Mexican businessman Carlos Slim is the world's second-richest man with a fortune of over $60 billion.
On January 19, 2009, it was reported that Slim loaned The New York Times Co. $250 million.The Huffington Post: Carlos SLim Helo Raises New York Times Stake (January 19, 2009) Slims will earn as much as $35 million in annual interest on the deal according to Barclays Capital Research. In addition, Slim would be able to buy as much as 17% of the company's stock, making him the second largest shareholder in the company.Bloomberg.com: Slim’s Loan Gives New York Times Breathing Room (January 20, 2009)
Fast Facts:
- Full name: Carlos Slim Helu
- Born: January 28, 1940
- Son of a Lebanese immigrantReuters: Factbox: Some Facts About Mexico Billionaire Carlos Slim (January 20, 2009)
- Net Worth: $60 BillionReuters: Factbox: Some Facts About Mexico Billionaire Carlos Slim (January 20, 2009)
- Second richest man in the world, Warren Buffett is the richest, and Bill Gates follows SlimReuters: Factbox: Some Facts About Mexico Billionaire Carlos Slim (January 20, 2009)
- Telefonos de Mexico (Telmex), Telcel and America Movil companies
- Has been vice-president of the Mexican Stock Exchange and president of the Mexican Association of Brokerage Houses
- He was the first president of the Latin-American Committee of the New York Stock Exchange Administration Council
- Invested $250 million in The New York TimesThe Huffington Post: Carlos SLim Helo Raises New York Times Stake (January 19, 2009)
Life and Career
Carlos Slim was born on January 28, 1948. Slim's father was a Lebanese immigrant who opened the "Star of the Orient" general store during the Mexican Revolution. His father was said to have made a small fortune during the revolution by buying cheap properties.Reuters: Factbox: Some Facts About Mexico Billionaire Carlos Slim (January 20, 2009)
In 2008 Slim was ranked as the world's second richest man behind Warren Buffet. In 2007 her was reported to have surpassed Bill Gates' fortune, which amounted to roughly $58 billion.Reuters: Factbox: Some Facts About Mexico Billionaire Carlos Slim (January 20, 2009)
