Carlos Slim | |
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Carlos Slim in 2012
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Born |
Carlos Slim Helú January 28, 1940 Mexico City, Mexico |
Residence | Mexico City, Mexico |
Nationality | Mexican |
Education | Civil Engineering |
Alma mater | Universidad Nacional Autónoma de México |
Occupation | Chairman & CEO of Telmex, América Móvil, Samsung Mexico and Grupo Carso |
Known for | World's wealthiest person (2010 to 2013) |
Net worth | US$46.5 billion (Dec 2016) |
Spouse(s) | Soumaya Domit (1967-1999; her death) |
Children | 5 (including Carlos) |
Website | Official website |
Carlos Slim Helú (Spanish pronunciation: [ˈkaɾlos esˈlim eˈlu]; born January 28, 1940) is a Mexican business magnate, investor, and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world. He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. As of 31 July 2016[update] he was #7 on Forbes list of billionaires, with a net worth estimated at US$50 billion.
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.
Slim was born on January 28, 1940, in Mexico City, to Julián Slim Haddad (born Khalil Salim Haddad Aglamaz) and Linda Helú Atta, both Maronite Catholics of Lebanese descent.
Slim always knew he wanted to be a businessman, and he began to develop his business and investment acumen at a young age. He received business lessons from his father Julian, 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.