After the purchase is realized, Slim will become the third richest investor of the media company that has been in need of additional financing recently: during a year securities of The New York Times Company have fallen in price by 33% in stock market. This mainly relates to the American advertizers getting more interested in investing in the Internet editions than in news papers.
According to annual rating of the Forbes, Slim’s joint fortune is estimated to be over USD 60 mld. To compare, Warren Baffet owns assets of approximately USD 62 milliards.
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