Carlos Slim Net Worth: Details About Age, Earnings, Business, Career

News: In 2023, Carlos Slim, the prominent Mexican business magnate, is estimated to possess a net worth of $90 billion. Although he was formerly recognized as the world’s wealthiest individual, he has now descended to a position within the top ten richest people globally, primarily attributed to the swift accumulation of wealth by others. Nevertheless, he continues to maintain his status as the wealthiest individual in Mexico.

Wealth and Investments

With a net worth of around $90 billion, Carlos Slim received a $2 billion dividend from his company last year. Although his primary business interests lie in Mexico, Slim has gained recognition for his investments in prominent American corporations. Notably, he played a pivotal role in the bailout of the esteemed New York Times in 2014 and is rumored to hold a minority partnership in the company Waffet. In recent times, Slim has extended the reach of his mobile company beyond North America, strategically targeting markets in Asia and Africa.

Background and Controversies

Carlos Slim originated from Lebanon, becoming the first individual from a developing country to hold the title of the world’s richest man. Although recognized as a Mexican citizen, his Lebanese heritage is often overlooked. While Slim is often portrayed in a positive light in the Mexican media, controversies surround him as well. One of the main controversies revolves around his acquisition of government companies at low prices during Mexico’s privatization phase, contributing to his vast wealth accumulation.

Diverse Business Portfolio

Slim’s mobile company commands a customer base exceeding 200 million across 11 countries, firmly establishing itself as one of the world’s largest in the industry. Yet, Slim’s impact extends well beyond the realm of mobile services, as he owns an impressive portfolio of around 200 companies, attesting to the scale of his business empire. In a departure from the popular sporting preferences of football and boxing in Mexico, Slim stands out with his affinity for baseball, earning him the affectionate moniker “Monopoly Man.”

Investments and Lifestyle

In recent years, Slim has made significant investments, including the purchase of Africa’s largest mobile company for around $4 billion. His lavish lifestyle is evident in his real estate holdings, with his Mexico City home valued at approximately $25 million and his Los Angeles residence estimated at $50 million. The latter is considered one of the most expensive houses in the city.

Continued Wealth Accumulation

At the age of 83, Carlos Slim persists in accumulating wealth, boasting an estimated annual salary of $7 billion. Standing at a height of 1.73m (5′ 8″), he was previously married to Soumaya Domit Gemayel from 1967 to 1999. His financial statements, including a salary of $7 billion and a monthly income exceeding $500 million, underscore his remarkable earning capacity.

Carlos Slim’s net worth remains an impressive $90 billion. Despite his descent in the rankings of the world’s wealthiest individuals, his entrepreneurial endeavors and strategic investments continue to yield substantial returns. With a diverse business portfolio and considerable influence spanning various industries, Carlos Slim undeniably leaves a lasting impact on the global business landscape.

FAQs

1. What is Carlos Slim’s current net worth?

Carlos Slim’s current net worth is approximately $90 billion in 2023.

2. What industries does Carlos Slim invest in?

Carlos Slim primarily focuses on business ventures in Mexico but also invests in major American companies. He has expanded his mobile company’s reach beyond North America, targeting markets in Asia and Africa.

3. How many companies does Carlos Slim own?

Carlos Slim is the owner of approximately 200 companies, showcasing his vast empire.