Day Of The Deed

Article by Patrick W Martin and Ashley Fife

With a net worth of USD77.1 billion, Mexican telecoms businessman Carlos Slim Helú was ranked the second richest person in the world in a 2015 survey.¹ At the end of 2014, 16 of Mexico's citizens were on Forbes' billionaires list.² As for millionaires,³ Mexico, in 2014, had the second-highest number in Latin America, with 164,000, while Brazil was first, with 191,700.⁴ Mexico is one of the 'Mint' countries,⁵ whose populations in recent years have had the largest relative increase in millionaires worldwide.⁶ This trend is expected to continue. Much of the increased wealth in Mexico over the past 20 years is attributed to greater economic trade and investment with the US.⁷