Carlos Slim Helu & family Net Worth

Carlos Slim Helu Net Worth

Carlos Slim Helu & family net worth

Current Net Worth – $75.1 Billion (USD – 7,510 Crores), (Rupees – 5.63 Lakhs Crores)

Carlos Slim Helu short biography

Net Worth$75.1 Billion
BornJanuary 28, 1940 (Age – 81)
Identified asCEO of América Móvil, Telmex & Grupo Carso
StatusMexican Business Magnate & Investor
EducationUniversidad Nacional Autonoma de Mexico, Bachelor of Arts/Science
NationalityMexico
ResidenceMexico City, Mexico
Spousal statusMarried [(Soumaya Domit)
(M. 1967; Died 1999)]
Children6
Carlos Slim Helu short biography

Carlos Slim Helu has a net worth of $75.1 Billion (Rupees – 5,63,313 Crores), making him one of the top richest men in the world among Mukesh Ambani, Amancio Ortega, and Jim Walton.

He is a Mexican business mogul, investor, and philanthropist.

He is Latin America’s wealthiest individual.

He owns 40% of the Mexican Stock Exchange’s listings, and his net worth is equal to roughly 6% of the country’s GDP.

Slim was named the wealthiest person on the planet by Forbes magazine from 2010 to 2013.

He is the largest single stakeholder in The New York Times Company as of 2016.

His net worth was estimated to be $54.5 billion in 2017.

He was the twenty-fourth richest person in the world as of April 2021, according to Bloomberg L.P.’s Bloomberg Billionaires Index, with a net worth of $53.1 billion.

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Carlos Slim Helu biography

Full NameCarlos Slim Helu
Height5.8 feet, 173 cm
Weight75 Kg
Carlos Slim Helu biography

Carlos Slim was born in Mexico City on January 28, 1940, to Julián Slim Haddad and Linda Hel Atta, both Maronites from Lebanon.

His father, Salim Haddad Aglamaz, was born in Jezzine, Lebanon, on July 17, 1888. (then part of the Ottoman Empire). Haddad came to Mexico alone at the age of 14 in 1902 and later changed his name to Julián Slim Haddad.

He decided to learn finance, management, and accounting from his father.

He bought his first investment, shares in a Mexican bank when he was 12 years old. Slim had become a stockholder in Mexico’s largest bank by the age of 15.

He is Mexico’s richest man, and his family owns América Móvil, Latin America’s largest mobile communication company.

Education

He moved on to the National Autonomous University of Mexico to study civil engineering while simultaneously teaching algebra and linear programming.

Slim, although being a civil engineering major, showed an interest in economics. After completing his engineering degree, he studied economics in Chile.

Slim, who majored in civil engineering and has a background in linear programming, has claimed that his mathematical skills and expertise in linear programming helped him acquire an edge in the corporate sector, particularly when analyzing financial accounts.

Career

Carlos Slim Helu & family Net Worth
Carlos Slim Helu & family Net Worth (Image Source – Getty Images)

Slim began his profession as a stock trader in Mexico in 1961, frequently working 14-hour days. Slim’s individual investment income reached US$400,000 in 1965, allowing him to open the stock brokerage Inversora Bursátil.

His early business ventures were in the building, soft drink, printing, real estate, bottling, and mining businesses.

He had started or purchased seven more firms in these areas by 1972, including one that rented construction equipment.

He began spending aggressively and buying several major firms at low values while many banks struggled and foreign investors pulled back on investing and scurried.

After four spinoffs, his share in Seguros was finally valued at US$1.5 billion in 2007. He also bought a 40% and 50% stake in British American Tobacco and The Hershey Company’s Mexican operations, respectively.

Grupo Carso became a publicly traded corporation in 1990, first in Mexico and later globally.

Telmex owned 90% of Mexico’s telephone lines by 2006, while his mobile phone firm, Telcel, which was spun off from the Radiomóvil Dipsa corporation, owned over 80% of the country’s smartphones.

Slim surpassed Warren Buffett, an American billionaire, as the world’s second-richest person on March 29, 2007, with an estimated net worth of $53.1 billion, compared to Buffett’s $52.4 billion.

His first successful corporate purchase in Europe came on April 23, 2014, when he bought control of Telekom Austria, Austria’s largest phone carrier.

He established his own oil firm, Carso Oil & Gas, on April 15, 2015. The new company’s assets were stated in a report as 3.5 billion pesos (about US$230 million), divided among 17.7 million shares.

He also owns 17 percent of The New York Times and has holdings in Mexican construction, consumer goods, mining, and real estate firms.

Education, health care, industrial manufacturing, transportation, real estate, media, energy, hospitality, entertainment, high-tech, retail, sports, and financial services are all part of his conglomerate.

Private & early life

Soumaya Domit was Carlos Slim’s wife from 1967 until her death in 1999.

Carlos, Marco Antonio, Patrick, Soumaya, Vanessa, and Johanna are Slim’s six children.

His three elder sons have significant roles in the firms he owns, with the majority of them participating in the day-to-day operations of his corporate empire.

Slim does not have a computer in his workplace and instead likes to preserve all of his financial records on handwritten notes.

Carlos’ elder brother, Julian, died in February 2011 at the age of 74. He worked for one of Mexico’s leading intelligence organizations and was a businessman.

Slim’s large, diverse art collection is housed in the Soumaya Museum in Mexico City, which was designed by his son-in-law Fernando Romero.

Slim contracted COVID-19 on January 25, 2021, according to reports.

Philanthropy

Slim has expressed public skepticism of Bill Gates’ and Warren Buffett’s pledges to give away at least half of their riches. However, according to his spokeswoman, in 2011, he gave his Carlos Slim foundation US$4 billion, or about 5% of his wealth.

Slim established three nonprofit foundations in Mexico City: one for the arts, education, and health care, another for sports, and still another for downtown revitalization.

Awards

YearAward
1985Entrepreneurial Merit Medal
1994American Academy of Achievement
2003CEO of the year
2004CEO of the decade
2007Fundacion Telmex
2008The National Order of the Cedar
2011Hispanic Society of America
2012Honorary Doctorate in public service
2020Queen Sofia Spanish Institute Sophia
Carlos Slim’s Awards

Net worth statistics

  • March 2012 – $69.0 B
  • March 2013 – $73.0 B
  • March 3014 – $72.0 B
  • March 2015 – $77.1 B
  • March 2016 – $50.0 B
  • March 2017 – $54.5 B
  • March 2018 – $67.1 B
  • March 2019 – $64.0 B
  • April 2020 – $52.1 B
  • April 2021 – $62.8 B

Carlos Slim Helu Quote

“If you are in business, you are not enjoying. You are working.”

– Carlos Slim

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