Mexican businessman Carlos Slim
Photograph by Chris Hondros—Getty Images
By Ben Geier
December 22, 2015

Carlos Slim had the worst year of anyone on Bloomberg’s list of the world’s 400 richest people.

The Mexican mogul lost a whopping $20 billion in wealth this year, Bloomberg reports, mostly due to a decrease in value of his shares in telecom company America Movil SAB.

Slim isn’t going to be heading to the poor line anytime soon though; his net worth is still $52.8 billion.

Bloomberg notes that the $20 billion decrease is approximately equal to the size of the economy of Honduras.

In June, Slim scraped a project with Donald Trump. A television company Slim owns cut ties with the real estate mogul and GOP contender for President after he made derogatory comments toward Mexicans.

SPONSORED FINANCIAL CONTENT

You May Like

EDIT POST