By and  on August 25, 2011

NEW YORK — The world’s richest man clearly believes in the longevity of the luxury retail boom — and he’s already almost $1 million richer because of it.

Carlos Slim Helú has again upped his stake in Saks Inc. shares, spending another $2.2 million on Aug. 19 to increase his shareholding to slightly more than 26.5 million shares, or about 16.9 percent of the retailer, according to a regulatory filing Wednesday with the Securities and Exchange Commission.

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