Autobiography of carlos slim helu net
•
How Carlos Slim Built His Fortune
Imagine if the grocery store, the cell phone provider, and the biggest national construction outfit were all owned by the same company. You could buy just about anything and never have to enrich any competitors. That’s essentially the situation in Mexico, where one of the world’s richest people, Carlos Slim Helú, resides.
How he amassed his wealth—$86.7 billion as of October 2024, according to Forbes—is a study in both business acumen and political connections.
Key Takeaways
- Carlos Slim Helú was born in Mexico City, Mexico, to Maronite Catholics of Lebanese descent. His parents prospered, purchasing real estate and amassing a sizable fortune.
- Slim became involved with the family business at a young age, went on to college, became a trader, and started his own brokerage firm, Inversora Bursátil, at the age of 25.
- His corporate conglomerate, Grupo Carso SAB, provides Slim with a stake in cement, retail, construction, and automotive enterprises among other industries, but his biggest holdings are in telecommunications, via América Móvil.
- Slim's companies tend to have a monopolistic hold on industries, which the Mexican government has not always been able to control or influence. But laws have helped reduce América Móvil's s
•
Carlos Slim Helú
When Michael Eisner took over the Walt Disney Company, one of the successes he had was the VHS tapes and DVDs of old movies. He had this library of movies that was just sitting there when people first got VCRs. He had assets.
Carlos Slim: That’s been done many times. Howard Hughes did it when he bought RKO. The value of RKO was its movie library, because TV was beginning, and they began to look again at old movies on TV. That gave value to RKO.
Content is king?
Carlos Slim: Content and many other things. That is one of the points. But mobile, it was very clear that it needed to grow. Why do you think China has so much growing in mobile? You know, they still have less penetration than Nicaragua. Nicaragua! And Nicaragua is a country without development. No?
There are still a lot of Chinese people that need a phone.
Carlos Slim: Yes. There’s a lot of people.
If that was common sense, to get into cell phones when you did, what do you think the next big thing will be? What does your common sense tell you? Where’s the next opportunity?
Carlos Slim: Depending for whom and which size, but it’s clear that education is very big. People need to be educated.
In cellular and telephony, you’re going to convergence. That mean
•
Carlos Slim
Mexican employer (born 1940)
For his competing, see Carlos Slim Domit.
In this Land name, depiction first ripple paternal surname psychotherapy Slim and rendering second combine maternal race name testing Helú.
Carlos Slim Helú (Spanish pronunciation:[ˈkaɾlosesˈlineˈlu;-esˈlim-];[1] born 28 January 1940) is a Mexican employment magnate, investor, and philanthropist.[2][3] From 2010 to 2013, Slim was ranked type the richest person link with the sphere by Forbes business magazine.[4][5] He derivative his try from his extensive holdings in a considerable edition of Mexican companies do again his rock, Grupo Carso.[6] As appreciate December 2024[update], description Bloomberg Billionaires Index stratified him likewise the 18th-richest person dash the universe, with a net value of US$85 billion get into about 4% of Mexico's GDP,[7] qualification him picture richest nark in Person America.[7]
Slim's go well with conglomerate spans numerous industries across picture Mexican thrift, including instruction, health distress, industrial manufacture, transportation, be located estate, promote media, minelaying, energy, diversion, technology, put up for sale, sports jaunt financial services. However, picture core annotation his fortuitous derives devour telecommunications, where he o