Carlos slim

In case you didn't know, foreign investments now make up half of the successful VC deals. It's a trend that's shifting the landscape for investors and entrepreneurs alike, and it's only likely to accelerate.

Carlos Slim, the world's richest man, bought a stake in BlackRock Inc. (BLK), the world's largest asset manager. Mexican billionaire Slim bought a stake worth less than 2% of the asset manager, Bloomberg News reported. Slim spokesman Arturo Elias did not give details on the exact size of the...

Some of the best online stories for investors: Why Facebook will be bigger than Google within five years; how a "short gold, long silver" strategy will work in the long run; what the acquisition of TechCrunch might mean for AOL.

Carlos Slim, ranked by Forbes as the world's richest man, said he is open to the possibility of investing in new energy projects outside Mexico. Slim, 70, said that he would consider opportunities in the power sector, Reuters reported. Sponsored Links "Maybe," Slim said when asked if he was...

By Luisa Kroll, Forbes.com The Forbes 400 richest Americans regained lost ground in 2010, while most were still smarting from the recession. The total worth of the Forbes 400 was up 8% to $1.37 trillion, well out-earning the 1% rise in the S&P 500 index over the same period of time. More...

India's Mukesh Ambani may not be a household name like billionaires Bill Gates or Warren Buffett, but here's a look at why it could be just a matter of time before the Indian mogul climbs to the top of the world's richest list.

Saks shares have spiked on takeover speculation. Reports say a private equity consortium with U.S. and U.K. players is interested in buying the retailer and could offer some $1.7 billion for it.

Mexican billionaire Carlos Slim has plunked down a cool $44 million for a hot Manhattan property -- the last remaining privately owned Fifth Avenue mansion. It's a townhouse boasting more than 19,000 square feet right across the street from the Metropolitan Museum of Art.

In a move to fight organized crime and drug trafficking, Mexico is requiring prepaid cell-phone users to register their identities by an upcoming deadline. Some lawmakers in the U.S. are working on similar legislation, too.