Carlos Slim, Warren Buffett, and Larry Ellison--Who Just Bought Lanai--Each Lost $700 Million Thursday
On a down day for the markets, billionaires Carlos Slim, Warren Buffett, and Larry Ellison each lost $700 million in stock value. [...] more>>
Carlos Slim Helu retains the title of world's richest man for the third year in a row despite a fortune that's $5 billion smaller than a year ago-primarily because of a lower share price for telecom giant America Movil, which accounts for more than half his net worth. In April the company was fined $1 billion by Mexican regulators for monopolistic practices, but is appealing the decision. Slim is spending more time working with his Carlos Slim Foundation and the Telmex Foundation than he has in the past. His goal: philanthropic work that develops human capacity. [...] more
On a down day for the markets, billionaires Carlos Slim, Warren Buffett, and Larry Ellison each lost $700 million in stock value. [...] more>>
The world's richest man is wading into the middle of South American petro-politics. [...] more>>
Photos of the Forbes Most Powerful People [...] more>>
Carlos Slim, the world's richest man, bought 8.4% of YPF, the recently nationalized Argentine oil company. Cristina Kirchner, president of Argentina and the architect of the appropriation, has gained support to bring in international oil companies to develop unconventional fields. [...] more>>
Warren Buffet got $600 million richer today. Zuck wasn't far behind. [...] more>>
To boost economic growth, Slim urges raising the retirement age and expanding Internet access, speaking at a conference in Geneva. [...] more>>
What did you do on Wednesday? Oracle CEO Larry Ellison launched his firm's new cloud offering, made $913 million...oh, and he promised to start tweeting, too. [...] more>>
| Fees earned or paid in cash | $125,000 |
| Stock awards | $160,000 |
| Total Compensation | $285,000 |
| Number of shares owned | 14,824 |
| Number of shares owned | 11,765 |
