Mexican Billionaires' Wealth Soars Under AMLO Despite Anti-Elite Rhetoric

Mexico's billionaires have seen their collective wealth double under President AMLO, growing by $79 billion despite his anti-elite rhetoric.

Factors like a strong peso rally, business-friendly policies from AMLO, and dominant market positions have allowed billionaires like Slim and Larrea to prosper.

AMLO has taken some symbolic actions against billionaires but not pursued aggressive reforms to address inequality and concentration of wealth.

Critics say AMLO has failed to limit the power of billionaire "mafias" and oligopolies as promised.

AMLO defends billionaires' fortune growth as proof his economic model works, though data shows average Mexican purchasing power on par with OECD.