Carlos Slim Sells $1.15 Billion of Oil Stocks as Prices Rally
7 Articles
7 Articles
Carlos Slim accelerated the sale of oil stocks due to rising oil prices, thus accumulating $150 million for his fortune.
Carlos Slim Sells $1.15 Billion of Oil Stocks as Prices Rally
Take advantage of the upturn in crude oil prices, driven in turn by tensions related to Iran, which has raised the value of its shares
Carlos Slim, 86, is the richest person in Latin America, with a fortune of about US$ 124,000 million, according to Bloomberg's billionaire index.
Reading time approx.: 1 minutes, 41 secondsIt has collected about $820 million with PBF sales made during more than 100 days of negotiation this year, which incorporates increases of more than 170%. It also sold shares in Talos worth US$252 million this month, which represented almost 75% of [...] The Carlos Slim charge sells oil shares for 1,150 mdd before the price increase appeared first in Fortuna Magazine.
Slim sold shares of the company for US$252 million this month, almost 75% of its revenues for Talos this year
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