Carlos Slim Biography
Carlos Slim Hel is a Mexican business magnate, philanthropist, and investor. He is The New York Times Company’s largest single shareholder.
How old is Carlos Slim? -Age
He is 82 years old as of 28 January 2022. He was born in 1940 in Mexico City, Mexico.
Carlos Slim Family – Education
Slim was born in Lebanon to Julián Slim Haddad and Linda Hel Atta, both Maronite Christians. Slim’s father, Khalil Salim Haddad Aglamaz, was born in Jezzine, Lebanon, on July 17, 1888. (then part of the Ottoman Empire). Haddad emigrated to Mexico alone in 1902, at the age of 14, and later changed his name to Julián Slim Haddad. It was common for Lebanese children to be sent abroad before the age of 15 to avoid conscription into the Ottoman Army, and four of Haddad’s older brothers were already in Mexico when he arrived. Julian, Carlos’s oldest brother, died in February 2011 at the age of 74. He was a successful businessman who also worked for one of Mexico’s top intelligence agencies.
Carlos Slim Wife
Slim and Soumaya Domit were married from 1967 until her death in 1999. Various philanthropic projects were among her interests. Carlos, Marco Antonio, Patrick, Soumaya, Vanessa, and Johanna are Slim’s six children. His three older sons hold key positions in Slim’s companies, with the majority of them involved in the day-to-day operations of Slim’s business empire.
Carlos Slim Foundation
Fundación Carlos Slim [es] was founded in 1986 and sponsors the Museo Soumaya in Mexico City, which was named after Slim’s late wife, Soumaya Domit, and opened in 2011. It houses 66,000 pieces, including religious relics, and has the world’s second-largest collection of Rodin sculptures, including The Kiss, as well as the largest Salvador Dal collection in Latin America, works by Leonardo da Vinci, Pablo Picasso, and Pierre-Auguste Renoir, and coins from Spanish viceroys. The President of Mexico, Nobel Prize laureates, writers, and other celebrities attended the inauguration in 2011.
Slim was ranked fifth in Forbes’ World’s Biggest Givers in May 2011 after stating that he had donated US$4 billion in dividends to Fundación Carlos Slim, US$2 billion in 2006, and another US$2 billion in 2010. Projects in education and health care have included $100 million for 50,000 cataract surgeries in Peru.
Slim established Fundación Telmex, a broad-based philanthropic foundation, in 1995, and announced in 2007 that it had been given a US$4 billion asset base to establish Carso Institutes for Health, Sports, and Education. Furthermore, it was to work in support of Bill Clinton’s initiative to help the people of Latin America. Copa Telmex, an amateur sports tournament organized by the foundation, was recognized by Guinness World Records in 2007 and 2008 as having the most participants of any such tournament in the world. Telmex announced in 2008 that it would invest more than US$250 million in Mexican sports programs ranging from grassroots to Olympic level, in collaboration with Fundación Carlos Slim Hel. For the 2011 season, Telmex sponsored the Sauber F1 team. Telmex gave the Clinton Foundation at least $1 million.
Carlos Slim Companies
By 1972, he had founded or acquired seven businesses in construction, soft drinks, printing, real estate, bottling, and mining. Later, he expanded his operations and commercial activities by entering a variety of industries throughout the Mexican economy. Grupo Galas was founded in 1980 as the holding company for a conglomerate with holdings in industrial manufacturing, construction, mining, retail, food, and tobacco. During the Mexican economic downturn of the 1980s, Carlos Slim purchased a number of flagship companies for pennies on the dollar. Empresas Frisco, a mining concessionary and chemical manufacturer, and Industrias Nacobre, a copper manufacturer, were among the purchases.
Profited handsomely when the Mexican government privatized the telecom industry in the early 1990s. In 1991, he purchased the hotel chain Hoteles Calinda (now OSTAR Grupo Hotelero). He increased his stake in General Tire, an American tiremaker, in 1993. Slim began expanding his business interests outside of Mexico in 1999. He established a Telmex USA branch and purchased a stake in Tracfone. In 2007, Slim sold his entire stake in CompUSA to Philip Morris for US$1.1 billion. Slim purchased a 6.4% stake in the New York Times Company for $27 million in 2008.
Slim purchased a 30% stake in Pachuca and León, two Mexican soccer teams, through his telecommunications company America Movil in September 2012. He purchased the entire stock of the second division team Estudiantes Tecos in December 2012. Slim’s company invested US$40 million in Shazam, a British commercial mobile phone-based music identification service, in July 2013 for an undisclosed stake. Grupo Carso announced the public launch of Claro Musica, a Latin American equivalent of iTunes and Spotify, in January 2015. Slim’s Mexican retail department store chain, Sanborn’s, owns a majority stake in Mixup, the country’s most successful retail music store. Slim made his presence known in the Spanish business scene in March 2015 by purchasing stakes in several troubled Spanish companies.
Carlos Slim Net Worth
He has an estimated net worth of 80.6 billion.