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So it's not surprising that Eduardo Garcia, one of Mexico's most respected business journalists and the editor-founder of the online financial...
On July 25, , Slim's investment group Control Empresarial de Capitales invested in IMatchative, a technology startup that ranks the world's hedge funds creating in-depth behavioral profiles and business analytics. Carlos Slim in Retrieved April 10, The New York Times Company. As many banks were struggling and foreign investors were cutting back on investing and scurrying, Slim began investing heavily and bought many flagship companies at depressed valuations.
With proceeds from the store, he would go on to buy prime real estate in Mexico City for a pittance during the Mexican Revolution.
- CARLOS SLIM HELÚ IS ONE OF THE RICHEST PEOPLE IN THE WORLD. TELMEX, FOR EXAMPLE,...
- BORN TO A LEBANESE IMMIGRANT, CARLOS SLIM HELU RECEIVED A CIVIL ENGINEERING DEGREE AT THE NATIONAL AUTONOMOUS UNIVERSITY OF MEXICO...
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Imagine if the grocery store, the cell phone provider, and biggest national construction outfit were all owned by the same company. You could buy just about anything and never have to enrich any competitors. Carlos Slim was born on Jan. The family was part of a small but commercially prosperous community of Lebanese Christians who poured into Mexico in the late s and early s.
With proceeds from the store, he would go on to buy prime real estate in Mexico City for a pittance during the Mexican Revolution. And his father happily obliged with business lessons about management, reading financial statements and keeping accurate financial records.
In , when Carlos was only 13 years old, his father died. When Slim graduated high school, he went on to the National Autonomous University of Mexico, where he studied civil engineering while teaching algebra and linear programming. While studying civil engineering, Slim also took an interest in economics, taking a series of courses on the subject in Chile after he graduated in He went into finance shortly afterward, working long, grueling days as a stock trader in Mexico City.
One of his biggest opportunities was the peso crisis in the early s, coupled with a steep decline in oil prices. Capital was fleeing the country, and Slim bought a number of companies at depressed valuations.
Perhaps the biggest piece of Slim's wealth comes from telecommunications.
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- How Carlos Slim built his fortune | Investopedia
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- Carlos Slim - Wikipedia
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