Carlos Slim Advises Others to Invest in Mexico Tony Castro - VOXXI
go to original June 13, 2013

Why Mexico Excites Billionaire Carlos Slim... Potential (CNBC)

Mexico billionaire Carlos Slim has never held public office, but the second richest man in the world may as well be king of Mexico as far as Wall Street and international investors are concerned.

Much like the old E.F. Hutton commercial used to about that firm, when Carlos Slim talks, people listen.

And this week he’s had people wondering what he knows that others don’t when he raised eyebrows by telling CNBC that the place to be investing now is in Mexico – that drug war-torn Mexico scaring away tourists and some investors actually has big potential.

“We have very (good) potential because we have a healthy economy, healthy financial system, healthy public finance, a lot of projects to do,” the 73-year-old tycoon said in an interview.

Read the rest at VOXXI

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