Carlos Slim Net Worth 2018

Carlos Slim net worth in 2018 is something of interest to the public considering he is the seventh richest person on the planet today and Mexico richest man. Carlos Slim is an investor, an engineer by profession, a humanitarian and a business magnate who hails from Mexico.

Between 2010 and 2013 Carlos Slim topped the list of the world’s richest men. He has amassed such an enormous amount of fortune from the global conglomerate company Grupo Carso which include investments in real estate, sports, education, energy, financial services, sports, industrial manufacturing, and Carso global telecom among others. Today we shall look at Carlos Slim net worth and also go deeper and reveal a few things you probably don’t know about Carlos Slim.

Early Life

Carlos Slim Net Worth 2019

Carlos Slim Helú is the name given to him by his parents Linda Helu Atta and Julian Slim Haddad when he was born in Mexico City in 1940. He has five other siblings though one is already deceased. Slim studied civil engineering at the National Autonomous University of Mexico then upon graduation studied some economic courses in Chile. His father was a businessman who used to give him financial lessons, management lessons and some accounting lessons when he was a young boy.

Personal Life

On his relationship life, Carlos has married to Soumaya Domit a reunion that lasted between 1967 until her death in 1999. He has six children many of them taking part in the daily management of their father’s business empire.

Career

Carlos business career started off when he was a young boy. At the age of 12, he purchased stocks of Mexican bank which is the largest Mexico bank. Here he learnt the concept of compound interest. In 1960’s just after graduation he became a stock trader and started off by establishing a stock brokerage Inversora Bursatil with the $400,000 he had made. In 1965 he bought Jarritos Del Sur which was worth around $40 million and established Inmobiliaria Carso.

In 1970’s through Slim’s Grupo he had established companies in the mining, soft drink, construction, real estate, airlines, tobacco, manufacturing cement, hotels, telecommunications, paper and packaging industries. He even became the major shareholder of Cigarros Tabacalera Mexicana which was the major producer of cigarettes in the country. In the 1980s after the Mexican economy suffered a downward growth, he took advantage of the situation and bought many companies at a depressed valuations. He used this tactic for years where he would buy the troubled assets at a depressed price then resell it in future after its value has appreciated.

Some of the businesses Slim bought and controls are Empresas Frisco for $50 million, Industrias Nacobre, Compania Hulera Euzkadi, Bimex hotels, Seguros de Mexico, British American Tobacco Mexican arm, The Hershey Company, Denny’s, Firestone Tires, Casa de Bolsa Inbursa, Nacobre group of companies and many others.

After buying nearly everything in Mexico, he decided to invest overseas and some of the companies he has a significant stake on are such as CompUSA, OfficeMax, America Movil, Volaris, New York Times Company, Shazam, Mobli, Telekom Austria, and Philosophy Jr. Studio and many others.

On Awards and Achievements awarded to Carlos Slim here are some of them. Entrepreneurial Merit Medal of Honor in 1985 from Mexico’s Chamber of Commerce. Commander in the Belgian Order of Leopold II. The National Order of the Cedar. Honorary doctorate from George Washington University. Sorolla Medal and the CEO of the year award.

Net Worth, Salary & Income

Carlos slim net worth is estimated to be around $62.8 billion. The $62.8 billion makes Carlos Slim the richest man in Mexico and the seventh richest man in the world today. The source of Carlos Slim net worth fortune is vast businesses where he has invested in many businesses in his country Mexico and overseas.

Some of the business which he controls today are Telmex, America Movil, and its said that 50% of the listings on the Mexican Stock Exchange are companies which he has a stake in. Grup Carso conglomerate owns and operates companies in construction, healthcare, consumer goods, education, real estate, mining, airlines, technology, financial services and a list of numerous more. In 2010, 2011, 2012, 2013, 2014, Carlos Slim net worth made him at some instances the wealthiest person in the world although his position has been trickling downwards over the recent years.

8 Facts You Need To Know About Carlos Slim

The name Carlos Slim Helu might not be a new name to you considering he is the richest man in Mexico today and today the seventh richest man on the planet though on several occasions he has taken the title of the world’s richest man. Today regardless of how much you know about him here are a few things you probably don’t know about Carlos Slim.

1. He is a Lebanese even though he was born in Mexico since the parents are both Lebanese.

2. He is until now a widower and has never remarried again after his wife died.

3. Carlos Slim is the first person from the developing world to top the list of the world’s richest man.

4. Did you know that in his office he doesn’t have a computer and prefers to keep all his records in a notebook where he writes down everything? That doesn’t mean he doesn’t know how to use a computer.

5. Slim loves baseball, and he is usually crazy about the game.

6. Did you know that travelling and luxury is not his way of living and funny enough his only home is located in Mexico?

7. Assuming you know the French sculptor Auguste Rodin, Carlos Slim has the largest private collection in the globe for his work.

8. Apart from learning the skills of business from his father he learnt a very valuable lesson of spotting opportunities by reading a book by Alvin Toffler called Revolutionary Wealth.

Carlos Slim net worth has been growing over the years, and it seems in 2019 analysis the figures will be higher although he might never reclaim the top position as the world’s richest man but who knows about tomorrow.

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