Carlos Slim Helu net worth, How did the businessman acquire his wealth? Check this article to find out more about Carlos Slim Helu Net Worth, his career and relationship.
About Carlos Slim Helu
Carlos Slim Helu is a multi-billionaire investor and humanitarian from Mexico. He has been given the title the wealthiest man in the world by ‘Forbes’ magazine numerous times and currently owns well over 200 businesses worldwide.
Having begun investing his money straight out of college, he now is an extremely wealthy man that is able to donate a considerable amount of his fortune to charities that help numerous different causes.
As of 2019, Carlos Slim Helu net worth is $56 billion. Read on to find out more about Carlos Slim Helu net worth.
|Full Name:||Carlos Slim Helu|
|Date of Birth:||January 28, 1940|
|Net Worth:||$56 billion|
Carlos Slim Helu Early Life and Career
Carlos Slim Helu was born in Mexico City, Mexico on January 28, 1940, to Lebanese parents along with five other siblings.
Carlos’ father was a successful business owner and had taught all of his children about business at a very young age. When he was only 12 years old, he had already invested in a national bank’s shares.
After his father’s death in 1953, Carlos continued to work for his business until the age of 17.
He went to the National Autonomous University of Mexico and studied civil engineering. While at school he was also teaching algebra and linear programming but went into the business industry immediately after graduating.
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Having received numerous years of business training from his father, Carlos began his career by starting his own brokerage. He would invest in small individual businesses, and by the year 1965, he had grown his business enough that he could incorporate other companies or even buy them out entirely.
Although he did invest his money in numerous different kinds of businesses, he mainly focused on mining, real estate, and construction and by 1966 he was estimated to be worth around $40 million.
He continued to invest his funds, and by 1980 he had unified his shares into a parent company called ‘Grupo Galas.’
In 1982 the prices of oil dropped immensely which caused the Mexican economy to suffer greatly.
This led to him expand his shares and investing in international companies, he soon had a 50% share in ‘The Hershey Company.’
In 1990 he continued to extend his control to the telephone communication companies in hopes of soon acquiring the Mexican phone company ‘Telmex’ from the government. After he obtained the company, he soon developed a US version of ‘Telmex,’ and he even purchased a stake in the US mobile company ‘Tracfone.’
After going through heart surgery, he began to pass on some of his daily work to his children and backed away from the business life.
In the 2000s Carlos continued to invest in some of the biggest companies in the world including ‘The New York Times Company,’ ‘Volaris,’ ‘Saks Fifth Avenue’ and ‘Telekom Austria.’
By January of 2015, Carlos Slim Helu had become ‘The New York Times Company’s’ largest individual shareholder.
Carlos Slim Helu Net Worth
As of 2019, Carlos Slim Helu net worth is one of the highest among businessmen in the world, with a net worth of $56 billion.
Carlos Slim Helu is one of the wealthiest men in the world and has spent nearly his entire lifetime in the business industry. Having made his first investment at the age of 12, he now is a multi-billionaire who owns stakes in some of the biggest companies in the world.
Carlos Slim Helu Personal Life
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