THE RECENT EMERGENCE of a Mexican, Carlos Slim, as the world’s richest man is an indication of the growing wealth of Latin America.
According to the latest Merrill Lynch/Capgemini Annual world wealth report, there were 371,000 high-net-worth individuals (those with more than $1 million in investable assets as well as their principal home) on the continent at the end of 2006, up 10.2% on 2005. Total investable assets held by HNWIs in the region jumped by 23% last year to $5.1
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