Carlos Slim’s Diminishing Riches Tied to Slump in Mexican Peso

  • Peso is down 6.7 percent this year and 18 percent in 12 months
  • His carrier America Movil fell the most in 8 years last month

Billionaire Carlos Slim’s efforts to distance his investments from Mexico haven’t gone quickly enough to avoid a tumble down the ranks of the world’s richest people.

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