World's Richest Man: 'Charity Doesn't Solve Anything'
I don't place a lot of value on Carlos Slim's advice. His vast fortune has basically been a result of his ability to practice regulatory arbitrage and own a monopoly (and stifle competition) in Mexico, a country with a highly inefficient governance system.<p>If the political system over there ever became really functional, his empire would be broken apart and much of his wealth would contract.