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Carlos Slim

Shtefko Kraljevic Speaking Class. Carlos Slim. Carlos Slim. He was born in Mexico City in 1940. The second most rich person in the World (Fortune) ‏ With a net worth of around U.S. $60 billion through his holdings. Carlos Slim. His father, Julian, traveled from Lebanon to Mexico in 1902.

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Carlos Slim

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  1. Shtefko Kraljevic Speaking Class Carlos Slim

  2. Carlos Slim • He was born in Mexico City in 1940. • The second most rich person in the World (Fortune)‏ • With a net worth of around U.S. $60 billion through his holdings.

  3. Carlos Slim • His father, Julian, traveled from Lebanon to Mexico in 1902. • He opened a small store in the south of Mexico City. • Through hard work and shrewd investments he became a successful businessman.

  4. Carlos Slim • Slim became an engineer at the National Autonomous University of Mexico. Known as UNAM. • He helped his father on his family business until 1965.

  5. Carlos Slim • In 1965 he got married. • In 1966 he established Grupo Carso, whose name combines the first two syllables of Carlos and Soumaya (his wife) and started to grow slowly until 1990.

  6. Carlos Slim • During this time, Carlos, and his holding company had bought many campanies of all kinds including mines, real state, investments and insurance. • He also found the Carso foundation which helps people from Mexico in many ways.

  7. Carlos Slim • In 1990 his fortune was of about 10 millions. • At year-end, the company wins the bid to acquire Telmex, after which Carso Global Telecom, the holding company for Telmex, is created. The brand Telcel is also created.

  8. Carlos Slim • Slim took advantage of a Mexico's political problem and bought Seguros de Mexico, Mexico's largest insurer, for just $44 million. • Slim knows very well how "putting together monopolies" can make real money.

  9. Carlos Slim • His most famous and profitable company was created in 2000, America Movil. • América Móvil wireless service operates in 16 countries and provides phone service to more than 137 million customers.

  10. Carlos Slim • Change Indicators

  11. millions of dollars Carlos Slim NET INCOME

  12. Carlos Slim • Slim's holdings (Grupo Carso) include five insurance companies (valued at $1.5 billion), a Mexican retail chain (pretax annual profit, $500 million), a mining company, an auto parts manufacturing company, a bank, a tobacco company, oh, and another mining company. • Saks Fifth Avenue and CompUSA are some companies Slim owns in the USA.

  13. Carlos Slim • Fundacion Carso will pursue its supporting program with an initial asset of 4 billion dollars, and will create three Carso Institutes: Health, Sports and Education. • This Foundation has already donated 100 million dollars in many countries in Latin America and the Caribbean.

  14. Carlos Slim • In Latin America almost everything seems related to Carlos Slim. If you buy a car, a house, health insurance, a cup of coffee, or just use your cell phone, you are probably interacting with his business empire. • “When we decide to do something, we do it quickly” • Carlos Slim

  15. Carlos Slim • References • CarlosSlim.com • Wikipedia.org • Fortune.com • Money.CNN.com • AmericaMovil.com • GrupoCarso.com

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