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CEO InsiderMoney and Wealth

Latin America’s Richest: Carlos Slim Doubles Down on Oil as Fossil Fuel Demand Persists

Carlos Slim, Latin America’s wealthiest individual, has invested $1 billion this year to expand his portfolio in crude oil production and refining, betting on the sustained demand for fossil fuels. The 84-year-old billionaire, best known for building the telecom empire America Movil SAB, has been diversifying his investments in recent...
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