Who is the world's richest?

| September 7, 2007
On 8th August 2007, Fortune magazine reported that Carlos Slim had overtaken Bill Gates as the world's richest man. Carlos Slim's estimated fortune soared to US$59 billion, based on the value of his public holdings at the end of July. Microsoft founder Bill Gates' net worth was estimated to be at least US$58 billion.

Carlos Slim is Mexico's Monopoly. It's hard to spend a day in Mexico and not put money in his pocket. The 67 year old tycoon controls more than 200 companies-he say he "lost count";...As one Mexico City eatery jokes on its menu: "This restaurant is the only place in Mexico not owned by Carlos Slim". (Cambodia Daily, David Luhnow, August 18-19 2007).

What is amazing about this news can be link to Tycoon Kith Meng who announced on Thursday August 30 2007 that there will be a joint venture with a Malaysian firm to bring the international fast food giant KFC to Cambodia. Probably people "lost count" on his business too: ANZ Bank, Telecommunication (Mobitel, Camsin and CTN TV channel), Lottery, Hotel Cambodiana Hotel).......now he will also invest in Restaurant (KFC).

My blog has moved! Redirecting...

You should be automatically redirected. If not, visit http://sopheapfocus.com/ and update your bookmarks.