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Billionaires

Carlos Slim Helú: The 8th Richest Man In The World

Written by LynkUPP

Networth:$96.2 billion

Forbes Ranking: #8

Name: Carlos Slim Helú

Birth: January 28, 1940, Mexico City, Mexico

Profession: Businessman, Philanthropist

Primary Source of Wealth: Telecom

Key Venture: América Móvil, Latin America’s largest mobile telecom firm

Investment Diversification: Stakes in construction, consumer goods, mining, and real estate companies

Art Enthusiast: Extensive and eclectic art collection showcased at the Soumaya Museum in

The New York Times: Previously held a 17% stake in the newspaper

Family Conglomerate: His family owns around 79% of Grupo Carso

Recognition: Listed in Forbes’ Billionaires list and Powerful People list

Residence: Mexico City, Mexico

Citizenship: Mexican

Marital Status: Widowed

Children: 6

Education: Bachelor of Arts/Science from Universidad Nacional Autónoma de México

Early Life and Education

Carlos Slim Helú was born on January 28, 1940, in Mexico City, Mexico. He was the son of Julian Slim Haddad and Linda Helú Atta, both of Lebanese descent. Carlos Slim’s early exposure to entrepreneurship came from his father, who owned a dry goods store. He displayed an aptitude for numbers and business from a young age. Slim pursued his education at the Universidad Nacional Autónoma de México (UNAM), where he graduated with a degree in Bachelor of Arts/Science.

In 1990, Carlos Slim made a pivotal move that would shape his legacy. He, along with foreign telecom partners, acquired a stake in Telmex, Mexico’s only phone company. This marked the beginning of his substantial influence in the telecommunications sector. Over time, he consolidated his position, and Telmex eventually became part of América Móvil, which Slim transformed into Latin America’s most prominent mobile telecom company. His strategic investments and astute management turned América Móvil into an empire spanning multiple countries.

Diverse Investments and Conglomerate Holdings:

Slim’s business acumen extended beyond telecommunications. He diversified his investments, acquiring stakes in various industries, including construction, consumer goods, mining, and real estate. His family owned a significant portion, around 79%, of Grupo Carso, a conglomerate with interests in numerous sectors. This diversification contributed significantly to his immense wealth and influence.

Philanthropy and Cultural Engagement:

While renowned for his business successes, Slim is also recognized for his philanthropic efforts. He established the Carlos Slim Foundation, focusing on areas such as health, education, and social development. His passion for art led to the creation of the Soumaya Museum in Mexico City, named after his late wife. The museum houses an eclectic and extensive collection of art, showcasing his dedication to culture and creativity.

Legacies

Carlos Slim Helú consistently ranks among the world’s wealthiest individuals according to Forbes. He has been featured in various Forbes lists, including the Billionaires list and the Powerful People list. His influence extends beyond business, as he has left a lasting impact on Mexican society and its economic landscape. His journey from humble beginnings to becoming one of the world’s most prominent business figures is a testament to his remarkable vision and determination.

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Carlos Slim’s personal life includes his role as a widowed father of six children. He is known for his reserved demeanor and strategic decision-making style. Despite his immense wealth, he has maintained a relatively modest lifestyle, focusing on his business ventures and philanthropic activities.

About the author

LynkUPP

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