Mexico’s Richest Oligarch Loses Billions on News of Trump Victory 21st Century Wire says Mexico s billionaire tycoon Carlos Slim saw a large chuck of his wealth evaporate   literally overnight, after news of a Donald Trump election victory hit the currency and stock markets on Wednesday morning. According to Bloomberg financial analysts, Slim, Mexico s wealthiest person and rated fifth on the global rich list, took a stinging $5.1 billion haircut after the Mexican Peso went into a 12% free fall after Trump s stunning upset over Democratic Hillary Clinton.Slim s loss amounted to a staggering 9.2 percent of his total fortune.In the week before, polls showed Hillary Clinton as the odds on favorite, netting the billionaires a staggering $57 billion in total wealth increase across world markets. However, according to the Bloomberg Billionaires Index, oligarchs lost a total of $41 billion during Wednesday s epic slide   with Slim being the biggest loser.READ MORE ELECTION NEWS AT: 21st Century Wire 2016 FilesSUPPORT 21WIRE   SUBSCRIBE & BECOME A MEMBER @21WIRE.TVMiddle-east
mexico richest oligarch loses billions news trump victory century wire says mexico billionaire tycoon carlos slim saw large chuck wealth evaporated literally overnight news donald trump election victory hit currency stock markets wednesday morning according bloomberg financial analysts slim mexico wealthiest person rated fifth global rich list took stinging billion haircut mexican peso went free fall trump stunning upset democratic hillary loss amounted staggering percent total week polls showed hillary clinton odds favorite netting billionaires staggering billion total wealth increase across world markets however according bloomberg billionaires index oligarchs lost total billion wednesday epic slide slim biggest more election news at century wire filessupport subscribe become a member
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Mexico’s Richest Oligarch Loses Billions on News of Trump Victory 21st Century Wire says Mexico s billionaire tycoon Carlos Slim saw a large chuck of his wealth evaporate   literally overnight, after news of a Donald Trump election victory hit the currency and stock markets on Wednesday morning. According to Bloomberg financial analysts, Slim, Mexico s wealthiest person and rated fifth on the global rich list, took a stinging $5.1 billion haircut after the Mexican Peso went into a 12% free fall after Trump s stunning upset over Democratic Hillary Clinton.Slim s loss amounted to a staggering 9.2 percent of his total fortune.In the week before, polls showed Hillary Clinton as the odds on favorite, netting the billionaires a staggering $57 billion in total wealth increase across world markets. However, according to the Bloomberg Billionaires Index, oligarchs lost a total of $41 billion during Wednesday s epic slide   with Slim being the biggest loser.READ MORE ELECTION NEWS AT: 21st Century Wire 2016 FilesSUPPORT 21WIRE   SUBSCRIBE & BECOME A MEMBER @21WIRE.TVMiddle-east
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: mexico richest oligarch loses billions news trump victory century wire says mexico billionaire tycoon carlos slim saw large chuck wealth evaporated literally overnight news donald trump election victory hit currency stock markets wednesday morning according bloomberg financial analysts slim mexico wealthiest person rated fifth global rich list took stinging billion haircut mexican peso went free fall trump stunning upset democratic hillary loss amounted staggering percent total week polls showed hillary clinton odds favorite netting billionaires staggering billion total wealth increase across world markets however according bloomberg billionaires index oligarchs lost total billion wednesday epic slide slim biggest more election news at century wire filessupport subscribe become a member