{"id":222,"date":"2013-10-09T21:08:14","date_gmt":"2013-10-09T20:08:14","guid":{"rendered":"https:\/\/buzznigeria.com\/?p=222"},"modified":"2023-10-21T02:49:52","modified_gmt":"2023-10-21T01:49:52","slug":"carlos-slim-house","status":"publish","type":"post","link":"https:\/\/buzznigeria.com\/carlos-slim-house\/","title":{"rendered":"Carlos Slim\u2019s Net Worth, Houses and Cars He is Known For"},"content":{"rendered":"<p><strong>Carlos Slim Helu&#8217;s net worth is $96 billion as of 2024. He owns a six-bedroom mansion in Lomas de Chapultepec, Mexico. His car collection includes an auto Bentley Continental Flying Spur, a Chevy Suburban, a luxury Navy Mercedes 4&#215;4, a Maybach Guard, and a Cadillac 1941.\u00a0<\/strong><\/p>\n<p>Mexico may not be one of the top ten richest nations globally, but the North American country sure boasts some of the richest men in the world whose names and worth are known all over the world. One of them is none other than Carlos Slim whose net worth is in billions, making him one of the wealthiest men in the world.<\/p>\n<p>Carlos Slim Helu is a Mexican business mogul, investor, and philanthropist. He was ranked the richest person in the world by the Forbes Business magazine between 2010 and 2013. Though a Mexican entrepreneur, he is of Lebanese origin. He made most of his fortune through various investments and activities that have helped him garner immense wealth.<\/p>\n<p>Carlos is also known as a great philanthropist who has made sizeable donations to numerous causes in his country and abroad. His investments in people&#8217;s lives have made many people wonder how he began his career and what it was that earned him this much wealth. To get a deeper view of how this Mexican business mogul made his wealth, here are some interesting facts we have to share with you.<\/p>\n<h3><strong>Summary of Carlos Slim\u2019s Biography\u00a0<\/strong><\/h3>\n<ul>\n<li><b>Full name: <\/b>Carlos Slim Hel\u00fa<\/li>\n<li><b>Gender: <\/b>Male<\/li>\n<li><b>Date of birth: <\/b>January 28, 1940<\/li>\n<li><strong>Place of Birth:<\/strong> Mexico City, Mexico<\/li>\n<li><b><strong>Carlos Slim\u2019s <\/strong>Age:<\/b>\u00a084 Years Old<\/li>\n<li><b>Nationality: <\/b>Mexican<\/li>\n<li><b>Zodiac Sign: <\/b>Aquarius<\/li>\n<li><b>Sexual Orientation: <\/b>Straight<\/li>\n<li><b>Religion: <\/b>Christianity<\/li>\n<li><b>Marital Status: <\/b>Married<\/li>\n<li><b><strong>Carlos Slim\u2019s<\/strong> Wife:\u00a0<\/b><span class=\"LrzXr kno-fv wHYlTd z8gr9e\">Soumaya Domit Gemayel \u200b(m. 1967; died 1999)<\/span><\/li>\n<li><b><strong>Carlos Slim\u2019s <\/strong>Children: <\/b>Carlos, Marco Antonio, Patrick, Soumaya, Vanessa, and Johanna.<\/li>\n<li><b><strong>Carlos Slim\u2019s <\/strong>Parents:<\/b>\u00a0<span class=\"LrzXr kno-fv wHYlTd z8gr9e\">Juli\u00e1n Slim Haddad and\u00a0Linda Hel\u00fa Atta<\/span><\/li>\n<li><b><strong>Carlos Slim\u2019s <\/strong>Height in Inches: <\/b>68<\/li>\n<li><b><strong>Carlos Slim\u2019s <\/strong>Height in Centimetres: <\/b>173<\/li>\n<li><b><strong>Carlos Slim\u2019s <\/strong>Weight: <\/b>90 kg or 198.5 lbs<\/li>\n<li><b><strong>Carlos Slim\u2019s<\/strong>Net worth: <\/b>96 billion USD<\/li>\n<li><b>Famous for: <\/b>Being one of the richest men in the world<\/li>\n<li><b><strong>Carlos Slim\u2019s<\/strong> Instagram: <\/b><a href=\"https:\/\/www.instagram.com\/oficialcarlosslim\/?hl=en\">oficialcarlosslim<\/a><\/li>\n<li><b>Twitter: <\/b><a href=\"https:\/\/twitter.com\/carlosslim?lang=en\">Carlos Slim Helu<\/a><\/li>\n<\/ul>\n<h2><strong>How Carlos Slim&#8217;s Net Worth of $96 Billion Came About<\/strong><\/h2>\n<p><a href=\"http:\/\/i.insider.com\/55a5098d69bedde21209cb5c?width=1000&amp;format=jpeg&amp;auto=webp\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone wp-image-71736 size-full\" src=\"https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/arlos-Slim-3.jpg\" alt=\"\" width=\"696\" height=\"498\" srcset=\"https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/arlos-Slim-3.jpg 696w, https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/arlos-Slim-3-260x186.jpg 260w\" sizes=\"(max-width: 696px) 100vw, 696px\" \/><\/a><\/p>\n<p>Carlos Slim garnered his net worth of $96 billion from the telecom industry, real estate, oil and gas, gold mining, music streaming and investments in public and private companies.<\/p>\n<p>Here&#8217;s a further breakdown of how he amassed his wealth.<\/p>\n<h3><strong>Telecom Industry\u00a0<\/strong><\/h3>\n<p><ins>In 2014, Mexican magnet Slim took control of Austria&#8217;s biggest phone carrier, Telekom Austria, which has telcos in countries such as Bulgaria, Croatia, and Belarus, under a 10-year agreement. This earned him his very first successful business acquisition in Europe<\/ins>.<\/p>\n<p>The business mogul is in charge of the <sup id=\"cite_ref-Jesse_Emspak_30-2\" class=\"reference\"><\/sup>7th largest mobile network operator in terms of equity subscribers and one of the largest corporations in the world. A large portion of Carlos Slim&#8217;s net worth comes from the Telcom industry.<\/p>\n<p>When Mexico privatized its telecom industry Telmax in early 1990, Slim&#8217;s Grupo Carso acquired the industry from the Mexican government at the price of $1.8 billion, half of which was put up by Grupo Carso, for a 20% stake.<\/p>\n<p>The company, now renamed Am\u00e9rica Movil, has more than 50, 000 employees. Grupo Carso, in 1990, also acquired majority ownership of Porcelanite, a tile-making company. 40% and 50% interest in the Mexican arms of British American Tobacco and The Hershey Company, respectively, were also acquired by the business mogul.<\/p>\n<p>As an early investor in Mexico&#8217;s telecommunication industry, Slim soon began to reap the benefit of his investment when Telmex raked 90 per cent of the telephone lines in Mexico and his mobile telephone company, Telcel, which was created out of the Radiom\u00f3vil Dipsa company, was in charge of almost 80 per cent of all the country&#8217;s cellphones.<\/p>\n<p>Am\u00e9rica Movil has a market share approaching 70% of the mobile phone line market and 80% of the landlines in Mexico. It also has its tentacles spread in countries like the USA, Australia, and almost all countries in Latin America.<ins>\u00a0<\/ins><\/p>\n<h3><strong>\u00a0Real Estate Also Add to Carlos Slim\u2019s Net Worth<\/strong><\/h3>\n<p>Carlos also owns over 20 shopping centers in his home country Mexico, in addition to his &#8220;modest&#8221; 6-bedroom home in the Lomas de Chapultepec district of Mexico City. More than ten of those shopping centers are located in Mexico City, and he operates stores in the country under U.S. brands, including Saks Fifth Avenue, Sears, and the Coffee Factory.<\/p>\n<p>In 2010, he bought one of the largest private residences in Manhattan. The mansion, known as the Duke Semans mansion or the Benjamin N. and Sarah Duke House, is located on Fifth Avenue in New York City.<\/p>\n<p>The son of Lebanese immigrants to Mexico, Slim, reportedly paid about $44 million for the property of over 19,000 square feet, including 14 bathrooms and 12 bedrooms, covering eight stories.<\/p>\n<p>In 2015, he sold the mansion for $80 million, making nearly twice the amount he bought it five years earlier. Not willing to relent on his effort to expand his investments in commercial real estate, particularly in the U.S., Carlos, through companies associated with him, is known to acquire large portions of the country&#8217;s expensive private homes and commercial buildings.<\/p>\n<p>For instance, in March 2015, a company linked to Slim bought &#8216;PepsiCo Americas Beverages,&#8217; which has its headquarters in Somers, north of New York City. Grupo Carso reportedly paid nearly $87 million for the nine-story, 540,000-square-foot building on a 200-acre campus.<\/p>\n<p>A year before Grupo Carso&#8217;s purchase of PepsiCo Americas Beverages, a company also linked to Slim bought a 10-story, 162,780-square-foot structure known as the Marquette Building, a notable piece of real estate downtown Detroit which was built in 1905. The building, which housed retail, offices, and restaurants, was reportedly bought for $5.7 million.<\/p>\n<p>A similar purchase was made in 2011 when he bought a famous limestone mansion at 10 W. 56th St, in New York City, for $15.5 million a Plaza Carson, a private mansion on Fifth Avenue, a century-old Beaux-Arts townhouse.<\/p>\n<p>As of 2015, he was named The New York Times&#8217; largest individual investor after exercising warrants that more than doubled his stake in the media company to nearly 17%.\u00a0In Mexico, Slim&#8217;s Plaza Carso, which includes the Museo Soumaya, Museo Jumex, the Plaza Carso Shopping center, three residential towers, and three commercial office buildings, costs roughly $1.4 billion.<\/p>\n<p>A large chunk of Carlos Slim&#8217;s net worth comes from his investment in real estate. He turned to construction after making his fortune in telecommunications and it&#8217;s been rewarding.<\/p>\n<p>Carlos Slim evidently garnered his wealth through acquisitions and building a nearly unassailable market share instead of building an empire on a few great innovations in a particular field.<\/p>\n<p>His earnings and massive investment in telecommunication and construction helped him to top Forbes magazine&#8217;s list of the world&#8217;s richest billionaires for four years.<\/p>\n<p>In 2007, his group of companies was valued at $ 150 billion, and by 2010, he had been ranked as the richest person in the world by Forbes.<\/p>\n<h3><strong>His Forey into Oil and Gas<\/strong><\/h3>\n<p>Carlos Slim is the owner of Carso Oil and Gas Company which he founded in 2015. The company is an affiliate of Grupo Carso, established as part of the conglomerate&#8217;s efforts to diversify its activities.<\/p>\n<p>The company operates in rig (jack-ups) leasing, exploration, and production. Carso Oil had its first enrollment in the Round One auctions for shallow-water production sharing contracts in 2015, and though it failed to win, it succeeded in 2017 when it won its first Onshore Oil.<\/p>\n<p><span style=\"background-color: #ffffff;\">Through the oil company, Grupo Carso built about nine drilling rigs, three production rigs including the Independencia 1 jack-up, one telecom rig, and one housing rig. It also has two fabrication docks, both in Veracruz. <\/span><\/p>\n<p><span style=\"background-color: #ffffff;\">In 2013, the Mexican mogul reportedly pumped billions of dollars of investment into Saudi Arabia&#8217;s petrochemical projects and other projects. As of 2015, Slim&#8217;s Carso oil has its assets listed at 230 million dollars. The same year he also invested in a technology start-up, the IMatchative.<\/span><\/p>\n<h3><strong>He Owns a Mining Company<\/strong><\/h3>\n<p>The Mexican billionaire owns a mining company called Minera Frisco. The company, which is based in Mexico, is a subsidiary of Grupo Carso SAB de CV, a conglomerate that operates in nearly every business, including the industrial, commercial, infrastructure, and construction industries and the automotive sector.<\/p>\n<p>It has its operations focused on the location of minerals in three basic stages for the production and commercialization of lead-silver concentrates, zinc concentrates, copper concentrates, copper in the cathode, gold and silver rods, etc.<\/p>\n<p>Frisco owns nine mines in Zacatecas, Sonora, Chihuahua and Puebla. In 2010, the Mexican magnate opened two new mining companies worth $367 million in his country&#8217;s northern state of Chihuahua. Although the company faced mounting <a href=\"https:\/\/www.bnamericas.com\/en\/features\/troubles-mounting-at-carlos-slims-mexican-mining-firm\" target=\"_blank\" rel=\"noopener\">challenges<\/a>, including a massive output drop, there is no doubt that Slim is making a huge income from the business.<\/p>\n<p>As has already been noted, Carlos Slim is such kind of a man who would invest in great net profiting businesses, and investing in the mining sector is one of his greatest decisions.<\/p>\n<h3><strong>He has Stakes in the Music Industry<\/strong><\/h3>\n<p>January 2015 saw Carlos&#8217; Grupo Carso publicly launching its Claro Musica, an online music streaming platform with playlists, radios, podcasts, and other divisions in its interface by musical genres.<\/p>\n<p>A Latin American equivalent of iTunes and Spotify, Slim and his son used their music streaming platform to increase their presence in Mexico&#8217;s music industry, particularly in the retail music industry.<\/p>\n<p>The platform offers services in countries like\u00a0 Ecuador, Argentina, Brazil, Chile, Colombia, Costa Rica, Panama, El Salvador, Guatemala, Honduras, Mexico, Dominican Republic, Nicaragua, Paraguay, Peru, and Uruguay, where the Claro telephone platform exists.<\/p>\n<p>It is known to provide its over 5 million users with the successes of international music and local artists from every region where it has services. As a part of its promotional strategy, Claro Musica makes arrangements with artists or segments of the musical environment, organizes events such as Claro M\u00fasica Fest, and conducts exclusive concerts such as the reunion of the RBD group in 2020.<\/p>\n<p>Slim has had an interest in the music world since 2013, when his self-controlled Mexican retail department store chain, Sanborn&#8217;s, controlled a majority stake in Mixup, the largest music and video retailer in Mexico.<\/p>\n<p>For someone who has a sight for fast-growing businesses, it is not surprising to have the likes of Carlos plunging billions of their wealth into the entertainment industry, particularly the music world.<\/p>\n<p>The rapid transformation of the music industry in an age of digital distribution has seen many earn massively from the industry and this Mexican mogul is one of them.<\/p>\n<h3><strong>His Investments in\u00a0<span class=\"mntl-sc-block-heading__text\">Planes and Automobiles<\/span><\/strong><\/h3>\n<p>The Mexican billionaire in 2005, through his investment unit Sinca Inbursa, invested in low-cost airlines as the Mexican government tried to sell off its largest carriers and open the industry to a competitive market after several years of inefficiency and virtual monopoly.<\/p>\n<p>A big portion of Carlos Slim&#8217;s net worth equally comes from his airline investments.<\/p>\n<h2><strong>Carlos Slim&#8217;s Investments Span Across Many Sectors<\/strong><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-3735 size-full\" src=\"https:\/\/buzznigeria.com\/wp-content\/uploads\/2013\/10\/Carlos-Slim1-e1427208982560.jpg\" alt=\"Carlos Slim\" width=\"1024\" height=\"696\" \/><\/p>\n<p>Carlos Slim has investments in numerous industries, including the automotive industry, airlines, tobacco, cement, hotels, telecommunications, and financial services. He was able to establish or acquire several businesses in these categories through a dint of hard work.<\/p>\n<p>By the age of 40, in 1980, he was able to form Grupo Galas as the parent company of a conglomerate that had interests in industry, construction, mining, retail, food, and tobacco.<\/p>\n<p>Slim&#8217;s biggest hits happened in the 1980s and early 1990s when Mexico&#8217;s currency Peso was in crisis and oil prices declined. While the capital was fleeing the country, Slim seized the opportunity to buy several companies at depressed valuations.<\/p>\n<p><strong>Some of the companies Carlos Slim bought at the time include:<\/strong><\/p>\n<ul>\n<li>Cigatam (the country&#8217;s second-largest cigarette maker),<\/li>\n<li>Reynolds Aluminum, General Tire, and the Sanborns chain of stores;<\/li>\n<li>Empresas Frisco, a mining and chemicals company;<\/li>\n<li>Industrias Nacobre, a copper manufacturer;<\/li>\n<li>Reynolds Aluminio, Compa\u00f1\u00eda Hulera Euzkadi (Mexico&#8217;s largest tire maker);<\/li>\n<li>Bimex hotels,<\/li>\n<li>\u00a0Seguros de M\u00e9xico (insurance company)<\/li>\n<\/ul>\n<p>The Mexican business heavyweight is not the type who focuses all his time and finances on one particular business sector. Instead, he spreads his plans and strategies into diverse sectors.<\/p>\n<h2><b>Carlos Slim&#8217;s Net Worth Growth<\/b><\/h2>\n<p>Carlos Slim&#8217;s net worth grew from US$53.1 billion in March 2021 to $62.8 billion in March 2021 to $96 billion in 2023. Check out how Carlos Slim&#8217;s net worth grew over the years.<\/p>\n<table style=\"width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in March 2007<\/b><\/td>\n<td style=\"width: 60.0574%;\">Slim was named the second richest man in the world with a net worth of US$53.1<span class=\"nowrap\">\u00a0<\/span>billion.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in August 2007<\/b><\/td>\n<td style=\"width: 60.0574%;\">He surpassed Bill Gates as the world&#8217;s richest man with a net worth of US$59<span class=\"nowrap\">\u00a0<\/span>billion.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in March 2008<\/b><\/td>\n<td style=\"width: 60.0574%;\">He dropped to the second richest man in the world with a net worth of $60 billion as against Warren Buffett&#8217;s $62 billion.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in March 2010<\/b><\/td>\n<td style=\"width: 60.0574%;\">Although his fortune dropped, he topped his game yet again to become the richest man in the world with a net worth of $53.5 billion.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in March 2011<\/b><\/td>\n<td style=\"width: 60.0574%;\">Carlos Slim&#8217;s net worth grew further with an addition of $20.5 billion to his fortune. He maintained his position as the richest man in the worth with his \u00a0$74 billion net worth.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in March 2013<\/b><\/td>\n<td style=\"width: 60.0574%;\">Slim, according to Forbes, maintains his first-place position as the wealthiest person in the world, with an estimated net worth of US$73\u00a0billion.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in July 2014<\/b><\/td>\n<td style=\"width: 60.0574%;\">Slim&#8217;s wealth soared to US$79.6\u00a0billion, maintaining his first position on Forbes&#8217; rich list.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in December 2016<\/b><\/td>\n<td style=\"width: 60.0574%;\">Volatile stock markets, among many other factors, saw Carlos Slim&#8217;s net worth drop from $27.1 billion to $50 billion, making him the 4th richest man in the world.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in March 2017<\/b><\/td>\n<td style=\"width: 60.0574%;\">Carlos Slim Helu fell to number six on the Forbes rich list, although his net worth grew to $54.5 billion.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in March 2019<\/b><\/td>\n<td style=\"width: 60.0574%;\">Slims maintained his position as the richest man in Mexico but lost his place among the world&#8217;s rich list with a net worth of at least $58.1 billion.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in October 2020<\/b><\/td>\n<td style=\"width: 60.0574%;\">Carlos Slim&#8217;s net worth further dropped $7 billion to $53.7 million following a further drop in the stock market caused by the Covid-19 pandemic.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos Slim&#8217;s Net Worth in March 2021<\/b><\/td>\n<td style=\"width: 60.0574%;\">Carlos Slim dropped to the 16th richest man globally with a\u00a0 net worth of $62.8 billion. His increased fortune helped him maintain his position as Mexico&#8217;s richest.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 38.9368%;\"><b>Carlos slim&#8217;s Net woth in 2023<\/b><\/td>\n<td style=\"width: 60.0574%;\">Slim was ranked 11 richest man with a net worth of $96 million.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>No doubt, the 84-year-old Carlos Slim Hel\u00fa&#8217;s net worth has grown in leaps and bounds since he first launched his very first business.<\/p>\n<p>He now rubs shoulders with some of the wealthiest in the world who are known to have acquired their wealth through various means, including shares, real estate, inheritance, or as entrepreneurs.<\/p>\n<p>Interestingly, as the world advances, many in this category have found more viable ways to increase their wealth with much more ease than before and Slim is among them.<\/p>\n<h3><strong>Here is a breakdown of Carlos Slim&#8217;s net worth progression over the years:<\/strong><\/h3>\n<ul>\n<li><strong>March 2007 &#8211;<\/strong>\u00a0 Slim was named the second richest man in the world with a net worth of US$53.1<span class=\"nowrap\">\u00a0<\/span>billion.<\/li>\n<li><strong>August 2007 &#8211;<\/strong> He surpassed Bill Gates as the world&#8217;s richest man with a net worth of US$59<span class=\"nowrap\">\u00a0<\/span>billion<\/li>\n<li><strong>March 2008 &#8211;<\/strong>\u00a0 He dropped to the second richest man in the world with a net worth of $60 billion as against Warren Buffett&#8217;s $62 billion.<\/li>\n<li><strong>March 2010 &#8211;<\/strong> Although his fortune dropped, he topped his game yet again to become the richest man in the world with a net worth of $53.5 billion.<\/li>\n<li><strong>March 2011 &#8211;<\/strong> Carlos Slim&#8217;s net worth grew further with an addition of $20.5 billion to his fortune. he maintained his position as the richest man in the worth with his \u00a0$74 billion net worth.<\/li>\n<li><strong>March 2013 &#8211;<\/strong> Slim, according to Forbes, maintains his first-place position as the wealthiest person in the world, with an estimated net worth of US$73<span class=\"nowrap\">\u00a0<\/span>billion.<\/li>\n<li><strong>July 2014 &#8211;<\/strong> Slim&#8217;s wealth soared to US$79.6<span class=\"nowrap\">\u00a0<\/span>billion, maintaining his first position on Forbes&#8217; rich list.<\/li>\n<li><strong>December 2016 &#8211;<\/strong> Volatile stock markets, among many other factors, saw Carlos Slim&#8217;s net worth drop from $27.1 billion to $50 billion, making him the 4th richest man in the world.<\/li>\n<li><strong>March 2017 &#8211;<\/strong> Carlos Slim Helu fell to number six on the Forbes rich list, although his net worth grew to $54.5 billion.<\/li>\n<li><strong>March 2019 &#8211;\u00a0<\/strong> Slims maintained his position as the richest man in Mexico but lost his place among the world&#8217;s rich list with a net worth of at least $58.1 billion.<\/li>\n<li><strong>October 2020 &#8211;<\/strong> Carlos Slim&#8217;s net worth further dropped $7 billion to $53.7 million following a further drop in the stock market caused by the Covid-19 pandemic.<\/li>\n<li><strong>March 2021 &#8211;<\/strong> Carlos Slim dropped to the 16th richest man globally with a\u00a0 net worth of $62.8 billion. His increased fortune helped him maintain his position as Mexico&#8217;s richest.<\/li>\n<\/ul>\n<h2><strong>Carlos Began Building his wealth at the Young Age of 11<\/strong><\/h2>\n<p>Carlos Slim began his journey as an investor at the age of eleven. Through the help of his parents, he was able to raise and invest a little money in banks. He grew an interest in the business after receiving lessons on everything about finances and how to manage it from his father.<\/p>\n<p>His father, who was a very successful businessman himself, gave Slim the blueprint in which he was able to build what he built. Unlike the Andresen sisters or Kevin Lehmann, who inherited the majority of what makes them wealthy today, Carlos Slim inherited business ideas that helped him begin his journey.<\/p>\n<p>Unfortunately, when he was 13 years old, his father died, but that did not deter the youngster from putting to good use all that he had learned from his father&#8217;s business teachings.<\/p>\n<p>Before Slim was a teenager, he gained considerable knowledge in finance and made his first stock purchase in a Mexican bank. By the time he was 15, he was a shareholder in the country&#8217;s largest bank.<\/p>\n<p>Apparently, being a billionaire has nothing to do with one&#8217;s age, which is why today, the world boasts of many young billionaires below the age of 30.<\/p>\n<h3><strong>Even with no Formal Education in Finance-related Courses, He was Best in the Field<\/strong><\/h3>\n<p>Slim did not study anything finance-related at the university. He instead chose to study Civil Engineering at the National Autonomous University of Mexico. After that, he did a few courses in economics.<\/p>\n<p>Born in Mexico City to parents of Lebanese origin, Slim credits his ability to read financial statements and the edge he has in the business world to all the knowledge he gathered, especially in Civil Engineering.<\/p>\n<p>Upon completing his education, Slim began working as a stock trader. Before he turned 25 in 1965, he had saved up to $400,000 as his private profit, and that was enough to start his stock brokerage business, called Inversora Burs\u00e1til.<\/p>\n<p>He also began laying the financial groundwork for his Grupo Carso and was buying several turn-down companies to rebuild them and sell off again: He was able to buy Jarritos del Sur in 1965, and in 1966, he founded Inmobiliaria Carso worth $40 million.<\/p>\n<p>Today, his businesses incorporate various industries and are in different countries across multiple continents.<\/p>\n<h2><strong>\u00a0How Carlos Slim Spends His Much-Garnered Wealth<\/strong><\/h2>\n<figure id=\"attachment_71737\" aria-describedby=\"caption-attachment-71737\" style=\"width: 696px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/media.gatesnotes.com\/-\/media\/Images\/Articles\/Development\/Agriculture\/Mexico-Carlos-Slim-and-Me\/Mexico-Carlos-Slim-and-Me-600x.ashx\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"wp-image-71737 size-full\" src=\"https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/Mexico-Carlos-Slim-Gates.jpg\" alt=\"\" width=\"696\" height=\"464\" srcset=\"https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/Mexico-Carlos-Slim-Gates.jpg 696w, https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/Mexico-Carlos-Slim-Gates-260x173.jpg 260w\" sizes=\"(max-width: 696px) 100vw, 696px\" \/><\/a><figcaption id=\"caption-attachment-71737\" class=\"wp-caption-text\">Carlos Slim with Bill Gates<\/figcaption><\/figure>\n<p>Houses, cars, a museum, and philanthropy are some of the things Carlos Slim spent his fortune on. The business mogul is famously frugal from a young age. He practised financial restraint and lived a very simple and modest life.<\/p>\n<p>For several decades, this Mexican magnet lived in a modest 6-bedroom home with his bedroom reportedly &#8220;the size of a Manhattan hotel room.&#8221;<\/p>\n<p>Let&#8217;s elaborate on the things Slim buys with his fortune.<\/p>\n<h2><strong>Carlos Slim&#8217;s Houses<\/strong><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-227\" src=\"https:\/\/buzznigeria.com\/wp-content\/uploads\/2013\/10\/Carlos-Slim-House.png\" alt=\"Carlos-Slim-House\" width=\"854\" height=\"452\" \/><\/p>\n<p>Slim has a mansion that is located in Lomas de Chapultepec, an area of Mexico City that is a reserve for the financial elites of Mexico. He has lived in this private home for four decades and counting.<\/p>\n<p>Slim&#8217;s six-bedroom building has an interior design that features simplistic nuances, with bright colors adorning the walls and the doors. There is a beige hue that is accentuated by light from the charming chandeliers. In the same manner, the outer walls are also painted with bright colors.<\/p>\n<p>The landscaping design was made to accommodate the tastes of the mogul. He prefers extra-wide spaces; hence, there are beautiful gardens in the compound, which also serve as the source of flowers for the interior ambient atmosphere.<\/p>\n<p>Reverting back indoors, the furnishings are all elegant and tasteful, but surprisingly not a testimony of the vast wealth of the owners. There are the usual religious relics adorning various parts of the walls and desks.<\/p>\n<p>His workplace is a mere 3 miles away from the house. And, despite the prevalence of kidnappings in Mexico, Carlos Slim still drives himself to work.<\/p>\n<p>Slim lives a lifestyle that deviates from that of mainstream billionaires despite being Latin America&#8217;s richest person for several years. He clearly cherishes his modest home and prefers it to lavish spending and flashy purchases of homes.<\/p>\n<h3><strong>He Owns a Museum<\/strong><\/h3>\n<figure id=\"attachment_71732\" aria-describedby=\"caption-attachment-71732\" style=\"width: 696px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/cdnassets.hw.net\/a5\/92\/231560f5465385d2eaf56075cd50\/tmpdfb1-2etmp-tcm20-754035.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"wp-image-71732 size-full\" src=\"https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/Carlos-slim-2.jpg\" alt=\"carlos slim net worth\" width=\"696\" height=\"464\" srcset=\"https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/Carlos-slim-2.jpg 696w, https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/Carlos-slim-2-260x173.jpg 260w\" sizes=\"(max-width: 696px) 100vw, 696px\" \/><\/a><figcaption id=\"caption-attachment-71732\" class=\"wp-caption-text\">Carlos slim Museum in Mexico City<\/figcaption><\/figure>\n<p>Carlos Slim owns a museum that is worth about a whopping $34 million which he named Museo Soumaya. Soumaya Domit is the name of Slim&#8217;s wife who died in 1999. The private museum, which is located in Nuevo Polanco, Mexico City, was designed by Fernando Romero, Carlos Slim&#8217;s son-in-law.<\/p>\n<p>The Museum houses Slim&#8217;s collection of more than 65,000 pieces, and it is where he keeps his collection of rare coins, historical documents, and religious relics. The artwork and artifacts inside are worth almost a billion dollars.<\/p>\n<p>Distributed between six main exhibition rooms, it is one of the largest museums of its kind in Latin America. The Soumaya Museum is largely dominated by works from European and Mexican artists. An entire section of the museum is dedicated to religious arts, including a Mexican portrait of the Virgin of Guadalupe and a Spanish painting of the Virgin of Toledo.<\/p>\n<p>Carlos is one man who loves relics and artifacts and it&#8217;s no surprise that he has spent so much money to buy a museum and other luxuries money could buy.<\/p>\n<h2><strong>Carlos Slim&#8217;s Car Collection<\/strong><\/h2>\n<p><a href=\"http:\/\/s1.reutersmedia.net\/resources\/r\/?m=02&amp;d=20120509&amp;t=2&amp;i=605025305&amp;w=&amp;fh=545px&amp;fw=&amp;ll=&amp;pl=&amp;sq=&amp;r=CBRE8481JRA00\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone wp-image-71734 size-full\" src=\"https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/carlos-slim-cars.jpg\" alt=\"carlos slim net worth\" width=\"696\" height=\"439\" srcset=\"https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/carlos-slim-cars.jpg 696w, https:\/\/buzznigeria.com\/wp-content\/uploads\/2022\/01\/carlos-slim-cars-260x164.jpg 260w\" sizes=\"(max-width: 696px) 100vw, 696px\" \/><\/a><\/p>\n<p id=\"mntl-sc-block_1-0-25\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\">Carlos Slim&#8217;s car collection includes an auto Bentley Continental Flying Spur, a luxury Navy Mercedes 4&#215;4, a Maybach Guard, and a Cadillac 1941. However, his everyday car is a custom Mercedes 4&#215;4, which he likes to drive by himself even through heavy Mexico City traffic.<\/p>\n<p class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\">He also owns several other luxury rides, including a beefed-up Chevy Suburban, which he drives for more rugged occasions. Although he dislikes using private jets, Slim occasionally flies on commercial airplanes, and sometimes he rides in the Telmex helicopter.<\/p>\n<div class=\"sue-panel\" data-url=\"\" data-target=\"self\" style=\"background-color:#dff7f3;color:#262625;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;box-shadow:0px 1px 2px #eeeeee;-moz-box-shadow:0px 1px 2px #eeeeee;-webkit-box-shadow:0px 1px 2px #eeeeee;border:1px solid #cccccc\"><div class=\"sue-panel-content sue-content-wrap\" style=\"padding:15px;text-align:left\"><\/div><\/div>\n<h3 class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"><strong>His Carlos Slim\u2019s car collection includes:<\/strong><\/h3>\n<ul>\n<li>An auto Bentley Continental Flying Spur,<\/li>\n<li>A luxury Navy Mercedes 4&#215;4<\/li>\n<li>A Maybach Guard,<\/li>\n<li class=\"slide_title\">A Cadillac 1941<\/li>\n<\/ul>\n<h3><strong>Carlos Slim is a renowned Philanthropist\u00a0<\/strong><\/h3>\n<p>Carlos Slim is a renowned philanthropist and the founder of Fundacion Telmex, a broad-ranging philanthropic foundation regarded as one of the largest philanthropic institutions in Latin America.<\/p>\n<p>Established in 1995, the foundation&#8217;s activities cut across health, nutrition, conservation, disaster relief, and the provision of university scholarships for thousands of students who would otherwise be unable to pursue higher education.<\/p>\n<p>In May 2011, Slim was mentioned in Forbes World&#8217;s Biggest Givers after donating $ 4 billion to his foundation. In 2019, he was again listed as one of the world&#8217;s most generous philanthropists outside of the United States of America.<\/p>\n<p>Aside from establishing Fundacion Telmex, Slim is also known for establishing Fundaci\u00f3n Carlos Slim which sponsors his private museum, and for funding the <span id=\"Fundaci\u00f3n_del_Centro_Hist\u00f3rico_de_la_Ciudad_de_M\u00e9xico_A.C.\" class=\"mw-headline\">Fundaci\u00f3n del Centro Hist\u00f3rico de la Ciudad de M\u00e9xico A.C, a complex that includes an evangelization centre, museum, columbarium, health center, and market.<\/span><\/p>\n<p>Apparently, Slim does not only spend his money buying luxury houses and automobiles, he also spends his fortune on good deeds which is one way he gives back to his society.<\/p>\n<p><iframe  id=\"_ytid_67888\"  width=\"850\" height=\"450\"  data-origwidth=\"850\" data-origheight=\"450\" src=\"https:\/\/www.youtube.com\/embed\/InFKYYfoHuk?enablejsapi=1&#038;autoplay=0&#038;cc_load_policy=0&#038;cc_lang_pref=&#038;iv_load_policy=1&#038;loop=0&#038;modestbranding=0&#038;rel=1&#038;fs=1&#038;playsinline=0&#038;autohide=2&#038;theme=dark&#038;color=red&#038;controls=1&#038;\" class=\"__youtube_prefs__  epyt-is-override  no-lazyload\" title=\"YouTube player\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen data-no-lazy=\"1\" data-skipgform_ajax_framebjll=\"\"><\/iframe><\/p>\n<h2><strong>Summary of Carlos Slim&#8217;s Assets and Investments<\/strong><\/h2>\n<table>\n<thead>\n<tr>\n<th>Category<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Telecom Industry<\/td>\n<td>&#8211; Took control of Austria&#8217;s Telekom Austria in 2014.<br \/>\n&#8211; Acquired Telmax from Mexican government in early 1990 for $1.8 billion.<br \/>\n&#8211; Am\u00e9rica Movil is one of the largest corporations globally.<br \/>\n&#8211; Telmex holds 90% of the telephone lines in Mexico.<br \/>\n&#8211; Telcel, a mobile telephone company, owns almost 80% of the country&#8217;s cellphones.<\/td>\n<\/tr>\n<tr>\n<td>Real Estate<\/td>\n<td>&#8211; Owns over 20 shopping centers in Mexico.<br \/>\n&#8211; Bought Duke Semans mansion in Manhattan in 2010 and sold in 2015 for $80 million.<br \/>\n&#8211; Bought PepsiCo Americas Beverages&#8217; headquarters in 2015 for $87 million.<br \/>\n&#8211; Purchased Marquette Building in downtown Detroit.<br \/>\n&#8211; Bought a limestone mansion in NYC for $15.5 million.<br \/>\n&#8211; Largest individual investor in The New York Times as of 2015.<br \/>\n&#8211; Plaza Carso in Mexico, worth roughly $1.4 billion.<\/td>\n<\/tr>\n<tr>\n<td>Oil and Gas<\/td>\n<td>&#8211; Founded Carso Oil and Gas Company in 2015.<br \/>\n&#8211; Company participated in Round One auctions for shallow-water production contracts.<br \/>\n&#8211; Invested billions in Saudi Arabia&#8217;s petrochemical projects.<br \/>\n&#8211; Carso oil assets listed at $230 million in 2015.<\/td>\n<\/tr>\n<tr>\n<td>Mining<\/td>\n<td>&#8211; Owns Minera Frisco, a mining company based in Mexico.<br \/>\n&#8211; Opened two mining companies worth $367 million in Chihuahua in 2010.<\/td>\n<\/tr>\n<tr>\n<td>Music Industry<\/td>\n<td>&#8211; Launched Claro Musica, an online music streaming platform in 2015.<br \/>\n&#8211; Majority stake in Mixup, the largest music and video retailer in Mexico.<\/td>\n<\/tr>\n<tr>\n<td>Automobiles and Airlines<\/td>\n<td>&#8211; Invested in low-cost airlines in 2005.<br \/>\n&#8211; Owns a Bentley Continental Flying Spur, a Mercedes 4&#215;4, a Maybach Guard, and a Cadillac 1941.<\/td>\n<\/tr>\n<tr>\n<td>Other Investments<\/td>\n<td>&#8211; Investments in automotive, tobacco, cement, hotels, telecommunications, and financial services.<br \/>\n&#8211; Acquired various businesses during the 1980s and early 1990s.<\/td>\n<\/tr>\n<tr>\n<td>Personal Assets<\/td>\n<td>&#8211; Mansion in Lomas de Chapultepec.<br \/>\n&#8211; Owns Museo Soumaya worth about $34 million.<\/td>\n<\/tr>\n<tr>\n<td>Philanthropy<\/td>\n<td>&#8211; Founder of Fundacion Telmex.<br \/>\n&#8211; Established Fundaci\u00f3n Carlos Slim and funded other foundations.<br \/>\n&#8211; Donated $4 billion to his foundation in 2011.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><strong>Frequently Asked Questions<\/strong><\/h2>\n<h3><strong>Who is Carlos Slim?<\/strong><\/h3>\n<p>Carlos Slim Hel\u00fa is a Mexican business mogul, philanthropist, and serial investor. He is of Lebanese origin, although he was born in Mexico on 28th January 1940 to Juli\u00e1n Slim Haddad and Linda Hel\u00fa Atta.<\/p>\n<h3><strong>What is Carlos Slim&#8217;s Net Worth?<\/strong><\/h3>\n<p>Carlos Slim is worth $96 billion in 2024. He is the richest person in Latin America as of 2024. His fortune includes collectibles, traditional investments, planes, real estate, and automobiles.<\/p>\n<h3><strong>What Does Carlos Slim Do For a Living?<\/strong><\/h3>\n<p>Carlos Slim is a business mogul, investor, financier, industrialist, civil engineer, and philanthropist. He is the proprietor of Am\u00e9rica M\u00f3vil, which operates in Latin American countries, as well as the Mexican telecommunications provider Telcel and internet service provider Telmex.<\/p>\n<h3><strong>Is Carlos Slim Still The Richest Man in The World?<\/strong><\/h3>\n<p>Carlos Slim is not the richest man in the world as of 2024. He was ranked the 11th-richest person in the world with a net worth of $96 billion by the Bloomberg Billionaires Index in 2024.<\/p>\n<h3><strong>How did Carlos Slim Become so Rich?<\/strong><\/h3>\n<p>He gained a large fortune from his many investments in different Mexican companies through his conglomerate, Grupo Carso, which operates in the fields of communications, insurance, construction, energy, mining, retailing, publishing, and finance.<\/p>\n<h3><strong>Does Carlos Slim Have kids?<\/strong><\/h3>\n<p>Carlos Slim has six kids named Carlos, Marco Antonio, Patrick, Soumaya, Vanessa, and Johanna. His three older sons are involved in the day-to-day running of the businessman&#8217;s business empire.<\/p>\n<h3><strong>What Companies does Carlos Slim own?<\/strong><\/h3>\n<p>Carlos Slim is the owner of the following companies &#8211; America Movil, Cigarros la Tabacalera Mexicana, and Carso Oil and Gas Company. He also has stakes in the holding company Grupo Carso and the banking and insurance firm Grupo Financiero Inbursa.<\/p>\n<h3><strong>What Cars Does Carlos Slim Drive?<\/strong><\/h3>\n<p>Carlos Slim&#8217;s favourite car is a custom Mercedes 4&#215;4. He also owns an auto Bentley Continental Flying Spur, a Chevy Suburban, a Maybach Guard, and a Cadillac 1941.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carlos Slim Helu&#8217;s net worth is $96 billion as of 20. He owns a six-bedroom mansion in Lomas de Chapultepec, Mexico. His car collection includes an auto Bentley Continental Flying Spur, a Chevy Suburban, a luxury Navy Mercedes 4&#215;4, a Maybach Guard, and a Cadillac 1941.\u00a0 Mexico may not be one of the top ten [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","footnotes":""},"categories":[4,341],"tags":[485],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Carlos Slim\u2019s Net Worth, Houses and Cars He is Known For<\/title>\n<meta name=\"description\" content=\"Carlos Slim Helu&#039;s net worth is $96 billion. He is a Mexican businessman, investor,and philanthropist. A custom Mercedes 4x4 is his go-to car\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/buzznigeria.com\/carlos-slim-house\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emeka Chigozie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"17 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/buzznigeria.com\/carlos-slim-house\/\",\"url\":\"https:\/\/buzznigeria.com\/carlos-slim-house\/\",\"name\":\"Carlos Slim\u2019s Net Worth, Houses and Cars He is Known For\",\"isPartOf\":{\"@id\":\"https:\/\/buzznigeria.com\/#website\"},\"datePublished\":\"2013-10-09T20:08:14+00:00\",\"dateModified\":\"2023-10-21T01:49:52+00:00\",\"author\":{\"@id\":\"https:\/\/buzznigeria.com\/#\/schema\/person\/70ddd2963403373bc9b0d8f4ddd468c2\"},\"description\":\"Carlos Slim Helu's net worth is $96 billion. 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He is a Mexican businessman, investor,and philanthropist. A custom Mercedes 4x4 is his go-to car","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/buzznigeria.com\/carlos-slim-house\/","twitter_misc":{"Written by":"Emeka Chigozie","Est. reading time":"17 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/buzznigeria.com\/carlos-slim-house\/","url":"https:\/\/buzznigeria.com\/carlos-slim-house\/","name":"Carlos Slim\u2019s Net Worth, Houses and Cars He is Known For","isPartOf":{"@id":"https:\/\/buzznigeria.com\/#website"},"datePublished":"2013-10-09T20:08:14+00:00","dateModified":"2023-10-21T01:49:52+00:00","author":{"@id":"https:\/\/buzznigeria.com\/#\/schema\/person\/70ddd2963403373bc9b0d8f4ddd468c2"},"description":"Carlos Slim Helu's net worth is $96 billion. 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