Carlos Slim Helú is a Mexican business magnate, investor and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine.
He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso.
As of February 2020, he is the fifth-richest person in the world according to Forbes’ listing of The World’s Billionaires, with he and his family having a net worth estimated at $68.9 billion. He is the richest person in Latin America.
- Full name: Carlos Slim Helú
- Born: 28 January 1940 (age 80 years), Mexico City, Mexico
- Profession: Mexican business magnate, investor and philanthropist
- Nationality: Mexican
- Height: 1.73 m
- Net worth: 49.1 billion USD (2020)
- Spouse: Soumaya Domit Gemayel (m. 1967–1999)
About Carlos Slim
Slim was born on 28 January 1940, in Mexico City, to Julián Slim Haddad (born Khalil Salim Haddad Aglamaz) and Linda Helú Atta, both Maronite Christians from Lebanon.
Slim always knew he wanted to be a businessman and began to develop his business and investment acumen at a young age.
He received business lessons from his father Julián, who taught him finance, management and accounting, teaching him how to read financial statements as well as the importance of keeping accurate financial records, a practice that Slim carries on to this day.
At the age of 11, Carlos invested in a government savings bond that taught him about the concept of compound interest.
He eventually saved every financial and business transaction he made into a personal ledger book which he keeps to this day.
At the age of 12, he made his first stock purchase, by purchasing shares in a Mexican bank. By the age of 15, Slim had become a shareholder in Mexico’s largest bank.
At the age of 17, he earned 200 pesos a week working for his father’s company. He went on to study civil engineering at the National Autonomous University of Mexico, where he also concurrently taught algebra and linear programming.
Though Slim was a civil engineering major, he also displayed an interest in economics. He took economics courses in Chile once he finished his engineering degree.
Graduating as a civil engineering major, Slim has stated that his mathematical ability and his background of linear programming was a key factor in helping him gain an edge in the business world, especially when reading financial statements.
Mexican entrepreneur Carlos Slim Helú is a self-made man, the son of Catholic Lebanese immigrants to Mexico. Today, he is the chairman and CEO of telecom giants Telmex and América Móvil. He has amassed a net worth upward of $80 billion and often runs neck and neck with Bill Gates as the wealthiest man in the world.
His conglomerate includes education, health care, industrial manufacturing, transportation, real estate, media, energy, hospitality, entertainment, high-technology, retail, sports and financial services.
He accounts for 40% of the listings on the Mexican Stock Exchange, while his net worth is equivalent to about 6 percent of Mexico’s gross domestic product. As of 2016, he is the largest single shareholder of The New York Times Company.