But Slim can now blame Trumps election for shaving $5.8 billion from his net worth on Wednesday based on data from the Bloomberg Billionaire Indexand he may have more to lose if Trump makes good on his campaign promises. After Trump won the electoral votes Tuesday, Slim shed 10.5% of his wealthmore than any other billionaire on the index on Wednesdayas his major stock holdings fell in value and the Mexican peso plunged as much as 13%.
One of Slims major holdings, Mexico-based telecom company America Movil SAB de CV, shed 9.7% since election day while trading on the Nasdaq,
Another of Slims major holdings, industrial and telecom company, Grupo Carso, fell 5.5% Thursday compared to election day in trading in Mexico. That came as the Mexican stock exchange also took a dip, with its benchmark index, the IPC, falling 19.9% on Wednesday before recovering part of its losses.
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