His four-year run as world's richest person has come to an end, primarily because shares of Minera Frisco, his mining company, have fallen more than 50% in the past year as the price of gold and copper plummeted. That plus a dip in the value of his largest asset, pan-Latin American telecom firm America Movil, combined to knock $1 billion off his net worth, making him the only billionaire among the world's 10 richest to get poorer in the past year. America Movil has come under pressure in Mexico after the passage of a new anti-monopoly telecom and media law. America Movil has 70% or more market share of both the landline and mobile markets in Mexico. Slim also holds a controlling interest in industrial conglomerate Grupo Carso, financial venture Grupo Financiero Inbursa, real estate enterprise Inmuebles Carso and infrastructure development and operating company Impulsora del Desarrollo y el Empleo en América Latina, or Ideal. He continues to hold minority stakes in U.S. companies Saks Fifth Avenue and The New York Times Co. He has also invested in two Spanish companies: Grupo Prisa, a media conglomerate, and CaixaBank, an investment banking firm.
Honorary Chairman, América Móvil
Age 74Source Of Wealth telecom, Self Made
Residence Mexico City, Mexico
Citizenship Mexico
Marital Status Widowed
Children 6
Education Bachelor of Arts / Science, Universidad Nacional Autonoma de Mexico
Carlos Slim Helu & family on Forbes Lists
#2 Billionaires#1 in Mexico
#1 in 2013
#12 Powerful People
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