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Carlos Slim Helu is a Mexican entrepreneur, business magnate, and philanthropist. He developed various kinds of companies including telecommunications, retail banking, insurance, technology, and auto parts manufacturing businesses. His parents were of Maronite Christian and of Lebanese descent. His father, born Yusef Slim Haddad, immigrated to Mexico in at the age of 14 and changed his first name to Julian.

Carlos Slim started his operation with the purchase of shares in a Mexican bank at the age of Carlos started his business mission with his own brokerage firm that later extended to invest in individual businesses. In his early career, he focused on construction, real estate, and the mining business. In , he started a printing business then he expanded his trade-in industry, construction, mining, retail, food, and tobacco.

In the Mexican economy fell down to less oil export and at the time of recovery, Carlos invested heavily in the Mexican economy and eventually got a large profit.

Carlos slim nationality

He added the Nacrobre group of companies as well as the Grupo Carso between and Later in , he bought a landline telephone company Telmex from the Mexican government which company operated 90 percent of the telephone lines in Mexico in However, Carlos increased phone call costs soon after purchasing the company but he enhanced phone services in Mexico with the company offering mobile phone services, Internet services, a telephone directory as well as local and long-distance calls.

He also invested in the Volaris airline in Carlos is the owner of the largest Internet Service Provider ISP in the world even though he has poor knowledge of computers and telecommunication. He was correctly thinking that the internet and technology are the major growth area in his business. Your email address will not be published.