Richest Man in the World – Carlos Slim Helu

The richest man in the world, Carlos Slim Helu has positive projections for Mexico and the Latin American economy Forbes reported this past Thursday. With more than 200 different types of businesses from telecommunications, energy and tourism, the billionaire tycoon worth a whopping $53.5 billion, has taken upon himself the civic responsibility for creating additional wealth from wealth to help drive the world’s economy.

“Wealth, either public or private, should be managed with efficiency, promoting through reinvestment economic growth,” he said to Forbes.  “Managing wealth means responsibility and commitment to create more wealth and, through more employment and the generation of tax revenues, boost the distribution of the fruits–that is, of income.”

While the average income per capita is $12,000, Mr. Helu claims that Latin America’s internal and external resources, tourism, commodities, and modern industrialization will help spread wealth and raise the standard of living in the near future.