Mexican billionaire Carlos Slim‘s net worth of $83.3 billion has tolled him the ninth wealthiest individual in the world. His year-to-date (YTD) growth of +$9.02B is due to the profitable operation of his holdings in publicly traded businesses shows that he has received dividend payments from his investments totaling over $9 billion, such as his majority position in America Movil, his interests in Grupo Carso, Grupo Financiero Inbursa, and the Mexican construction sector. In spite of his enormous wealth, Slim has given some of his holdings to his six children, Carlos, Patrick, Marco Antonio Slim Domit, Soumaya, Vanessa, and Johanna, through the holding company Control Empresarial de Capitales, based in Mexico City, and its affiliates. The Fundacion Telmex, Fundacion Carlos Slim, and Instituto Carlos Slim de la Salud shares are not included in the value.
In addition to his business ventures, Slim owns shares in the New York Times and financial institutions. He also has stakes in the Mexican building sector through the family’s investment company, Grupo Carso. Slim’s dominance in America According to the company’s website, Movil has helped it keep its title as the biggest mobile phone provider in Latin America. Slim has been able to influence the company’s direction and strategy as the largest stakeholder. Based on an examination of insider transactions, real estate acquisitions, market performance, investments, charitable giving, and taxes, Slim’s investments have contributed to his accumulating immense wealth.
Carlos Slim Helu has amassed a sizable wealth through his ownership of the majority of America Movil as well as his interests in publicly traded firms and the Mexican building sector. Some of his holdings have benefited his six children. Slim still has credit for all assets due to his position as the patriarch of the family fortune, even though he has transferred some of his interests.
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