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Carlos SLIM HELU

Primary Position:
Founder
Primary Company:
Grupo Carso
Estimated Net Worth:
At least $34.4 billion
Source of Wealth:
Inheritance/Self-made
Age:
77
Birthday:
28 January 1940
Religion:
Christian (Catholic)
Nationality:
Mexico
Hometown:
Mexico City, Mexico City, Mexico
Marital Status:
Widowed

Biography

Mexican native and veteran entrepreneur; father Julian, migrated from Lebanon to Mexico in the early 20th century and established himself in retail and real estate. In 1961, Slim earned a bachelor's degree in civil engineering from the Mexico City, Mexico-based Universidad Nacional Autonoma de Mexico (UNAM). Upon graduation, founded the investment company Inversora Bursatil, before acquiring the bottling company, Jarritos del Sur. Later, set up the real estate company, Inmobiliaria Carso, predecessor to Grupo Carso. Through the 1960's and 1970's, founded ...

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Education History

Institution Name:
Universidad Nacional Autonoma de Mexico (UNAM)
Qualification Name:
Bachelor's degree
Education Type:
Undergraduate
Start Date:
 
End Date:
1961
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Interesting Facts

In 2010, bought a landmark red-brick Beaux Arts style mansion at 1009 Fifth Avenue in Manhattan, New York, for $44 million. In May 2015, the property was listed for $80 million, but in January 2016, it was taken off the market. According to Slim's spokesperson, the reason for the delisting was that the contract with the former broker expired and as of February 2016, no decision was made about whether the mansion was going to be listed again. Slim reportedly bought the the real estate purely with investment purposes and neither him nor his family ever used it while staying in New York. At the time of the purchase, the interior of the mansion was reportedly in a bad state, renovation works executed by the Mexican businessman account for the significant difference between the purchase and the asking price. Slim has reportedly been active in the United States real estate market in the recent years, apart from the Fifth Avenue mansion, in 2015, acquired Detroit's Marquette Building and PepsiCo Americas Beverages' headquarters in New York. Owns a second mansion in New York at 10 W. 56th Street, currently leased to the John Barrett Salon.

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Interests, Passion, Hobbies

Kind of Interests, Passion and Hobbies: Vehicles - Cars
Description: Reportedly drives his own car to work and is followed by a group of bodyguards.

Kind of Interests, Passion and Hobbies: Education
Description: Reportedly taught algebra and linear programming while studying for his bachelor's degree at the Universidad Nacional Autonoma de Mexico (UNAM).

Kind of Interests, Passion and Hobbies: Smoking - Cigars
Description: Reported to be very fond of Cuban cigars, always keeps a box in his office.

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Philanthropy

Giving Profile: Generous philanthropist; primarily supports health-, education-, sports- and arts-related causes. In 1989, established the Fundacion Carlos Slim; in 2012 the foundation had more than $3 billion in assets and total giving exceeded $15 million. In 2012, the Fundacion Carlos Slim donated $3 million for the expansion of broadband internet services for Latino families in the United States. Slim endowed the foundation with $2 billion from dividends earned in 2006 and another $2 billion in 2010. The Fundacion Carlos Slim invested $100 million with the World Wildlife Fund towards the conservation of Mexico's natural environment, and in 2010, together with the Bill & Melinda Gates Foundation, the Government of Spain, and the Inter-American Development Bank, launched the Salud Mesoamerica 2015 Initiative, aiming to reduce gaps in the quality of healthcare faced by the poorest 20% of the population in Southern Mexico and Central America. The Fundacion Carlos Slim also gave $100 million to the ALAS Foundation to support programs for children. Fundacion Carlos Slim's $100 million gift to the Clinton Giustra Sustainable Growth Initiative, reportedly strengthens small businesses and creates jobs in Colombia, and supports education in Mexico. In 2007, Slim established the Instituto Carlos Slim de la Salud; in 2012 the foundation had more than $400 million in assets; total giving exceeded $19 million. In 2011, the institution donated $2 million to Fundacion Mexicana de la Salud, supporting healthcare. Also in 2007, Slim established the Instituto Carlos Slim de la Educacion; in 2011 the foundation had more than $1 million in assets and supports education-related causes. Up until 2015, Fundacion Telmex, where Slim serves as President, donated computer equipment to nearly 740 institutions and more than 433,000 bicycles were donated to the program "Ayudame a llegar." The foundation has sponsored approximately one million surgeries, nearly 8,000 organ and tissue transplants, and 17,000 male and female football teams participating in Telmex sponsored tournaments as well as providing 28,000 tons of humanitarian aid. In 2013, Slim, through his foundation, pledged approximately $300 million to help in the translation of thousands of Khan Academy online classes into Spanish and help set up online classes about Mexican history on the academy's website. In April 2013, Slim reportedly announced that his foundation will donate $100 million to the Global Polio Eradication Initiative (GPEI), a Bill Gates-backed effort to eliminate polio. In October 2013, Slim reportedly donated $74 million to the Broad Institute in aid of biomedical research for the benefit of the people of Latin America. In the last couple of years, as part of the Iniciativa Salud Mesoamerica, the Fundacion Carlos Slim gave scholarships to more than 1,500 people, enabling them to take courses in maternal health and vaccination. These people can attend more than 1.6 million people in disadvantaged communities of Costa Rica, El Salvador, Guatemala, Honduras and Panama. The organization has also been actively participating in the development of projects increasing the productivity of small rural communities in Mexico. In June 2016, Slim announced the launch of an online learning site, aprende.org, offering classes from primary school to college level, and also initiated a program to collect used smart phones and donate them to Mexican public schools, in order to provide students free access to educational materials. Those contributing to the recollection of phones, receive a $26 credit for aprende.org.

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