Carlos Slim: World's 2nd Richest Man.

Forbes magazine named this man as the world's second richest man this week. This man is Mexican telecoms tycoon , a blunt-spoken bargain hunter of troubled companies. And now he become the world's second-richest man and is hot on the heels of Microsoft's Bill Gates.

In the two months since Forbes calculated its 2007 wealth rankings, the 67-year-old Slim's fortune rose $4 billion to $53.1 billion, while Buffett's holdings slipped to $52.4 billion as of March 29.

Slim, who owns Mexico's dominant phone company and has holdings throughout Latin America, said his vision of a businessman's role in the world is at odds with that of Buffett, who announced last year he would donate $1.5 billion every year to the Bill & Melinda Gates Foundation. Now I'm sure that this is the right man to beat the "big boys" and for those who want to make him as their idols, you should read his words below:

WORK ETHIC
"If the market goes down you have less, if it goes up you
have more," Slim, 67, shrugged. "I don't do daily calculations," he
said.

Famous for buying up struggling firms at cheap prices and making them
profitable, Slim vowed to continue to work until he is "put in a coffin" or
until "my body gives in."

That work ethic could soon knock Gates off the top
spot that the U.S. businessman has held for 13 years.

Slim has handed over the day-to-day running of his businesses to his three sons and other relatives, rather than leave them money when he dies.

"When you leave them a company you leave them work, responsibility and commitments," he said, adding that running his flagship companies also stops them from "loafing about."

He learned business tricks from his father Julian Slim, who emigrated to Mexico at the start of the 1900s.

His father owned a Mexico City general store "Star of the Orient" and went into real estate when property was cheap during the 1910-1917 revolution.

"His story is that of a typical self-made man," biographer Jose Martinez wrote about Slim. "He lost his father when he had scarcely turned 13 but inherited from his father his enterprising spirit."

Not all Mexicans hail Slim as a business genius and say his wealth has more to do with political favors and privileges than business acumen.

"For me, it is a national embarrassment that there is one man so rich and so many so poor," said Guillermina Pena, 26, a hairdresser in Mexico City. "It does not fill me with pride."

About one-fifth of Mexico's 107 million people do not have enough
income to meet their minimum nutritional needs. "

Get something from his words?