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[81], Slim's growing wealth has been a subject of controversy, because it has been amassed in a developing country where average per capita income does not surpass US$14,500 a year, and nearly 17% of the population lives in poverty. [19][4], In 1982, the Mexican economy contracted rapidly. He purchased all or a sizeable percentage of numerous Mexican businesses at significant discounts, including Empresas Frisco, a mining concessionary and chemical maker, Industrias Nacobre, a copper manufacturer, Reynolds Aluminio, a Mexican aluminum concern, Compaa Hulera Euzkadi (Mexico's largest tire maker), and Bimex hotels, a hotel chain. 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. Pliegos fortunes suffered due to depressed consumer spending, but a stronger Mexican peso, nonetheless, increased his net worth by $1.2 billion in 2020. Forbes. Some of their well-performing brands include El Porton, VIPs, Suburbia, Superama. They didnt stop there; they started acquiring other retailing franchises under the family company banner: CIFRA. Slim's estimated fortune soared to US$59billion, based on the value of his public holdings at the end of July. The Full List of Malaysian Billionaires In 2023 - Who Are The Richest People In Malaysia? She, with her mother and sister, inherited a stake in beer giant Grupo Modelo by her father. The Mexican Congress. Last year marked the opening of Harp Hel's eponymous baseball stadium, the nation's second-largest at 20,000 seats, in Mexico City. However, she is not self-made; she inherited stakes in FEMSA. ", "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?