10 Facts About Mexican billionaire Carlos Slim Helú
Story By: WizBullFin
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Carlos Slim Helú born 28 January 1940 in Mexico City Julián Slim Haddad Linda Helú Atta, Maronite Christians from Lebanon
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At age of 11, Slim invested in a government savings bond. At the age of 12, he made his first stock purchase, by buying shares of a Mexican bank making him shareholder by age 15.
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Studied civil engineering at the National Autonomous University of Mexico. Studied economics courses in Chile when he completing engineering degree.
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In 1961, began as a stock trader in Mexico. In 1965, his private investments reached US$400,000. Started stock brokerage house Inversora Bursátil.
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By 1972, he had established seven businesses. In 1980, he formed Grupo Galas as the parent company of a conglomerate expanding in different sectors.
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His group business expanded in education, health care, industrial manufacturing, transportation, real estate, mass media, energy, hospitality, entertainment, high-tech, retail and financial services.
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In 2009 he received most distinguished academic award, in recognition of his philanthropic and entrepreneurial management The George Washington University President's Medal.
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From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine.
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He has 40% of the listings on the Mexican Stock Exchange. As 2016, he is the largest single shareholder of The New York Times Company.
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Grupo Carso, the richest person in Latin America. His net worth is equivalent to about 6% of Mexico's gross domestic product.