Who is Carlos Slim?
Carlos Slim Helú is a Mexican business magnate, investor, and philanthropist. He is the chairman of Grupo Carso, a conglomerate with interests in a wide range of industries, including telecommunications, construction, retail, and energy. Slim is also the former chairman and CEO of América Móvil, the largest mobile phone operator in Latin America.
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Biography
Carlos Slim was born in Mexico City on January 28, 1940, to Lebanese-born parents. He showed an interest in business from a young age, and his father taught him the basics of finance, management, and accounting. At the age of 11, Slim invested in a government savings bond, which taught him about compound interest. He also began keeping a personal ledger book of all of his financial transactions, a habit he still maintains today.
At the age of 12, Slim made his first stock purchase, and by the age of 15, he had become a shareholder in Mexico’s largest bank. After graduating from high school, he studied civil engineering at the National Autonomous University of Mexico, where he also taught algebra and linear programming. Slim’s mathematical ability and his background in linear programming would prove to be valuable assets in his business career.
After graduating from college, Slim began working for his father’s company. He quickly showed his business acumen, and within a few years, he had become a successful businessman in his own right. Slim’s investments in telecommunications, retail, and construction have made him one of the richest people in the world. He is also a philanthropist, and has donated billions of dollars to charitable causes.
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Age and Height
Slim is 83 years old and stands 5 feet 6 inches tall.
Personal Life, Wife, Children
Carlos Slim was married to Soumaya Domit for over 30 years, until her death in 1999. She was a philanthropist who was involved in various charitable projects. Slim has six children with Soumaya: Carlos, Marco Antonio, Patrick, Soumaya, Vanessa, and Johanna. His three older sons serve in key positions in the companies controlled by Slim, where they are involved in the day-to-day running of his business empire. Slim underwent heart surgery in 1999, and his favorite subjects in high school were history, cosmography, and mathematics. Slim and his wife had a very happy marriage, and he has said that he does not intend to remarry.
Net Worth
As of [year], Slim’s net worth is estimated to be $96 billion, making him the 11th richest person in the world.
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Career
Slim’s journey commenced in the early 1960s when he entered the stock trading world. His innate business acumen was evident from the outset, propelling him to swift success, establishing himself as a prominent businessman.
Venturing into telecommunications proved to be a pivotal move, propelling Slim to unprecedented wealth, securing his position among the world’s richest individuals. As the chairman of América Móvil, he steered the company to dominate the mobile phone market in Latin America. Additionally, he holds a commanding stake in Telmex, the once state-owned telecommunications giant in Mexico.
His influence extends beyond telecommunications, as he is a major player in the retail sector through his ownership of Grupo Carso. This vast conglomerate boasts diverse interests, spanning retail, construction, and mining. In the retail arena, Slim’s holdings encompass the largest department store chain in Mexico and several other retail enterprises.
The construction sector is also under Slim’s domain, thanks to his ownership of Grupo Carso Infraestructura y Construcción, one of Mexico’s largest construction companies. Notably, this entity has undertaken significant projects like the Mexico City Metro and the Puebla-Tlaxcala Superhighway.
Yet, amidst his business pursuits, Slim remains a benevolent philanthropist. His contributions amount to billions of dollars, channeled into various charitable causes, including education, healthcare, and the arts. The Carlos Slim Foundation, which he founded, stands as one of Latin America’s largest charitable foundations, embodying his commitment to making a positive impact on society.
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Originally posted on August 4, 2023 @ 9:07 am