A Mexican retail and banking giant, lost almost half of his wealth in a single day as the stock of his firm plummeted. Last Thursday, Salinas said that he would be taking the business private.
Carlos Slim: In 2024, Slim’s net worth dropped by $26 billion. Slim has significant shares in Latin American companies in the telecom, banking, construction,
And energy industries. Exchange rates, which saw the peso drop almost 20% after years of relative strength, and faltering markets after socialist candidate Claudia Sheinbaum’s victory.
In Mexico’s June presidential election harmed his fortune. Early in the year, shares of Pham Nhat Vuong’s electric vehicle firm Vinfast Auto Ltd.
Fell around 70% as losses increased and the market soured on the company’s ambitious growth ambitions. Vuong is a Vietnamese billionaire.
with assets in real estate development, retail, and healthcare. Although the stock has subsequently made some progress, Vuong lost over half of his money as a result of the fall.
