Carlos Slim Helu’s net worth became a cause for discussion when this Mexican topped the list of the world’s richest in 2007. With him being surpassed by younger billionaires in recent years, many people are interested in knowing his net worth.
Carlos Slim Helu’s net worth is $89.1 billion, making him Mexico’s richest man. His wealth comes from a 57% American Movil stake, a 16.8% New York Times stake, and numerous other investments.
Although Carlos Slim Helu was born wealthy, he is a self-made billionaire who built his business empire outside his parents’ wealth.
Topping the list of the world’s richest during different economic periods is challenging. Hence, many people are curious about who Carlos Slim Helu is, and this article answers that.
In Mexico City in 1940, Carlos Slim Helu was born to two well-to-do Lebanese immigrants. He grew up receiving business lessons from his father, making him knowledgeable in finance and management from a young age.
This knowledge led him to invest in a government savings bond at the tender age of eleven, where he earned compound interest.
Carlos purchased his first stock when he was 12 years old. At fifteen, he already had stock in Mexico’s largest financial institution. After that, he went to the National Autonomous University of Mexico.
Carlos then became a stock trader after graduation. His private trading activities were largely successful, earning up to $400,000 in profits.
In 1965, he started laying the groundwork for Grupo Carso and began by purchasing Jarritos del Sur. He also extended his investments into paper, tobacco, hotels, airlines, aluminum, chemicals, etc.
By the 2000s, Carlos had entered the American business space, acquiring a 6.4% stake in the New York Times.
Someone with a high net worth has more money than they owe, which is one of the best ways to tell if they are successful. When you have more assets than debt, it can be your greatest ally because it makes planning easier.
Knowing your net worth will also tell you whether you are ready to invest. If you need to improve at math, use the Comparewise net worth calculator to derive your net worth.
Carlos Slim Helu’s net worth is $89.1 billion. This net worth is derived from his America Movil stake of 57%, his New York Times stake of 16.8%, and other noteworthy investments.
Carlos Slim Helu’s net worth shows what entrepreneurs can achieve when diversifying their portfolios and making suitable investments. Carlos led the world’s richest list in 2007, 2010, and numerous times in 2013.
This billionaire has six children, and the eldest three are active in increasing the Helu family’s net worth.
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The most significant source of the Helu family's net worth is their 79% stake in Grupo Carso.
The most significant source of Carlos Slim Helu's wealth is his 57% stake in America Movil and other telecommunications investments.
Carlos Slim Helu’s wife died in 1999, and he has never remarried since then.