equivalent of about 1.5 percent of the nation's GDP.

It takes about nine of the captains of industry and finance of the 19th and early 20th centuries - Rockefeller, Cornelius Vanderbilt, John J. Astor, Andrew Carnegie, Alexander Stewart, Frederick Weyerhaeuser, Jay Gould and Marshall Field - to replicate the footprint that Slim has left on Mexico."
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