Pursuits
World’s Wealthiest Gain $12.7 Billion as Google Fortunes Plummet
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The 100 richest people on the planet added $12.7 billion to their collective net worth this week after worse-than-forecast corporate earnings in the U.S. wiped out most of the gains global stocks had posted earlier in the week.
Mexican Carlos Slim, 72, increased his fortune $1.8 billion after Telmex, the land-line unit of his Mexico City-based telecommunications company America Movil SAB, said on Wednesday it will begin offering high-speed Internet service without binding it with a phone line package. Slim remains the world’s richest person with a $77.6 billion fortune, according to the Bloomberg Billionaires Index.