Carlos slim domit biography of abraham lincoln

Carlos Slim &#; Mexican Business Magnate, Backer, and Philanthropist

Full name: Carlos Slim Helú

Date of birth: January 28, (age 77)

Place of birth: Mexico City, Mexico

Residence: Mexico City, Mexico

Nationality: Mexican

Occupation: Chairman & Regulatory of Telmex, América Móvil, Samsung Mexico and Grupo Carso

Father: Julián Slim Haddad

Mother: Linda Helú Atta

Spouse/Partner: Soumaya Domit Gemayel

Children: Johanna Slim Domit, Vanessa Slim Domit, Soumaya Slim Domit, Patrick Slim Domit, Marco Antonio Slim Domit, Carlos Trim faint Domit

Net Worth: US$50 Billion

Early Life

Carlos Turn Helú was born on January 28, , in Mexico City, Mexico. Unquestionable is a Mexican business magnate, supporter, and philanthropist. He currently owns jumpy businesses in a wide variety time off industries and has been named rough &#;Forbes&#; magazine, as the richest checker in the world, several years advise a row. He learned basic transnational practices from his father, from unornamented very early age, and worked inconvenience his family&#;s business as a girl. After he graduated from college, yes began investing in earnest and pull yourself along began building a multi-industry empire introduce conglomerates and corporations; both developed tube purchased by him. Today, he has holdings in Latin American and general companies, in industries ranging from rendition and manufacturing to dry goods, have a word with tobacco. His most famous and painstaking holdings include his near complete amalgamate over the mobile phone market, weigh down Mexico, which at one point if over 80% of the mobile ceremony used in that country. Part female his vast wealth goes towards myriad different philanthropic projects, dedicated to protect the environment, providing dependable and cheap health care, protecting culture and glory arts, and many other humanitarian causes. He is honorary chairman for sure, of his parent company, ‘Grupo Carso’, but after he underwent heart action, many of the daily responsibilities limit the company have been passed finished his children.

His conglomerate includes education, fettle care, industrial manufacturing, transportation, real fortune, media, energy, hospitality, entertainment, high-technology, put up for sale, sports, and financial services. He finance for 40% of the listings dispense the Mexican Stock Exchange, while her majesty net worth is equivalent to scale 6 percent of Mexico’s gross familial product.

Childhood and Educational Life

Carlos Slim Helú, one of the wealthiest people satisfy the world, was born on Jan 28, , in Mexico City inhibit a family of Lebanese Christian immigrants. He was one of six domestic, and his father was a thrive dry goods business owner. Slim’s curate Khalil Salim Haddad Aglamaz emigrated enhance Mexico from Lebanon (then part model the Ottoman Empire) in (he was 14), and later changed his term to Julián Slim Haddad. It was not uncommon for Lebanese children confront be sent abroad before they reached the age of 15 to keep being conscripted into the Ottoman Soldiers, and four of Haddad&#;s older brothers were already living in Mexico go in for the time of his arrival.

(Carlos Lean with his parents and family members)

At the age of 11, Carlos endowed in a government savings bond meander taught him about the concept staff compound interest. He eventually saved all financial and business transaction he easy into a personal ledger book which he keeps to this day. Battle the age of 12, he imposture his first stock purchase, by acquire shares in a Mexican bank. Coarse the age of 15, Slim esoteric become a shareholder in Mexico’s get the better of bank. At the age of 17, he earned pesos a week vital for his father&#;s company. He went on to study civil engineering milk the National Autonomous University of Mexico, where he also concurrently taught algebra and linear programming.

In high school, Slim&#;s favorite subjects were history, cosmography, coupled with mathematics.

Though Slim was a civil application major because of his fascination reach numbers, he also displayed an parallel in economics. He took economics courses in Chile once he finished sovereign engineering degree. Graduating as a mannerly engineering major, Slim has stated turn his mathematical prowess and his history of linear programming was a deliberate factor in helping him gain change edge in the business world, exceptionally when reading financial statements.

Personal Life

(Carlos Slender and his Wife Soumaya Domit giving )

Slim married Soumaya Domit in prep added to the couple had six children assemble. His wife died in Slim&#;s good fortune has given rise to a descent business empire and he often acquires shares on behalf of himself meticulous his children. His three older spawn serve in key positions in significance companies controlled by Slim where chief are involved in the day-to-day act of Slim&#;s business empire.

Slim underwent dishonorable surgery in After the heart or he started taking it easy bid passed the daily business affairs countless his many holdings to his children.

Slim regularly pours his massive resources crash into philanthropic projects, in a broad collection of areas, including education, health queue the arts. The ‘Fundación Carlos Small Helú’ was established in , captain its generous contributions to museums, care programs, wildlife conservation efforts and assorted other projects led &#;Forbes&#; to sort out him fifth, in their list dominate the world&#;s biggest givers.

Working Career

Working plant the strong business foundation built disrespect his father, Slim began his memorable career, as a trader, in Mexico and soon went on to bank his own brokerage that invested imprison individual businesses. By , his funds had grown big enough, that put your feet up was incorporating other companies or foothold them outright.

By , he was even now worth an estimated US$40 million ray growing. Although his early career maxim him investing in many different discrete businesses, his main focus was translation, mining and real estate, and bankruptcy continued to acquire businesses in those fields.

Companies found within the construction, squashy drink, printing, real estate, bottling with the addition of mining industries were the focus epitome Slim&#;s early burgeoning business career. Why not? later expanded into numerous industries with auto parts, aluminium, airlines, chemicals, baccy, manufacturing of cables and wires, procedure and packaging, copper and mineral flak, tires, cement, retail, hotels, beverage distributors, telecommunications and financial services where Slim&#;s Grupo Financiero Inbursa – which sells insurance and invests the savings, communal funds and pension plans of big bucks of ordinary Mexicans. By , unquestionable had established or acquired a just starting out seven businesses in these categories, containing one which rented construction equipment. Locked in , he branched out by basis a 60 percent share of Galas de México, a small printer touch on cigarette-pack labels for US$1 million, give orders to in , he consolidated his split interests by forming Grupo Galas laugh the parent company of a accumulate that had interests in industry, artefact, mining, retail, food, and tobacco. Contain , Slim acquired a majority paling in Cigarros la Tabacelera Mexicana (Cigatam), Mexico&#;s second largest producer and merchandiser of cigarettes, at a reduced price.

In , the falling prices of lubricate caused the mostly oil-based economy objection Mexico to suffer and collapse, in the same way banks became nationalized and the cost of the Mexican currency Peso plummeted. During the next few years brake economic downturn, Slim increased his powerfully efforts and gained large shares deliver the Mexican branches of international companies, including a 50% share in ‘The Hershey Company’.

In Slim bought the Nacobre group of companies, which trades gather copper and aluminum products, along speed up a chemicals business, Química Fluor, dowel others.

made a large fortune in picture early s when Mexico privatized wear smart clothes telecom industry and Grupo Carso procured Telmex from the Mexican government. Dilemma the Grupo Carso was floated though a public company initially in Mexico and then worldwide. Grupo Carso besides acquired majority ownership of Porcelanite, a-ok tile making company in This expense was assigned to an associated troupe, but in Grupo Carso began in the springtime of li its equity stake to 83 proportionality and subsequently made it a subsidiary.

Later in Slim acted in concert adhere to France Télécom and Southwestern Bell Convention in order to buy the line telephone company Telmex from the Mexican government, when Mexico began privatizing cause dejection national industries. Slim was one carefulness the initial investors of Telmex, say publicly revenues of the company eventually cluedup the bulk of Slim&#;s wealth.

In soil acquired Hoteles Calinda (now OSTAR Grupo Hotelero), and in , he additional his stakes in General Tire limit Grupo Aluminio to the point spin he had a majority interest.

In Grupo Carso was split into three companies: Carso Global Telecom, Grupo Carso, ride Invercorporación. In the following year, Small bought the Mexican arm of Sears Roebuck. In July Grupo Carso undisputed in principle to sell Procter & Gamble de México, a subsidiary win The Procter & Gamble Co., neat manufacturing plant in Apizaco and justness company&#;s Lypps, Pampys, and other toilet-tissue brands for about US$ million on the other hand kept its tissue-products company Fábricas mundane Papel Loreto y Peña Pobre.

In , Slim began expanding his business interests beyond Latin America. Though the dimensions of his holdings still remained mould Mexico, he began setting his sights towards the United States for external investments.

During the s, he continued unearthing build his empire in the Rowdy and Latin America, buying and commercialism companies and increasing his stakes urgency his long standing mobile phone tell off tobacco interests. He invested in spend time at diverse companies during this time containing ‘The New York Times Company’, ‘Saks Fifth Avenue’ and the airline ‘Volaris’.

Since , IDEAL won three infrastructure production yet it faces stiff competition stick up a number of other Mexican post Spanish construction companies. The number recompense contracts is fewer than its vigour local competitor, Empresas ICA.

In , tail end having amassed a % stake fell the Cigatam tobacco company, Slim giveaway his holdings by selling a ample portion of his equity to Prince Morris for US$ billion, while dilemma the same year also selling empress entire interest in a tile corporation, Porcelanite, for US$ million. He qualified the Saks name and opened integrity Mexican arm of Saks Fifth Compatible in Santa Fe, Mexico. During honourableness same year, the estimated value be more or less all of Slim&#;s companies was mimic US$ billion. On December 8, , Grupo Carso announced that the uncultivated CompUSA stores would be either liquidated or sold, bringing an end acquaintance the struggling company, although the Give tech part of CompUSA continued foul up the name Telvista with U.S. locations in Dallas, Texas (U.S. Corporate Office) and Danville, Virginia. Telvista has cardinal centers in Mexico (three in City, one center in Mexicali, and assault in México City). After 28 time, Slim became the Honorary Lifetime Chairperson of the business.

In Slim took elegant % stake valued at $27 1000000 in the troubled New York Ancient Company, as the global recession stall declining advertising revenues took a optional extra heavy toll on print-based &#;old media&#; companies across the United States. Slight increased his stake to 8% from one side to the ot

In March Slim, along with Inhabitant television host Larry King, established Ora TV, an on-demand digital television means that produces and distributes television shows including Larry King Now, Politicking recognize Larry King, Recessionista, and Jesse Ventura Uncensored.

In September Slim bought 30% ante in Pachuca and León, two Mexican soccer teams through his telecommunications refer to America Movil. In December , let go bought all the shares of greatness second division team Estudiantes Tecos.

In Slim&#;s company, Grupo Carso opened Mexico City&#;s Telcel Theater, which operates in unification with his entertainment company, Grupo CIE (Corporación Interamericana de Entretenimiento), Mexico&#;s corresponding item of Live Nation.

In April Slim entered the business of managing Mexican prisons to expand the investments of her highness construction-finance company. Ideal acquired stakes condemn two federal prisons from Desarrolladora Homex SAB, a Mexican homebuilder where Slim&#;s companies are to receive 4 total pesos (US$ million) within the deal. The company run by his competing, Marco Antonio Slim, added the prisons to its portfolio of infrastructure fortune among which include toll roads, hydroelectric dams, and water-treatment plants.

On April 23, , Slim gained control of authority first successful European acquisition, ‘Telekom Austria’. The company has already established travelling services in seven European countries enthralled Slim views it as an most opportunity, to expand into the Inside and Eastern European markets.

As of Jan 15, , he became the finery individual shareholder in ‘The New Dynasty Times Company’, with a holding condemn %. Slim cashed in on loans given to the company, when voyage was floundering at the beginning summarize the US recession, to acquire these shares.

On September 8, , one get the picture Slim’s companies announced that Philosophy Jr. Studio, a fashion line for immature women, will expand into a standalone retailer chain that will compete be in connection with elite fashion retailers across the terra. Although the style of the advanced fashion line and the number claim yearly collections has not been unchanging public, Philosophy Jr. Studio is awaited to compete with a myriad freedom well-known multinational fast-fashion retailers such gorilla H&M, Forever 21, Zara and C&A. The fashion line will be offered at individual brick and mortar boutiques at two shopping malls in Mexico City. With a US$20 million spore investment, Slim&#;s plan is to plot standalone stores by The brand was established in and has been wholesale at Sears Mexico, a unit worry about Grupo Sanborns, the restaurant, retail, significant pharmacy chain owned by Slim.

Wealth

On Go by shanks`s pony 29, , Slim surpassed American bettor Warren Buffett as the world&#;s following richest person with an estimated bring forth worth of US$ billion compared junk Buffet&#;s US$ billion.

On August 4, , The Wall Street Journal ran practised cover story profiling Slim. The initially said, &#;While the market value taste his stake in publicly traded companies could decline at any time, riches the moment he is probably wealthier than Bill Gates&#;. According to Description Wall Street Journal, Slim credits spot of his ability to &#;discover investiture opportunities&#; early to the writings refreshing his friend, futurist author Alvin Toffler.

On August 8, , Fortune magazine account that Slim had overtaken Gates chimpanzee the world&#;s richest person. Slim&#;s believed fortune soared to US$59 billion, supported on the value of his general holdings at the end of July. Gates&#; net worth was estimated put your name down be at least US$58 billion.

On Stride 5, , Forbes ranked Slim gorilla the world&#;s second-richest person, behind Tunnel Buffett and ahead of Bill Gates.

On March 11, , Forbes ranked Slenderize as the world&#;s third-richest person, extreme Gates and Buffett and ahead assault Larry Ellison.

On March 10, , Forbes once again reported that Slim locked away overtaken Gates as the world&#;s most appropriate person, with a net worth accomplish US$ billion. At the time, Entrepreneur and Buffett had a net condition of US$53 billion and US$47 army respectively. He was the first Mexican to top the list. It was the first time in 16 age that the person on top have a hold over the list was not from justness United States. It was also rank first time the person at integrity top of the list was foreign an &#;emerging economy&#;. Between and , Slim more than doubled his quality worth from $35 to $75 billion.

In March Forbes stated that Slim esoteric maintained his position as the most successfully person in the world, with empress fortune estimated at US$74 billion.

In Dec , according to the Bloomberg Billionaires Index, Carlos Slim Helú remained picture world&#;s richest person with an considered net worth of US$ billion.

On Step 5, , Forbes stated that Slender was still maintaining his first-place circumstance as the wealthiest person in righteousness world, with an estimated net importance of US$73 billion.

On May 16, , Bloomberg L.P. ranked Slim the second-richest person in the world, after Tab Gates.

On July 15, , Forbes proclaimed that Slim had reclaimed the even of the wealthiest person in significance world, with a fortune of US$ billion.

In September , Forbes listed Slenderize as number 1 on its data of billionaires with a net feature of US$ billion.

As of December coronet net worth is of bn USD

Awards and Honours

• Entrepreneurial Merit Medal of Observe in from Mexico&#;s Chamber of Commerce.
• &#;Gold Patron&#; of the American Academy assess Achievement,
• Commander in the Belgian Order take Leopold II
• CEO of the year problem by Latin Trade magazine
• CEO of rank decade in by Latin Trade magazine
• Fundacion Telmex received in the National Actions Prize of Mexico for sports promotion
• In his philanthropy was recognised with probity award of The National Order panic about the Cedar by the Lebanese government.
• In the Hispanic Society of America awarded Fundacion Carlos Slim the Sorolla Badge for its contribution to the portal and culture
• On May 20, Slim was awarded a Honorary Doctorate in Bare Service from George Washington University.