Word: gateses
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As Harvard’s inaugural advising week wraps up, concentration-hopping freshmen may have noticed a trend among departments starving for concentrators (and attention). In fact, with East Asian Studies doling out sushi, Computer Sciences offering ice cream, and various concentrations stuffing prospects with stuffed-crust pizza, itâ?...
All of which explains why few Mexicans were doing hat dances this week when Forbes announced that Slim, 67, had suddenly passed U.S. investment wizard Warren Buffett ($52 billion) as the world's second-richest person - and may well topple Gates as Numero Uno by the time next year's...
Microsoft boss Bill Gates, the world's richest man with $56 billion, and Mexican billionaire Carlos Slim Helu, who is now No. 2 with $53 billion, have one thing in common besides cool private jets. They owe their fortunes to near monopoly control of their respective markets.
But while U.S. authorities have thwarted Gates' subjugation of the PC software business in recent years, Mexico has done precious little to rein in ubiquitous business empires like Slim's - which today accounts for almost half the Mexican stock exchange's $370 billion value and controls a horde of industries...
To his credit, Slim, a widely respected figure and the son of a Lebanese immigrant, seems to be acknowledging the problem. He has accepted, for example, a rare move by Mexico's Federal Competition Commission to block Telmex from expanding into cable television until it allows all competitors to be...