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Mexican money for Renault?
Nov 08, 2007
Further to the rumours about deals for Renault to get Fernando Alonso in at Renault, it seems that the man who may be involved is Mexican businessman Carlos Slim. The 67-year-old is rumoured to be one of the richest people in the world and has widespread interests in the telecommunications industry in Mexico and Latin America. He controls Telmex and Telcel. In August Forbes magazine reported that Slim is now richer than Bill Gates with a fortune estimated at $59bn, based on the stock market value of his holdings at the time. He controls 90% of the telephone fixed telephone lines in Mexico and 80% of all the country’s cellphones. His America Movil controls cellphone companies across Latin America and now has more than 100m subscribers.
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