Carlos Slim was born in 1940 in Mexico City to Lebanese immigrant parents who owned a dry food business. He showed an early aptitude for business, buying shares in a Mexican bank at age 12. Slim studied civil engineering at university and then launched a successful career in stock trading and acquiring struggling businesses. A key turning point was acquiring Telmex, Mexico's state-owned telecommunications company, in the 1990s, which became the core of his business empire. Slim is renowned as one of the richest people in the world, with a net worth of over $80 billion, and is known for his philanthropic efforts through organizations like the Carlos Slim Foundation.

1. Story of an Entrepreneur
“Carlos slim”
The biggest things in life are not materials. - Carlos Slim

2. Carlos childhood & early life
He was born in as one of six children in a Mexican Family of Lebanese decent on
28th of January in 1940 in Mexico City
He was taught business from an early age by his father because his father was
doing a dry food family business
 Carlos bought shares in Mexican bank at the age of 12
Although his father died in 1953 when he was 13 years old, Carlos continued his
business until he was 17
He attended to National Autonomous University of Mexico and studied civil
engineering, Alphabets and linear programming
After the graduation he immediately moved to business

3. Family background
He was born in a business family, Lebanese parents
Father: Julián Slim Haddad
Mother: Linda Helú
Siblings: Three sisters and two brothers
Father taught him businesses during his childhood period thereafter he has joined to the family
business
Father was Lebanese decent. After immigrating to Mexico he has changed his name and stared
a dry food business

4. Education
He attended to National Autonomous University of Mexico and studied civil engineering,
Alphabets and linear programming then immediately moved to business
Born talents and strengths
 He had a better understanding about money market &
business since his childhood
 His strategy of placing one foot at a time with immense
strength and focus made him the business magnet that
he is today.

5. To be an entrepreneur
Earlier he used to earn 200 Pesos per a week by working father’s organization and His understanding of
the money market was so clear
Carlos Slim started as trader after the graduation of National Autonomous University of Mexico.
His natural entrepreneurial instincts couldn't keep his restricted anymore and Carlos finally started
working as a stock trader.
He showed his business skills from his first business and thereafter opened a stock brokerage firm for
every sector, starting from manufacturing to restaurants and construction to retail. Then he used his skills
and strong strategies to expand these firms

6. Then he moved into mining and real state industries and later industries like printing
Later in 1976,launched a parent company of his own, with the name of Grupo Galas
His operations into some other fields like Airlines, auto park, tobacco, aluminum, food and
copper
His strategy of placing one foot at a time with immense strength and focus made him the
business magnet that he is today.
Carlos Slim Helú is the Chief Executive and the Chairman of the giant telecommunications
twin companies- América Móvil and Telmex. He was ranked as the world’s richest person
from 2012-2013
In 1999, Carlos Slim underwent a major heart surgery and he will no longer be in charge of
the company. He has divided company’s activities among children and relative

7. He was most of successful by buying up struggling businesses in economic downturn then selling them
when economic climate has improved
1982 was not a good year for Mexico as it was a severe economic crisis but that did not falter Slim’s
confidence. He acquired more firms during that time and as the economy stabled his fortune grew
enormously.
He bought even more companies including some U.S brands such as Hershey’s Chocolate, Firestone Tires
and Denny’s coffee shops

8. Carlos’s entry into world of telecommunications was a turning point of his career. It happened
as early as in 1990
He worked with South Bell Corporation and France Télécom.
He acquire the very prestigious government telecommunications company Telmex from the
Mexican government
He had a monopoly in the telecommunication market in Mexico
He moved to USA and Europe
Turning point of his career

9. Sorolla Medal from The Hispanic Society of America in 2011 for his arts and culture
support
Entrepreneurial Merit Medal of Honor from Mexico’s Chamber of Commerce in 1985
He was ranked as the world’s richest person from 2012-2013 and was popularly known
as the “Warren Buffet of Mexico” by Forbes magazine
He was also elected as the New York Stock Exchange Administration Council’s first
president of the Latin-American Committee (from1996 to 1998)
Achievements

10. Slim received an Honorary Doctorate in Public Service from the George Washington
University in 2012
He was made ‘Gold Patron’ of the American Academy of Achievement
‘The National Order of the Cedar’ in 2008 by the Lebanese government to honor his
philanthropic efforts.
Carlos Slim Helu also initiated several philanthropic foundations including the ‘Carlo slim
Foundation’, ‘Museo Soumaya’ and the ‘Telmex Foundation’

11. He was named as world’s richest person by forbs magazine (2011-2013)
In 2014 his net worth was 81.6 billion dollars. Now he is the 4th richest person I the world
He owns 40% of Mexican stock market firms
Slim owns 70% of Mexican cellphone market therefore he has a monopoly
Average Mexican spends 1.5 pesos per day on slim’s goods and services
He doesn’t use a computer he likes to keep papers of detailed records of every
Business
He doesn’t have a interest in luxury automobiles and Houses.
He has a Bentley continental flying spar, it is the only car which he owns and drive himself
World richest person (from 2011 to 2013)

12. He opened the museum, ‘Museo Soumaya’ for his wife
He owns one of the most valuable art collection in the world
66000 pieces of art of centuries and value of 700 million dollars art, admission free and most
visited art museum in Mexico
Telmex foundation and Carlos slim foundation
Donated 100,000 of computers to public schools
Donated 200,000 bicycle to public
Cost of 400,000 surgeries
offer soccer teams
Donated hundreds million of dollars to combating poverty in
Latin America

13. Balancing personal life and business life
Working for a schedule
Commitment for achieving goals
Stay focused on modernization, growth, training, quality, simplification and the continuous
improvements
Philanthropic activities
Simple organizational structure
Working united and with clear vision
Minimize investments in non-product assets
Patient, optimism
Believed that entrepreneurs are creators of the wealth
Learning outcomes of Carlos Slim

14. THANK YOU
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