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January 14, 2011

Ikea, the Swedish retailing giant owned by the Kamprad family, announced on 14 January that its net profit for 2010 had increased by 6.1% year-on-year, but said it plans to expand cautiously in 2011.

Ikea, the Swedish retailing giant owned by the Kamprad family, announced on 14 January that its net profit for 2010 had increased by 6.1% year-on-year, but said it plans to expand cautiously in 2011.

March 11, 2010

Mexican telecommunications baron Carlos Slim has overtaken Microsoft owner Bill Gates and legendary investor Warren Buffet to take the top spot in a list of the world’s richest people.

Mexican telecommunications baron Carlos Slim (pictured) has overtaken Microsoft owner Bill Gates and legendary investor Warren Buffet to take the top spot in a list of the world's richest people.
 
Slim, who runs the empire with his family, has an estimated fortune of $53.5 billion, which he increased by $18.5 billion last year. He is the first non-American to top the list in 16 years. Gates and Buffet come in second and third with an estimated $53 billion and $47 billion respectively.
 

March 5, 2008

Microsoft owner Bill Gates has been over taken in a world rich list by a family business owner.

Microsoft owner Bill Gates has been overtaken in a world rich list by a family business owner. Carlos Slim, (pictured), who runs the Mexican telecommunications empire with his family, has been ranked second in a list of the world's richest people after narrowly being beaten to the top spot.

Warren Buffet tops the list with an estimated worth of $62 billion. Slim has $60 billion while Microsoft owner Bill Gates, who has topped the list for more than a decade, is ranked third with $58 billion.

March 1, 2008

Members and owners of family businesses are among the wealthiest people on the planet. Families in Business takes a look at the wealthiest top 10 and analyses how they came to be there

1. Carlos Slim Helú (pictured) is the head of Telmex, a Mexican telecommunications empire that he runs with his sons. He is the world's richest family business owner with a fortune, worth an estimated $60 billion, that surpasses even that of Bill Gates. Slim's father was a Lebanese immigrant who started a dry-goods store in 1911. Slim made his first fortune in 1990 when we bought Telmex from the Mexican government.

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