Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description:  The Mexican billionaire’s stock portfolio, measured in U.S. dollars, has dropped about 9.5 percent since July 29 and is valued at about $64.4 billion, according to data compiled by Bloomberg. That compares with a 7.2 percent slide in the Standard & Poor’s 500 Index.

Source:  Bloomberg.com

Date: 08/05/2011

Link:  http://www.bloomberg.com/news/2011-08-05/slim-loses-8-billion-in-four-days-as-mexican-holdings-suffer.html

Questions for discussion:

  • What does this report have to say about why Carlos Slim lost so much of his wealth?
  • Could he do something to reduce the impact on his holdings in the future?

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