Carlos Slim Net Worth

Carlos Slim

Introduction Carlos Slim

Carlos Slim He is a Mexican business magnate and philanthropist who is considered one of the richest people in the world. As of 2021, his net worth is estimated to be around $67.1 billion, making him the 16th wealthiest person on the planet. In this article, we will explore Carlos Slim life and how he amassed his fortune.

Early Years and Education

Carlos Slim was born on January 28, 1940, in Mexico City, Mexico. His parents were both immigrants from Lebanon who had moved to Mexico in the early 20th century. Slim father owned a dry goods store, and Slim worked there from a young age, learning valuable business skills.

Slim attended the National Autonomous University of Mexico, where he studied engineering. After graduation, he worked for his father's business for a few years before founding his own company, Invertor Bursatil, in 1965.

Telecom Empire

In the late 1980s and early 1990s, Slim began investing heavily in the telecommunications industry. He purchased Telmex, the state-owned telephone company in Mexico, and turned it into a highly profitable enterprise. He also invested in other telecom companies around the world, including Telefónica in Spain and América Movies, which is now one of the largest wireless carriers in Latin America.

Slim success in the telecom industry has made him one of the wealthiest people in the world. He also owns a diverse range of other businesses, including retail, mining, and real estate.

Philanthropy

In addition to his business empire, Slim is also known for his philanthropy. The Carlos Slim Foundation supports a wide range of causes, including education, health care, and culture. The foundation has donated millions of dollars to various projects around the world, including the reconstruction of Mexico City’s historic downtown district and the creation of a scholarship program for low-income students in Mexico.

Personal Life

Slim is a family man and has six children with his late wife Soumaya Domit. He is also a lover of art and has an extensive collection of works by Mexican artists, which he displays in his own museum in Mexico City.

Conclusion

Carlos Slim net worth is a result of his decades-long career as a businessman and investor. He is a self-made billionaire who has had a profound impact on the telecom industry in Mexico and beyond. His philanthropic work has also touched the lives of many people around the world, making him a respected figure in both the business and charitable worlds. Carlos Slim life and legacy serve as an inspiration to those who aspire to achieve success through hard work, dedication, and a commitment to giving back to their communities.