In September it was family-owned New York Times group, now its luxury department store owner Saks and troubled banking giant Citigroup. Carlos Slim Helu (pictured), the world's second richest man and family business owner, has made a splash this week with two high profile investments.
He has built up a $23.1 million stake in Saks, equivalent to 17.6%, whose flagship Fifth Avenue store sells designer clothes, accessories, cosmetics and gifts.