3. Introduction
3
Carlos Slim Helú born January 28, 1940 is a
Mexican business magnate and philanthropist.
Who is of 2012, is the richest person in the world
for the third year in a row from 2010.
Net worth of Carlos Slim is US$ 69 billion in 2012.
April 9, 2012
4. Early Years
4
Slim was born in Mexico City, Mexico in 1940 to
Maronite Christian parents Julián Slim Haddad
and Linda Helú, both of Lebanese descent.
He invested in Government saving bonds at the
age of 11, tracking his purchases in a detailed
ledger.
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5. Cont.
5
Slim took his civil engineering at the National
Autonomous University of Mexico.
By the age of 26, in 1966, Mr Slim was worth a
$40m through a series of investments and
acquisitions.
In 1966, Slim got married to Soumaya Domit
Gemayel.
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6. TELMAX
6
Telmex was founded in 1947 when a group of
Mexican investors bought Swedish Ericsson's
Mexican branch
Is a telecommunications company
headquartered in Mexico City.
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7. Cont.
7
Telmax provides telecommunications products
and services in Maxico, Agentina, Colombia,
Brazil and other countries in Latin America.
Telmex owns 90 percent of the telephone lines
in Mexico city.
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8. American Movil
8
It was founded in 2000
Is a Mexican telecommunication company
headquartered in Mexico City, Mexico.
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9. Cont.
9
It is the third largest mobile network operator in
terms of equity subscribers, one of the largest
corporations in Latin America, and the world.
Is provide Fixed-line and mobile telephony,
broadband and fixed-line internet services.
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10. Grupo Carso
10
It was formed in 1990.
The name Carso stands for Carlos Slim
and Soumaya Domit de Slim, his late wife.
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11. Cont.
11
In 2007, the conglomerate was worth over $6
billion US dollars and held the largest
telecommunications company in Latin America
under its belt of companies.
It provide Industrial, Media, Retail,
Telecommunication services.
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12. Financial Aspects
12
On March 29, 2007, Slim surpassed Warren Buffett
as the world's second richest person with an
estimated net worth of $53.1 billion compared to
Buffet's $52.4 billion.
On August 8, 2007, Fortune reported that Slim had
overtaken Gates as the world's richest man. Slim's
estimated fortune soared to $59 billion, based on
the value of his public holdings.
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13. Cont.
13
On March 5, 2008, Forbes ranked Slim as the
world's second-richest person, behind Warren
Buffett and ahead of Bill Gates.
On March 11, 2009, Forbes ranked Slim as the
world's third-richest person, behind Gates and
Buffett and ahead of Lawrence Ellison.
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14. Cont.
14
On March 10, 2010, Forbes once again reported
that Slim had overtaken Gates as the world's
richest man, with a net worth of $53.5 billion.
Gates and Buffett now have a net worth of
$53 billion and $47 billion respectively.
In March 2011, Forbes stated that Slim had
maintained his position as the wealthiest person in
the world, with his fortune estimated at $74 billion.
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15. Criticism and Awards
15
Critics claim that Slim is a monopolist, pointing to
Telmex's control of 90% of the Mexican landline
telephone market.
According to Professor Celso Garrido, an
economist at the National Autonomous
University of Mexico, Slim's domination of
Mexico's conglomerates prevents the growth of
smaller companies,
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16. Cont.
16
Mr. Carlos Slim Helú was awarded Red Cross
Badge of Honor and Merit due to his long-
standing humanitarian trajectory.
Slim has been awarded the Entrepreneurial Merit
Medal of Honor from Mexico's
Chamber of Commerce.
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17. Cont.
17
In 2008 his philanthropy was recognised with the
award of The National Order of the Cedar by the
Lebanese government.
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18. Philanthropy and Achievements
18
In 1995 he established Fundación Telmex, a broad-
ranging philanthropic foundation.
Fundación Carlos Slim Helú sponsors the
Museo Soumaya in Mexico City which contains the
world's second-largest (and largest private)
collection of Rodin sculptures, including The Kiss.
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19. Cont.
19
In 2000, Slim, along with ex-broadcaster
Jacobo Zabludowsky organized the Mexico City
Historic Downtown Foundation.
President Bill Clinton, Frank Giustra and Carlos
Slim Launch a 20 million Dollar Fund for Small
and Medium-Size Firms (SMFs) in Haiti.
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20. Cont.
20
Slim has been vice-president of the
Mexican Stock Exchange and president of the
Mexican Association of Brokerage Houses.
He was the first president of the Latin-American
Committee of the New York Stock Exchange
Administration Council, from 1996 to1998.
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21. Cont.
21
Slim was on the Board of Directors of the Altria
Group (previously known as Philip Morris) until
his resignation in April 2006.
Slim was also on the Board of Directors of Alcatel
.
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22. Cont.
22
In 2008 it was reported that Slim had shown an
interest in buying the Honda Formula One team.
Telmex is sponsoring the Sauber F1 team for the
2011 season
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23. Some Unknown Facts About Slim
23
Slim is the first “World's Richest” man from a
developing nation.
Slim, as an owner of more than 220 companies in
telecommunications, banking, railways, and restaurants (to
name a few), saw his fortune swell by $18.5 billion
In Mexico, Slim is “Mr. Monopoly”.
The Wall Street Journal once quipped that "
it's hard to spend a day in Mexico and not put money in Slim's pock
.” Slim's phone company Telmex, controls 80 percent of the
landlines
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24. Cont.
24
Slim bailed out The New York Times.
In addition to owning 6.9 percent of The New York Times
Company, Slim loaned the struggling publisher $250 million
last year, essentially saving it from financial ruin.
Slim loves baseball.
While soccer remains Mexico's most popular sport, Slim has
an avid affinity for baseball — especially the New York
Yankees.
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25. Cont…
25
In the U.S., he'd be a “trillionaire”.
Carlos Slim's net worth is equivalent to about 7 percent of
Mexico's GDP. For Bill Gates to have the same grip on the
U.S. economy, Gates would have to be worth "909 billion"
and own "Alcoa, Phillip Morris, Sears, Best Buy, TGIFriday's,
Dunkin' Donuts, Marriott, Citibank, and JetBlue."
He is famously frugal.
From a young age, Slim has practiced simple living style. He
still lives in the same modest 6-bedroom home where he's
resided for the past three decades. His cramped bedroom is
"the size of a Manhattan hotel room."
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26. 26
“Wealth is like an orchard. You have to share the
fruit, not the trees.”
April 9, 2012