Carlos Slim is a Mexican business magnate and philanthropist. One of the world’s richest individuals, he amassed wealth through his holdings in telecommunications, infrastructure, and various industries.
|NET WORTH: $98.4 BILLION
|Billionaire or Millionaire?
|Source of Wealth:
|Country of Origin:
|28th January 1940
CARLOS SLIM EARLY LIFE
Born on January 28, 1940, in Mexico City, Slim has made an indelible mark on industries ranging from telecommunications to finance and retail.
Carlos Slim attended the National Autonomous University of Mexico (UNAM) in Mexico City.
He began his studies in engineering but left before completing his degree to focus on his business ventures.
As of the time of writing, Carlos Slim has an estimated net worth of around $98.4 Billion making him one of the richest people in the world and Mexico’s richest man.
He recently sold a $80 million guilded mansion in New York City and also has stakes in the New York Times and commercial banks.
He owns ten shopping center’s in Mexico City and a further ten across Mexico and currently lives in a 6-bedroom secure home in the Lomas de Chapultepec district of Mexico City.
CARLOS SLIM CAREER
Slim’s career began in the 1960s when he started building a diverse business empire. His strategic investments in various sectors, including construction, mining, and real estate, laid the groundwork for his future success.
However, it was in the 1990s that Slim’s name became synonymous with telecommunications.
Through Grupo Carso, his conglomerate, Slim acquired Telmex, Mexico’s national telecommunications company, in 1990.
This move marked the beginning of his dominance in the telecommunications industry. Subsequent acquisitions, such as the purchase of Telcel, the leading mobile phone operator in Mexico, solidified Slim’s position as a telecom titan.
Beyond telecommunications, Slim’s business interests extend into finance, media, and retail.
His holdings include Grupo Financiero Inbursa, a major Mexican financial group, and Grupo Carso’s diverse subsidiaries encompassing everything from construction to healthcare.
While Carlos Slim’s business success has earned him the title of one of the world’s wealthiest individuals, he is also known for his philanthropic efforts.
Through the Carlos Slim Foundation, established in 1986, he has contributed significantly to education, healthcare, and arts and culture initiatives in Mexico and beyond.
Slim’s career has not been without controversy, with critics citing concerns about market competition and monopolistic practices.
Despite these challenges, there’s no denying the impact he has had on Mexico’s economy and the global business landscape.
In recent years, Slim has diversified his investments, exploring opportunities in energy and technology.
Carlos Slim has six children with his late wife, Soumaya Domit Gemayel, who passed away in 1999.
His children are Carlos, Marco Antonio, Patrick, Soumaya, Vanessa, and Johanna and his parents were Julián Slim Haddad and Linda Helú Atta.
He has three grandchildren named Diego Slim Aramburú, Johanna Elías Slim and Soumaya Romero Slim.
- Competition makes you better, always, always makes you better, even if the competitor wins.
- If you’re in business, you need to understand the environment.
- You need to have a vision of the future, and you need to know the past.
- Mistakes are normal and human.
CARLOS SLIM SUMMARY
As a multifaceted entrepreneur, Carlos Slim’s career is a testament to his vision, adaptability, and commitment to both business and philanthropy.
Whether in telecommunications, finance, or beyond, Slim’s influence continues to shape industries and economies on a global scale.
His ability to adapt to changing market dynamics and identify emerging trends underscores his business acumen.
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