Report: Carlos Slim Is Now $16 Billion Poorer Thanks To Trump

New York Times majority shareholder Carlos Slim is reportedly $16 billion poorer today than he was prior to Donald Trump’s presidential bid.

According to Bloomberg, Slim’s fortune was just under $67 billion on June 15, 2015 – one day before Trump launched his campaign. As of March 1, that fortune has fallen to roughly $51 billion.

“No one on earth has lost more during Trump’s rise – from a dollar and cents standpoint, at least – than the Mexican telecom magnate,” reads the Bloomberg piece.

“Much of it comes down to this: Trump’s tough talk on Mexico has sunk the peso, dragging down the dollar-based value of Slim’s domestic assets in the process.”


On the flip side, however, Bloomberg reports that Trump’s tough talk on Mexico has given rise to Slim’s popularity as a potential presidential candidate.

“His candidacy may be a long shot,” reads the report, “he told Bloomberg TV in December that he’d ‘never’ run for office – but Mexicans are hopeful.”

Nonetheless, the next Mexican presidential election is not due until July 2018. For now, people are simply celebrating Carlos Slim’s slightly shallower pockets.




  1. b.macintosh

    March 6, 2017 at 1:31 am

    I wonder how much he’s spent paying for rioters and protesters and the mentally ill to post anti trump garbage on the internet. One of the Twitter attack clubs is getting $5.00 a post. Seems kind of lavish.

  2. kamenetz

    March 6, 2017 at 12:30 pm

    #Never Vacation In Mexico AGAIN!

  3. waynus siez

    March 8, 2017 at 6:37 am

    I’ve personally boycotted Mexico for 10 yrs now, the place is a backwards poop hole and the open corruption is nauseating.

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