It’s been a bad day on the Mexican Bolsa, which means it’s been a bad day on paper for Slim, Mexico’s ultimate tycoon. This late-February hiccup in the market has reduced his net worth by roughly $720 million. When your fortune is measured in the tens of billions and tied to stock prices and currency movements, you learn to take the long view.
After all, this is Carlos Slim we’re talking about — the John D. Rockefeller of Mexico. Not ...