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Carlos Slim Reveals Stake in America Movil Now Up to 34.3%

In a newly amended 13D filing with the SEC, the second richest man in the world disclosed a 34.3% stake in America Movil SAB de CV (ADR) (NYSE:AMX). That man, billionaire Carlos Slim, and his company Inmobiliaria Carso now owns 19.2 billion L-class shares of the wireless communications company, which has lost 20% of its market value over the past year.

America Movil SAB de CV (ADR) (NYSE:AMX)

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