Carlos Slim Helu, World's Second Richest Man

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Slim gained notoriety when he led a group of investors that included France T茅l茅com and Southwestern Bell Corporation in buying Telmex and Telnor from the Mexican government in 1990 in a public tender during the presidency of Carlos Salinas. Today, ninety percent of the telephone lines in Mexico are operated by Telmex.
Slim was once MCI's largest shareholder, with 13% ownership. On April 11, 2005, The Wall Street Journal announced that he had sold his stake in MCI to Verizon Communications of the United States.
On 10 September 2008 Slim announced that he had purchased a 6.4% common-stock stake in The New York Times Company, making him the largest shareholder not related to the company's owners, the Sulzberger family.

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