International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
Though often described as a ‘Mexican oligarch’, the world’s richest man, who is worth a cool $53bn, has Lebanese ancestry. And he hasn’t forgotten it.
March 17, 2010 5:18 by kippreport
Carlos Slim Helú, who Forbes magazine has just named the world’s richest person, presides over a vast empire worth an estimated $53 billion.
The son of Lebanese immigrants, the Mexican magnate made a fortune in the telecoms industry. His sprawling business interests span the globe, and he is credited with orchestrating multimillion dollar transactions with corporations like the New York Times, Verizon, Phillip Morris and Saks. In 2007, he launched a philanthropic foundation worth an estimated $4 billion.
A widower and the father of six, his biography tells of modest beginnings. Slim credits his phenomenal business success in part to to the immigrant work ethic of his father.
Following a recent week-long trip to Lebanon, Slim was forced to deny press rumors that he is interested in investing there. But he retains strong links to his father’s country of birth.
Click ‘next’ to see Carlos Slim’s network.
(Image of Carlos Slim: Agência Brasil)
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