WARREN BUFFETT Quote : Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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Thursday, February 3, 2011

Carlos Slim Gets Richer as Mining, Mobile Beats Gates, Buffett

Feb. 2 (Bloomberg) -- Carlos Slim’s Mexican holdings from mining to communications helped him beat Bill Gates and Warren Buffett on the stock market for the second straight year, and gains in 2011 may widen his lead atop the global wealth list. Slim’s publicly disclosed holdings surged about 37 percent to $70 billion in 2010, with wireless carrier America Movil SAB representing $48.9 billion of that wealth, according to data compiled by Bloomberg. Bloomberg's Erik Schatzker reports in today's Movers & Shakers. (Source: Bloomberg)

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