Mexico’s wealthiest person lost $5.1 billion in the wake of
Donald Trump’s stunning upset over Democratic rival Hillary
Clinton. Carlos Slim, who is fifth-richest in the world, shed
9.2 percent
of his fortune after the peso dove as much as 12 percent on
the news.
Slim led declines of $41 billion on the Bloomberg
Billionaires Index at the start of U.S. trading Wednesday. The
Standard & Poor’s 500 Index was down 1.1 percent at 10
a.m. in New York. Stock markets across the globe wavered
on news that the New York real estate mogul would become
the 45th U.S. president.
The index decline almost reversed the $57 billion increase
the world’s richest saw earlier in the week when markets
rose on expectations that Clinton
would prevail.
The 10 Mexican billionaires on the index dropped a
combined $6.5 billion in early trading. Eva Gonda Rivera,
Mexico’s fourth-richest person, followed Slim with a $487
million loss while Lorenzo Servitje
Sendra, the fifth richest, shed $397 million.
U.S. billionaires, who account for one-third of the
Bloomberg wealth ranking, had the biggest dollar loss,
falling $9.3 billion. The combined net worth of
the billionaires on the index fell 0.9 percent to $4.4 trillion at the start of trading in New York

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