Look at the carlos slim the richest person in the world with net worth of $69 billion. 50% of his net worth is coming from his telecoms company Amerca Movil.
carlos in 1965
carlos born on Jan 28, 1940 in Mexico. he is sun of Julian slim &Linda helu, this couple had six children's nour, julian, jose, carlos &linda. carlos is the richest person since 2010.he learned his basic business practise from his father ,who was businessman in Mexico. Carlos,s father started his first business in 1911 as dry goods store "La Estrella Del Orient" ( the star of the orient), later he purchased real estate in Mexico city , these two businesses increased his father,s wealth. at the age of 12 Carlos worked in his fathers company and earned 200 pesos a week.he taken his education from national autonomous university of Mexico.
Carlo's slim started his carrier as a trader in stocks ,later he started his own brokerage firm . this firm started investing in different businesses like construction, manufacturing, retail,restaurants etc.in year 1965 Carlos established company called investor Bursa til & then he bought another company Jarritose delsur.
In 1966 his worth was $40 million, then he founded company called Inmobiliari Carso so his early carrier was in construction ,real estate & mining businesses , later in 1972 he established further seven businesses in same category.
In 1976 Carlos purchased 60% interest in printing business .in 1980he established Group Galas as parent company of conglomerate, this company were active in business of construction , mining , retail , food & tobacco. in 1982 there was economic slowdown in Mexico ,during this period Mexican peso was devalued ,Carlos invested heavily and purchased many companies in this period like Reynolds, Alumino, General popo , Bimex hotels & Sanbons a food retailer . he also acquired 40% interest in the Mexican arms of British American tobacco and soil in The Hershey company. many of these companies were purchased by cash flow from cigatan, a tobacco business . in 1986 he established copper and aluminium products business with Nacrobre group of companies & chemical business with Quimica fluor and others.
In 1990 carso group was public company , then he entered in new business called telecom, he purchased telecoms company telmex from Mexican government . by the year 2006 , 90% of telephone lines in Mexico were operated by Telmex .
In 1991 carlos purchased hotels calinda now called ostar group Hotelero. in 1996 carso group was divided in three companies - carso Global Telecom, Group caeso & Invercorporacion. in this same year he bought Mexican arm of sears Roebuck and established caeso infrastructuray Construction company involved in Reconstruction & engineering. then he developed America Telecoms a holding company of America Movilin in 2000. later he formed venture with Microsoft company , he founded another Mexico based company promoter of development and employment in Latin America.
In 2005 he invested in volaris airlines. he is also working as vise president of Mexican stock exchange.
carlos in 1965
carlos born on Jan 28, 1940 in Mexico. he is sun of Julian slim &Linda helu, this couple had six children's nour, julian, jose, carlos &linda. carlos is the richest person since 2010.he learned his basic business practise from his father ,who was businessman in Mexico. Carlos,s father started his first business in 1911 as dry goods store "La Estrella Del Orient" ( the star of the orient), later he purchased real estate in Mexico city , these two businesses increased his father,s wealth. at the age of 12 Carlos worked in his fathers company and earned 200 pesos a week.he taken his education from national autonomous university of Mexico.
Carlo's slim started his carrier as a trader in stocks ,later he started his own brokerage firm . this firm started investing in different businesses like construction, manufacturing, retail,restaurants etc.in year 1965 Carlos established company called investor Bursa til & then he bought another company Jarritose delsur.
In 1966 his worth was $40 million, then he founded company called Inmobiliari Carso so his early carrier was in construction ,real estate & mining businesses , later in 1972 he established further seven businesses in same category.
In 1976 Carlos purchased 60% interest in printing business .in 1980he established Group Galas as parent company of conglomerate, this company were active in business of construction , mining , retail , food & tobacco. in 1982 there was economic slowdown in Mexico ,during this period Mexican peso was devalued ,Carlos invested heavily and purchased many companies in this period like Reynolds, Alumino, General popo , Bimex hotels & Sanbons a food retailer . he also acquired 40% interest in the Mexican arms of British American tobacco and soil in The Hershey company. many of these companies were purchased by cash flow from cigatan, a tobacco business . in 1986 he established copper and aluminium products business with Nacrobre group of companies & chemical business with Quimica fluor and others.
In 1990 carso group was public company , then he entered in new business called telecom, he purchased telecoms company telmex from Mexican government . by the year 2006 , 90% of telephone lines in Mexico were operated by Telmex .
In 1991 carlos purchased hotels calinda now called ostar group Hotelero. in 1996 carso group was divided in three companies - carso Global Telecom, Group caeso & Invercorporacion. in this same year he bought Mexican arm of sears Roebuck and established caeso infrastructuray Construction company involved in Reconstruction & engineering. then he developed America Telecoms a holding company of America Movilin in 2000. later he formed venture with Microsoft company , he founded another Mexico based company promoter of development and employment in Latin America.
In 2005 he invested in volaris airlines. he is also working as vise president of Mexican stock exchange.
