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Carlos Slim HelÃÆ'º ( Spanish pronunciation: Ã, ['ka? los es'lim e'lu] born January 28, 1940) is a Mexican business king, engineer, investor, and philanthropist. From 2010 to 2013, Slim is ranked as the richest person in the world by Forbes business magazine. He gained his wealth from his vast holdings in a large number of Mexican companies through his conglomerate Grupo Carso. In June 2018, he is the seventh richest man in the world according to World Forbes Billionaires 'list of Forbes ' with a net worth estimated at $ 61.3 billion. He is the richest man in Mexico.

Its conglomerates include 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 list on the Mexican Stock Exchange, while his net worth equals about 6% of Mexico's gross domestic product.


Video Carlos Slim



Kehidupan awal

Slim was born on January 28, 1940, in Mexico City, to Juliá¡ Slim Haddad (born Khalil Salim Haddad Aglamaz) and Linda HelÃÆ'º Atta, both Maronite Catholics from Lebanon.

Slim always knew he wanted to be an entrepreneur, and he began to develop business acumen and investment at a young age. He received business lessons from his father JuliÃÆ'¡n, who taught him finance, management and accounting, taught him how to read financial statements and the importance of keeping accurate financial records, practices practiced by Slim to this day.

At the age of 11, Carlos invested in government saving bonds that taught him about the concept of compound interest. He finally saved every financial and business deal he made into a personal book he kept to this day. At the age of 12, he made his first share purchase, by buying shares in a Mexican bank. At the age of 15, Slim has become a shareholder in the largest bank in Mexico. At the age of 17, he received 200 pesos a week working for his father's company. He went on to study civil engineering at Mexico's National Autonomous University, where he also simultaneously taught algebra and linear programming.

Although Slim is a civil engineering department, he also shows an interest in economics. He took an economic course in Chile after completing his engineering degree. Graduated as a civil engineering major, Slim has stated that his mathematical skills and linear programming background are key factors in helping him gain excellence in the business world, especially when reading financial reports.

Maps Carlos Slim



Business career

1960s

After graduating from college in 1961, Slim began his career as a share dealer in Mexico, often working 14 hours a day. In 1965, the profits from Slim's private investment reached <$ US $ 400,000 , allowing him to start trading in Inversora BursÃÆ'¡til shares. In addition, he also began laying the fundamentals for Grupo Carso. In 1965 he also bought Jarritos del Sur. In 1966, worth US $ 40 Ã, million , he founded Inmobiliaria Carso.

1970s

Companies in the construction, soft drink, printing, real estate, bottling and mining industries became the focus of Slim's emerging business careers. He then developed into a variety of industries including auto parts, aluminum, airlines, chemicals, tobacco, cable and cable manufacturing, paper and packaging, copper and mineral extraction, tires, cement, retail, hotels, beverage distributors, telecommunications and financial services in which Slim's Grupo Financiero Inbursa - which sells insurance and invests savings, mutual funds, and pensions of millions of ordinary Mexicans. By 1972, he had established or acquired seven further businesses in this category, including one who rented construction equipment. In 1976, he opened a branch by acquiring a 60 percent stake in Galas de MÃÆ' Â © xico, a small print pack of cigarette packs for US $ 1 Ã, million 1980s

In 1982, the Mexican economy contracted rapidly. As many banks struggle and foreign investors cut back on investment and run, Slim began to invest heavily and bought many major companies with depressed valuations. Purchasing a troubled asset at a pressed price to resell it later at an attractive price is a business strategy that Slim has run throughout his career.

Having a sharp investment eye for value, Slim embraces his value-added investment practices with a long history of buying shares in companies he sees as undervalued. A lot of Slim business affairs involve simple strategies, namely to buy a business and keep it for cash flow or ultimately to sell stocks at a greater profit in the future, thus capturing capital gains and reinvesting start-up capital into a new business. In addition, the conglomerate structure allows Slim to buy many bets that are made almost recession proof if one or more sectors of the economy do not go well. Slim also discusses better business details but focuses on business fundamentals where its strategy is to buy assets at undervalued prices for its underlying cash flow and ultimately sell its shares for a greater profit when the value of asset profits, or simply stay in business for its cash flow.

From the mid-1960s to early 1980s, Slim and his growing family lived a modest life, while income from many Slim businesses was reinvested in more expansion and acquisitions. Companies acquired thinly with a strong return on the capital that he believed was rated low and overhauled his management. He diversifies methodically across various industrial sectors throughout the Mexican economy, invests in real estate, then construction equipment companies, and mining companies. Slim's company portfolio grows to include printing companies, tobacco companies, and retail stores.

During the Mexican economic crisis before the recovery in 1985, Slim invested heavily. He buys all or most of Mexico's many businesses, including Empresas Frisco, a mining and chemicals company that produces silver, gold, copper, tin and zinc from extracted ores, as well as chemical products such as hydrofluoric acid and molybdenum for only $ 50 million, Industrias Nacobre, copper producer, Reynolds Aluminio, Compania Hulera Euzkadi, Mexico's largest tire maker, Bimex hotel, and the majority share of food retailers, gift shops and chain restaurants Sanborn Hermanos. Slim spent US $ 13 to buy insurance company Seguros de MÃÆ' Â © xico in 1984, and then absorbed the company into the company, Seguros Inbursa. The value of its shares in Seguros eventually became worth US $ 1.5 billion in 2007, after four spin-offs. He also acquired 40% and 50% interest in the hands of Mexican British American Tobacco and The Hershey Company, respectively and acquired a large block of Ban Denny and Firestone. He moved to financial services as well, bought Seguros de MÃÆ' Â © xico and made it, along with other purchases such as Fianzas La Guardiana and Casa de Bolsa Inbursa, Grupo Financiero Inbursa. Much of this acquisition was financed by cash income and cash flow from Cigatam, a tobacco business he bought in the early economic downturn.

In 1988, Slim bought a group of companies Nacobre, which trades in copper and aluminum products, along with the chemicals business, QuÃÆ'mica Fluor, and others.

1990s

Slim made great fortune in the early 1990s when Mexico privatized the telecommunications industry and Grupo Carso acquired Telmex from the Mexican government. In 1990 Grupo Carso was hailed as a public company in Mexico and then around the world. Grupo Carso also acquired majority ownership of Porcelanite, a tile maker in 1990. This investment was awarded to an associate company, but in 1995 Grupo Carso began to grow its shareholdings to 83 percent and subsequently made it a subsidiary.

Then in 1990, Slim acted together with France TÃÆ'Ã… © lÃÆ'Â © and Southwestern Bell Corporation to purchase Telmex landline companies of the Mexican government, when Mexico began to privatize its national industry. Slim is one of Telmex's earliest investors, the company's revenue ultimately shaping most of Slim's wealth. In 2006, 90 percent of the telephone lines in Mexico were operated by Telmex, and its cell phone company Telcel, created from RadiomÃÆ'³vil Dipsa, operates nearly 80 percent of all the country's mobile phones. In 2012, AmÃÆ'Â © rica Movil, the Slim mobile phone company, has taken over Telmex and made it a private subsidiary.

In 1991, he acquired Hoteles Calinda (now OSTAR Grupo Hotelero), and in 1993, he increased the stakes at General Tire and Grupo Aluminio to the point where he had a majority interest.

In 1996, Grupo Carso was divided into three companies: Carso Global Telecom, Grupo Carso, and InvercorporaciÃÆ'³n. The following year, Slim bought Sears Roebuck's arm from Mexico. In July 1997, Grupo Carso agreed in principle to sell Procter & amp; Gamble de MÃÆ' Â © xico, a subsidiary of The Procter & amp; Gamble Co., a manufacturing plant in Apizaco and Lypps companies, Pampys, and other toilet-tissue brands for about $ 170 span but continues its network product company FÃÆ' ¡Bricas de Papel Loreto y PeÃÆ' Â ± a Pobre.

In 1999, Slim began expanding its business interests outside Latin America. Although most of his holdings remain in Mexico, he begins to direct his view to the United States for overseas investment.

2000s

Slim became a prominent figure in the American business world in 2003 when he began buying large shares in a number of major US retailers such as Barnes & Noble, OfficeMax, Office Depot, Circuit City, Borders, and CompUSA. The many reasons behind Slim's overseas expansion are due to jokes in the Mexican business world where "nothing is left to acquire in Mexico". He observed the United States investment in which he founded Telmex USA and also acquired a stake in Tracfone, the US mobile phone company. At the same time, he founded Carso Infraestructura y ConstrucciÃÆ'³n, S. A. (CICSA) as a construction and engineering company within Grupo Carso. That same year, Slim underwent heart surgery and then continued most of her daily engagement in her business to her children and their partners.

AmÃÆ'Â © rica Telecom, the parent company for AmÃÆ'Â © rica MÃÆ'³vil, was established in 2000. The company took shares in mobile phone companies outside Mexico, including ATL and Telecom America, Techtel in Argentina, and others in Guatemala and Ecuador. In subsequent years, there were investments in Latin America, with companies in Colombia, Nicaragua, Peru, Chile, Honduras, and El Salvador, as well as efforts with Microsoft.

In 2005, Slim invested in Volaris, a Mexican airline and founded the Impulsora del Desarrollo y el Empleo en AmÃÆ'Â © rica Latina SAB de CV (using the acronym "IDEAL" - roughly translated as "Promoter of Development and Employment in Latin America "), a Mexican civil construction and engineering company primarily engaged in the construction of a nonprofit infrastructure. Since 2006, IDEAL won three infrastructure contracts but faces stiff competition from a number of other Mexican and Spanish construction companies. The contract amount is less than its biggest local competitor, Empresas ICA. During the same period, Empresas acquired 18 Mexican projects worth US $ 1.09 billion, including airports, toll roads, hospitals, and oil bases. Several IDEAL projects have been provided including the development of Nezahualcoyotl, which is a landfill obtained for Slim's $ 150 million by Slim to develop shopping centers, two schools, hospitals and parks on site. Other IDEAL contracts have been awarded including water treatment plant contracts, and real estate partnerships with Mexican hospital network Star MÃÆ'Ã… © dica. IDEAL also bet on one of the poorest landfills around Mexico City. Slim also plans to buy some toll roads offered by the Mexican government taken over from private companies after the devaluation of the currency in December 1994. Despite speculation that the TPA will take about 12 years to generate profits, the development of the impoverished region is promising big business profits over the years as Grupo Elektra, Mexico's largest consumer electronics retailer, sells 2,000 flat-screen televisions annually in stores in the area, making it the third best-selling outlet. Included in the development, IDEAL will also collect leases from universities, hospitals and schools to be built around the mall, will have 178 stores, including Zara Inditex fashion chain and Slim's Grupo Sanborns and unit Mexico Sears Holdings. A garden in Nezahualcoyotl, the first of its kind will also be built. The park will consist of 34 soccer fields, 12 tennis courts, basketball and volleyball, a baseball field and a fitness center with swimming pool.

In 2007, after collecting a 50.1% stake in the Cigatam tobacco company, Slim reduced its ownership by selling most of its equity to Philip Morris for US $ 1.1 billion, while in the same year sold all of its holdings in a tile company, Porcelanite, for US $ 800 Ã, million. He licensed the name Saks and opened the Mexican branch of Saks Fifth Avenue in Santa Fe, Mexico. During the same year, the estimated value of all Slim companies was US $ 150 Ã, billion. On December 8, 2007, Grupo Carso announced that the remaining 103 CompusA stores would be liquidated or sold, resulting in an end to struggling companies, although IT technology part of CompUSA continues with Telvista's US locations in Dallas, Texas (US Corporate Office) and Danville , Virginia. Telvista has five centers in Mexico (three in Tijuana, one center in Mexicali, and one in MÃÆ'Ã… © xico City). After 28 years, Slim became Honorary Chairman of Business Lifetime.

In 2008, Slim took a whopping 6.4% stake in the troubled New York Times Company, as the global recession and declining ad revenue severely hurt the print-based "old media" companies across the United States. Slim increased its holdings to 8% in 2012. Slim's ownership in the Times increased again to 16.8% of its Class A shares on January 20, 2015 when it exercised stock options to buy 15.9 million shares, making it the largest shareholder in the company.. Class A Share The New York Times is available for public purchase and offers less control over the company than a privately owned Class B share. According to the company's 2016 annual submission, Slim owns 17.4% of Class A share of the company, and no Class B share of the company.

Slim built Plaza Carso in Mexico City, where most of its efforts share a shared headquarters address.

2010s

In 2012, Slim sells broadcasting rights for the game Leon to Telemundo in the United States, and Fox Sports cable channels in Mexico and other Latin American regions and to the mediotiempo.com website. The game is also broadcast on the Internet through UNO TV, offered by Telmex. Slim has been involved with sports broadcasting outside Mexico to larger markets like the United States. In March 2012, America Movil won broadcast rights for the Olympics in Sochi 2014 and Brazil 2016 for Latin America.

In March 2012 Slim, along with American television host Larry King, founded Ora TV, an on-demand digital television network that produces and distributes television shows including Larry King Now, politicized with Larry King , Recessionista, and Jesse Ventura Uncensored .

In September 2012, Slim bought a 30% stake in Pachuca and LeÃÆ'³n, two Mexican football teams through its telecommunications company America Movil. In December 2012, he bought all shares of second division team Estudiantes Tecos. Slim has also completed business transactions for television rights for the game of Leon's football team. His company America Movil bought 30 percent of the team along with the transmission rights because Slim has no right to deliver content by broadcasting television or cable TV and placing it in competition with Televisa and TV Azteca, two television companies with rights to the rest of Mexico's first division football.

In 2013 Slim company Grupo Carso opened Telcel Theater in Mexico City, which operates along with its entertainment company Grupo CIE (CorporaciÃÆ'³n Interamericana de Entretenimiento), the Mexican equivalent of Live Nation.

In April 2013, Slim entered the business of managing a Mexican prison to expand the investment of his construction finance company. The ideal bet is obtained in two federal prisons from Desarrolladora Homex SAB, a Mexican homebuilder company where Slim companies will receive 4 billion pesos ( US $ 326 Ã, million ) in the agreement. The company run by his son, Marco Antonio Slim, added the prison to a portfolio of infrastructure assets including toll roads, hydroelectric dams, and water treatment plants.

In July 2013, the company Slim America Movill invested US $ 40 Ã, million at Shazam, a UK phone-based phone music recognition service for undisclosed portions of ownership. America Movil partnered with the company to help its growth in advertising and television and help develop audio recognition services in Latin America.

In November 2013, Slim invested US $ 60 million at startup Israel Mobli, a company that deals with connections between people and communities corrected according to different interests.

In December 2013, Slim's private equity fund Sinca Inbursa sold its stake in Mexican pharmaceutical company Landsteiner Scientific. Slim has acquired 27.51 shares in the company in June 2008, representing 6.6 percent of Sinca's investment portfolio. Private equity funds invested primarily in transportation and infrastructure and the fund has a total market capitalization of 5.152 billion pesos by the end of 2012.

Slim also directs its view in the energy industry as well. In 2011, Slim began buying a 70 percent stake in SA's Geoprocesados ​​Tabasco Oil Co, gaining access to the Colombian oil market as it seeks to increase crude oil and natural gas production. Slim began looking for ways to increase its oil investment in Colombia because of the country's open policy on exploration as well as increasing its commitment to double production by 2020. Investors are also drawn to Colombia due to enhanced security as well as a clear government regulatory framework for oil drilling. In 2013, Mexico's national oil and gas company, Pemex, rented an offshore drilling rig from Carso Group. Based on the agreement, Pemex will operate the rig on a seven-year contract and will pay US $ 415 Ã, million . Rig is owned by Operadora Cicsa, a subsidiary of Carso Group. The relationship between Pemex and Slim returned in early 2006, where the NOC hired CICSA for drilling and completion of more than 60 wells in the south? -? Covers President Cinco, Macuspana-Muspac, Samaria-Luna and Bellota-Jujo Assets - and for expansion of petrochemical plant in Veracruz. Carso's infrastructure and construction children have been awarded several oil well development contracts in the main assets of Pemex? -? Including Chicontepec? -? As well as tenders for the construction of natural gas pipelines and marine platforms. With Pemex Law reform 2008, the creation of an integrated service contract and perspective for future energy reforms, Slim has begun to seize business and investment opportunities in Mexico's oil and gas industry. CICSA's Swepomex pipeline manufacturing division is a provider of marine platforms. CICSA also acquired a majority stake in Oklahoma Bronco Drilling contractors, along with minority participation in Houston Allis Chalmers Energy drilling company. Slim controls a 15 percent stake in Bronco, with warrants that can increase stocks by 20 percent. He also owns a 2.9 percent stake in Allis-Chalmers. 15% of the country's main gas operator, Gas Natural Mexico is now owned by Sinca Inbursa, a private equity fund controlled by Slim. Slim HelÃÆ'º has also maintained an important business presence at Spanish oil company Repsol and its Argentine subsidiary YPF, Argentina's largest oil company, where Slim owns 8.4 percent stake.

On April 23, 2014, Slim controls Telekom Austria, the largest telephone operator in Austria, which has telecommunications companies in countries such as Bulgaria, Croatia and Belarus, under a 10-year agreement, is the first successful business acquisition in Europe. In a syndicate holding structure, Austrian state-owned OIAG's 28 percent is combined with Slim's 27 percent ownership. America Movil will spend as much US $ 2 billion to buy minority shareholders in mandatory public offerings and invest up to 1 Ã,/span> billion euros ( US $ 1.38 billion ) into the company, which he sees as "platform for expansion into central and eastern Europe". Labor representatives boycotted a 12-hour OIAG supervisory meeting criticizing the lack of explicit job security.

In July 2014, Slim invested in WellAware, a Texas-based oil and gas software developer, this investment was also done with former vice-president of the Republic Dick Cheney. External funding is provided by Activant Capital Group and Slim, along with participation from strategic investor and WellAware board member Ed Whitacre. When Mexico is finally ready to open its oil and gas sector for domestic and foreign private capital for the first time in 75 years, it has been widely speculated that Slim will play a major role in contributing to Mexico's new energy landscape. Slim Investment at WellAware, whose software allows oil and gas companies to track wells and pipelines remotely and collect data to make estimates, adds to the number of oil-related investments it has made in recent years in Mexico, Latin America and the United States.

In January 2015 Grupo Carso openly launched Claro Musica, an online music service equivalent to Latin America from iTunes and Spotify. Slim and his son increased their presence in the Mexican music industry, particularly in the retail music industry since 2013. Sanborn's, a chain of Mexican retail stores owned by Slim contains an extensive music section and 170 locations in Mexico and controls majority share in Mexico. Mixup, Mexico's most successful retail store consisting of Mexican retail outlets 121 stores along with iShop online through a sales partnership with Apple. Mixup also generates more than US $ 320 million in revenue in 2014.

In March 2015 Slim began directing his attention to Spain, buying Spanish real estate for the lowest price in the ailing Spanish economy. Slim has also bought shares in troubled Spanish companies while eyeing investment across Europe. Slim investment firm Inmobiliaria Carso announced it would buy a stake in a Spanish banking conglomerate, Bankia, in pair with the purchase of Realia, another Spanish real estate company, in which Slim is the second largest shareholder holding a 25% equity stake, behind the Fomento de Construcciones y Contratas, a construction company where Slim is also a small shareholder.

On April 15, 2015, Slim formed its own oil company called Carso Oil & amp; Gas. The company was founded after the shareholder of a subsidiary of Slim business conglomerate Grupo Carso voted in February 2015 to incorporate Carso Infraestructura , Construccion y Perforacion and Condumex Perforaciones i> into Carso Oil & amp; Gas. The report released by the new company listed its assets at 3.5 Ã, billion pesos (about US $ 230 million ), placed in 17.7 Ã, million shares. After the formation of the company, Slim remains optimistic about the growing Mexican energy and energy sector in which state monopoly no longer ever owned by the state oil company Pemex and opened the sector for private investors.

On July 25, 2015, the investment group Slim Empresarial de Capitales invests in IMatchative, a tech startup that ranks the world hedge fund that creates profound behavior profiles and business analysis. The company created an exclusive behavior profile from hedge fund managers for using everything from divorce records to political contributions incorporated in their profiles and fund analysis. Unlimited partners pay US $ 30,000 per subscription while hedge fund managers pay half price and also sign up for a free version of the product the company offers.

On September 8, 2015, one of the Slim companies announced that the Jr. Philosophy The studio, a fashion line for young women, will evolve into an independent retail chain that will compete with elite fashion retailers around the world. Although the style of the new fashion line and the number of annual collections has not been published, Philosophy Jr. Studios are expected to compete with many renowned multinational fast-paced fashion retailers like H & amp; M, Forever 21, Zara and C & amp; A. Line mode will be offered at individual brick and mortar boutiques at two shopping centers in Mexico City. With an investment of $ 20 million , Slim's plan is to have 100 independent stores by 2017. The brand was established in 2011 and has been sold in Sears Mexico, a unit of Grupo Sanborns, a restaurant , retail, and Slim's pharmaceutical chain.

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Family and personal life

The father of Slim Khalil Salim Haddad Aglamaz emigrated to Mexico from Lebanon (then part of the Ottoman Empire) in 1902 (he was 14 years old), and later changed his name to JuliÃÆ'¡n Slim Haddad. It is not uncommon for Lebanese children to be sent abroad before they reach the age of 15 to avoid conscription to the Ottoman Army, and four Haddad's brothers are already living in Mexico upon arrival.

In 1911 JuliÃÆ'¡n founded a dry goods store, La Estrella de Oriente (The Star of the Orient). La Estrella de Oriente is an important dry goods store located on Venustiano Carranza where it has merchandise worth over $ 100,000 on January 21, 1921, just ten years after the business was founded. In 1921, he began investing in real estate in the bustling commercial district of Mexico City where JuliÃÆ'¡n would acquire prime real estate with fire selling prices and in the Zocalo District during the Mexican Revolution of 1910-17. In 1922, JuliÃÆ'¡n's net worth reached $ 1,012,258 pesos and diversified in a variety of assets including real estate, business and stocks.

In August 1926, JuliÃÆ'¡n Slim married Linda HelÃÆ'º Atta. Linda was born in Parral, Chihuahua, the Lebanese parents who immigrated to Mexico in the late 19th century. After immigrating to Mexico, his parents founded one of the first Arabic magazines for the Lebanese-Mexican community, using the printing press they brought with them. Julian and Linda have six children: Nour, Alma, JuliÃÆ'¡n, JosÃÆ'Ã… ©, Carlos, and Linda. JuliÃÆ'¡n senior died in 1953, when Carlos was only 13 years old.

Julian's business was a source of considerable wealth for himself and his family. As a result of the financial prosperity of these efforts, Julian soon became a prominent and wealthy businessman, where he was able to invest during a bad economic cycle due to the frequent Mexican economic downturn. JuliÃÆ'¡n is known for her business acumen, her strong work ethic, and her commitment to traditional Lebanese moral values. Having a deep understanding of the business that is considered to precede its era, one of the pioneering business concepts of Julyà ± n is an efficient business as one that sells large volumes at a smaller margin, and with payment facilities, a factor that is prevalent in many big store day discounts this.

Personal life

Carlos Slim married Soumaya Domit from 1967 until his death in 1999. Among his interests were various philanthropic projects, including the creation of a legal framework for organ donation. Slim has six children: Carlos, Marco Antonio, Patrick, Soumaya, Vanessa, and Johanna. Slim's fortune has spawned a family business empire and she often buys shares on her behalf and her children. The three older sons serve in key positions in Slim-controlled companies where most are involved in the Slim business empire everyday. Slim underwent heart surgery in 1999. In high school, Slim's favorite lessons are history, cosmography, and mathematics.

In his office, Slim does not store computers and instead prefers to keep all of its financial data in a fully stored notebook. Slim is fluent in technology but prefers writing by hand rather than on computer. Due to the large size of his business empire, Slim often jokes that he can not track all the companies he manages. Carlos Slim is a Maronite Catholic, and he is one of the supporters of the Legion of Christ, a Roman Catholic religious institution.

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Personal benefits

Wealth

On March 29, 2007, Slim surpassed American investor Warren Buffett as the second richest man in the world with an estimated net worth of US $ 53.1 Ã, billion compared to Buffett US $ 52.4 billion .

On August 4, 2007, The Wall Street Journal ran a cover story on Slim profiles. The article says, "While the market value of its shares in a public company can decline anytime, at a time when he may be richer than Bill Gates". According to The Wall Street Journal , Slim credit is part of its ability to "find investment opportunities" earlier to the writings of his friend, futurist writer Alvin Toffler.

On August 8, 2007, Fortune magazine reported that Slim had defeated Gates as the richest man in the world. Slim's estimate of wealth jumped to US $ 59 billion , based on its public ownership value at the end of July. Net worth of Gates is estimated at least US $ 58 Ã, billion .

On March 5, 2008, placed Slim as the second richest man in the world, behind Warren Buffett and in front of Bill Gates. On March 11, 2009, placed Slim as the third richest man in the world, behind Gates and Buffett and in front of Larry Ellison.

On March 10, 2010, Forbes again reported that Slim had defeated Gates as the world's richest man, with a net worth of US $ 53.5 billion . At that time, Gates and Buffett had a net worth of US $ 53 Ã, billion and US $ 47 of billion each. He was the first Mexican to top the list. This is the first time in 16 years that the person at the top of the list is not from the United States. It's also the first time that people on the top list come from "the new economy". Between 2008 and 2010, Slim more than doubled its net worth from $ 35 to $ 75 billion.

In March 2011 Forbes stated that Slim has retained its position as the richest man in the world, with his estimated fortune of US $ 74 Ã, billion .

In December 2012, according to Bloomberg Billionaires Index, Carlos Slim HelÃÆ'º remains the richest man in the world with an estimated net worth of US $ 75.5 billion .

On March 5, 2013, Forbes stated that Slim still retains its first position as the richest man in the world, with an estimated net worth of US $ 73 billion . On May 16, 2013, Bloomberg L.P. placing Slim as the second richest man in the world, after Bill Gates.

On July 15, 2014, Forbes announced that Slim has reclaimed the position of the world's richest man, with a wealth of US $ 79.6 billion .

In September 2014, Forbes listed Slim as number 1 on its billionaires list with a net worth of US $ 81.6 Ã, billion .

As of December 2016 its net worth was US $ 48.1 billion.

By 2017, its net worth is reported to be $ 54.5 billion.

Real estate

Living slim in a 6-bedroom house in the Lomas de Chapultepec district of Mexico City, close to where he grew up, which has been home to over 40 Ã, years. Slim real estate holding company, Inmobiliaria Carso develops, invests, owns and operates many residential and commercial properties throughout Mexico. The company has more than 20 shopping centers, including ten in Mexico City, and operates stores in the country under the US brand including the Mexican arms of Saks Fifth Avenue, Sears and Coffee Factory. Slim has made private real estate investments around the world, especially in the United States. He has reportedly acquired 417 Fifth Avenue, an 11-story office tower for US $ 140 Ã, million and also part of the former New York Times on West 43rd street. He controls about 8 acres of major Beverly Hills real estate on the corner of Wilshire and Santa Monica Boulevards. In May 2014 Slim opened Inbursa Aquarium, the largest aquarium in Latin America. Slim has a Duke Seamans mansion, a 1901 beaux art house on 5th Avenue in New York City, which he bought for $ 44 million in 2010. The house is 20,000 square feet and has 12 bedrooms, 14 bathrooms and a doctor's office in basement. In May 2015, he listed the property for sale for $ 80 million, almost double what he had paid. In April 2015, Slim purchased the Marquette House in Detroit and purchased the PepsiCo Americas Beverages headquarters in Somers, New York for US $ 87 Ã, million . Slim has a second home in New York City on 10 W. 56th St, which was rented early in 2015 to John Barrett Salon for US $ 1.5 Ã, million every year. This property was purchased in 2011 for US $ 15.5 Ã, million .

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Philanthropy

Slim is openly skeptical of The Giving Pledge by Bill Gates and Warren Buffett giving at least half of their wealth. But - according to his spokesman - he devoted US $ 4 Ã, billion , or about 5%, to Carlos Slim foundation in 2011. Although Slim has not reached As far Gates and Buffett in promising more than half of his fortune, Slim has expressed strong support for philanthropy and has advised novice entrepreneurs that entrepreneurs should do more than give? -? they "must participate in solving problems". Slim has channeled his philanthropic efforts to many initiatives such as funding genomic drug research projects, subsidizing various arts and education projects in Mexico City, including Museo Soumaya (named after his late wife), featuring his art collection at no registration fee.

Slim founded three nonprofit foundations concentrating in Mexico City: one for art, education, and health care; one for sport; and another for the downtown restoration.

FundaciÃÆ'³n Carlos Slim HelÃÆ'º

Established in 1986 FundaciÃÆ'³n Carlos Slim HelÃÆ'º sponsored Museo Soumaya in Mexico City, named after the late Slim's wife Soumaya Domit, opened in 2011. It has 66,000 pieces, including religious relics, containing the world's second largest collection of Rodin Statues , including The Kiss, the largest collection of Dalá in Latin America, by Leonardo da Vinci, Pablo Picasso, Pierre-Auguste Renoir, and coins from the Spanish viceroy. The inauguration in 2011 was attended by Mexican Presidents, Nobel Prize winners, writers and other celebrities.

Having declared that he has contributed US $ 4 Ã, billion of dividends to FundaciÃÆ'³n Carlos Slim HelÃÆ'º , US $ 2 billion in 2006, and others US $ 2 Ã, billion in 2010, Slim was fifth in Forbes' World's Biggest Givers in May 2011. Education and health care projects have included $ 100 million to conduct 50,000 cataract surgeries in Peru through the Clinton Initiative, a fund of US $ 20 million span > to strengthen small and medium-sized businesses in Colombia, and a digital youth education program in Mexico, US $ 150 Ã, million for nutrition prevention programs and disease in Central America with Bill & amp; The Melinda Gates Foundation and the Spanish government, span $ 50 Ã, million to work with the World Wildlife Fund on the recovery of six regions for species in Mexico, including butterflies -kupu raja and US $ 100 Ã, million on the educational program for young people through Alas Foundation owned by singer from Spain, Shakira.

FundaciÃÆ'³n Telmex

In 1995 Slim founded the FundaciÃÆ'³n Telmex , a vast philanthropic foundation, which since its inception in 2007 has been awarded an asset base of US $ 4 billion to build < i> Carso Institutes for Health, Sports and Education . Furthermore, it is to support the initiative of Bill Clinton to help the people of Latin America. Since Mexican foundations are not required to publish their financial information, it is impossible to confirm Slim's claim of charitable giving through public sources. The Foundation has hosted a Copa Telmex, an amateur sport tournament, recognized in 2007 and 2008 by Guinness World Records as the most participants of such tournaments in the world. Together with FundaciÃÆ'³n Carlos Slim HelÃÆ'º, Telmex announced in 2008 that it will invest more than US $ 250 Ã, million in the Mexican sports program, from grassroots level up to Olympic standards. Telmex sponsors the Sauber F1 team for the 2011 season. Telmex donates at least $ 1 million to the Clinton Foundation.

Fundamentals of FundaciÃÆ'³n del Centro FundaciÃÆ'³n del Centro HistÃÆ'³rico de la Ciudad de MÃÆ'Ã… © xico AC

In 2000, Slim and former broadcaster Jacobo Zabludowsky hosted the Fundación del Centro HistÃÆ'³rico de la Ciudad de MÃÆ'Ã… © xico AC (Mexico City Historic Center) to revitalize and save Mexico City's historic city center to allow for more people to live, work and find entertainment there. He has been Chairman of the Board for the Restoration of Mexico's Historic City Center since 2001.

In 2011, he, along with the Mexican president, the mayor of Mexico City, and the archbishop of Mexico City, inaugurated the first phase of Plaza Mariana near the Basilica de Guadalupe. The complex, whose construction is funded by Slim, includes evangelization centers, museums, columbariums, health centers, and markets.

Billionaire Carlos Slim and His Total Fortune - Luxurios Mexico's Blog
src: richmex.com


Awards

  • Achievement of Entrepreneurial Partnership Medal in 1985 from the Mexican Chamber of Commerce.
  • Commander in the Belgian Order of Leopold II
  • CEO of 2003 by Latin Trade magazine
  • CEO in the 2004 decade by Latin Trade magazine
  • Fundacion Telmex received in 2007 Mexico National Sports Prize for sports promotion
  • In 2008, his philanthropy was recognized with the National Order of the Cedar award by the Lebanese government.
  • In 2011, the American Hispanic Society gave Dana Carlos Slim a Sorolla Medal for her contribution to arts and culture
  • On May 20, 2012. Slim was awarded an honorary doctorate in public service from George Washington University.

carlos-slim1.jpg
src: www.sopitas.com


Criticism

The increased Slim wealth has become controversial, as it has been collected in developing countries where average per capita income does not exceed $ 14,500 a year, and almost 17% of the population lives in poverty. Critics claim that Slim is a monopoly, pointing to Telmex's control of 90% of Mexico's landline phone market. Slim Wealth is equivalent to about 5% of Mexico's annual economic output. Telmex, of which 49.1% is owned by Slim and his family, is among the highest cost of use in the world, according to the Organization for Economic Cooperation and Development. The average Mexicans spend 1.50 pesos per day on Slim goods and services for a total of approximately US $ 140 Ã, million a day and Federal Telecommunications Institute, the new government of Mexican anti-monopoly supervisors said in April 2014 that Slim's telecommunications business is a monopoly. The presence of Slim business in Mexico itself is so vast that many Mexicans find it appropriate to call the "Slimlandia" country as it is almost impossible to go a day in Mexico without contributing to Slim's wealth.

According to Celso Garrido, economist at Universidad Nacional AutÃÆ'³noma de MÃÆ'Ã… © xico, Slim dominance over Mexican conglomerates prevented the growth of smaller companies, resulting in a shortage of paying jobs, forcing many Mexicans to seek a better life in the US.

In response to these criticisms, Slim has stated, "When you live for the opinions of others, you are dead, I do not want to live thinking about how I will be remembered" by Mexicans who claim to be ignorant about his position on Forbes list of the richest people in the world. He said he was not interested in becoming the richest man in the world. When asked to explain his sudden increase in wealth at a press conference as soon as the Forbes annual ranking was published, he said, "The stock market is rising... and down", and notes that its wealth may go down quickly.

Slim was criticized by Minister for Economic Affairs of the Netherlands, Henk Kamp, in 2013 for trying to expand the telecommunications empire outside the United States by offering Amà © rica MÃÆ'³vil to KPN, the Dutch cellular phone company and privately owned privately-owned telecommunications company in the 1990s, stating "acquisition KPN by 'foreign companies' could have consequences for the national security of the Netherlands ". Two years after Slim's failed bid to take over the company mainly due to political intervention and Slim's lack of interest in buying the company, Slim's America Movil SAB began offering 2.25 billion euros of bonds that could be converted into Royal KPN shares NV. America Movil now controls 21.1 percent of KPN shares with a market value of 3.1 Ã,/span> billion euros on May 20, 2015. Slim is slowly reducing its holdings because he was forced to withdraw 7.2 billion euros bargain for phone operators the Dutch channel in 2013 after failed negotiations and the KPN preference stock foundation blocked the takeover attempt.

Carlos Slim Helú - - Biography
src: www.biography.com


References


El Nuevo Aeropuerto detonará el desarrollo del país: Carlos Slim
src: cdn.forbes.com.mx


External links

  • Official website
  • Carlos Slim at Bloomberg L.P.

Source of the article : Wikipedia

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