Mar 9, 2007

Rich Mexico

Mexico has 7 of them, including the third richest person in the world. The rest are just the usual bunch of oligarchs monopolizing most of the business in Mexico.

#003 Carlos Slim (MEX) 49,000 billion
#158 Alberto Bailleres (MEX) 5,000
#172 Ricardo Salinas Pliego (MEX) 4,600
#194 Jerónimo Arango (MEX) 4,300
#458 Emilio Azcárraga Jean (MEX) 2,100
#557 Isaac Saba Raffoul (MEX) 1,800
#583 Lorenzo Zambrano (MEX) 1,700
#618 Alfredo Harp (MEX) 1,600
#98,075,440 Alberto Ortega 0

From Huffington post:
Alberto,43, Mexico City, Mexico. Net worth: a pair of pet crickets.

Alberto comes from Michoacan where he raised corn on the family milpa, as his ancestors had for centuries. Post-NAFTA, hardscrabble Al couldn't compete with US-Congress-subsidized corn flooding Mexico, courtesy of Archer Daniels Midland. (Best known ADM partner Donald Tyson tragically fell OFF the current Forbes 400 Richest this year: couldn't make that $1 billion mark boo-hoo-hoo!).

Alberto moved to Mexico City where he lives in a drain with wife Concepcion; together they make a peso a week picking over waste at the local Wal-Mart de Mexico, thus trimming disposal costs for the Walton family (total net worth $78 billion, #6-#11 Forbes 400) and fellow Mexican Jeronimo Arango (net worth $4.3 billion, world's #194 richest man).

When Al has a nickel to his name he bets on the ponies, boosting off-track mogul Emilio Azcarraga Jean's bottom line (Net worth $2.1 billion, world's #458 richest man) and dreams of owning a share in a cellphone so he can keep in touch with Concepcion when she has to turn a trick, putting more dough in the pocket of Mexican Tel-com Bandito Carlos Slim Helu (at $49 billion net worth, world's #3 richest man - and that's in dirt-poor Mexico!)

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