Carlos Slim Helu
Thursday, March 11, 2010 at 5:49 pm
Carlos Slim Helú (Spanish pronunciation
), simply known as Carlos Slim (born January 28, 1940), is a Mexican engineer, businessman and philanthropist largely focused on the telecommunications industry. He is currently the wealthiest person in the world with a net worth of around US$53.5billion through his holdings. He was able to raise money for a telecommunications company by purchasing standby letters of credit which enabled him to obtain guaranteed loans which provided the capital.
Slim has a substantial influence over the telecommunications industry in Mexico and much of Latin America. He controls Teléfonos de México (Telmex), Telcel and América Móvil companies. Though he maintains an active involvement in his companies, his three sons — Carlos, Marco Antonio and Patrick Slim Domit — head them on a day-to-day basis.
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