Forbes Releases List of World’s Billionaires 2011

Continue reading Forbes Releases List of World’s Billionaires 2011

Forbes Releases List of World’s Billionaires 2011 originally appeared on DailyFinance on Wed, 09 Mar 2011 17:28:00.

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Carlos Slim Buys Stake in BlackRock

Carlos Slim, the world’s richest man, bought a stake in BlackRock Inc. (BLK), the world’s largest asset manager.

Mexican billionaire Slim bought a stake worth less than 2% of the asset manager, Bloomberg News reported. Slim spokesman Arturo Elias did…

Daily Blogwatch: Why Facebook Will Be Bigger Than Google

Some of the best online stories for investors: Why Facebook will be bigger than Google within five years; how a “short gold, long silver” strategy will work in the long run; what the acquisition of TechCrunch might mean for AOL…

Carlos Slim Open to Energy Investments Outside Mexico

Carlos Slim, ranked by Forbes as the world’s richest man, said he is open to the possibility of investing in new energy projects outside Mexico.

Slim, 70, said that he would consider opportunities in the power sector, Reuters reported.

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“Maybe,” Slim said when asked if he was planning new power investments, other than the Panama hydroelectric projects in where has an interest.

Slim’s…

Continue reading Carlos Slim Open to Energy Investments Outside Mexico

Carlos Slim Open to Energy Investments Outside Mexico originally appeared on DailyFinance on Wed, 29 Sep 2010 07:52:00.

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Mukesh Ambani: The World’s Next Richest Man?

India’s Mukesh Ambani may not be a household name like billionaires Bill Gates or Warren Buffett, but here’s a look at why it could be just a matter of time before the Indian mogul climbs to the top of the world’s richest list….