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Topic: Carlos Slim


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In the News (Tue 29 Dec 09)

  
  Carlos Slim : Mexico Travel - All About Mexico
Carlos Slim is the Richest of the World
MEXICO CITY: Mexican billionaire Carlos Slim, the world’s third-richest man, will give away a chunk of his fortune by matching donations to health, education and social programs in Mexico, a close aide said on Wednesday.
Slim, who owns a telecoms and retail empire and has a fortune estimated at over $30 billion, will meet all contributions dollar for dollar, said Arturo Elias Ayub, his spokesman and aide.
www.mexico.vg /tag/carlos-slim   (237 words)

  
  Carlos Slim Helú - Wikipedia, the free encyclopedia
Carlos Slim Helú (born January 28, 1940 in Mexico City) is a Mexican businessman.
Slim has a substantial influence over the telecommunications industry in Mexico and indeed the whole latin American region.
Slim is accused of using his influence on political leaders to ensure that Telmex's near monopoly on the communication market was maintained, allowing high rates to be maintained.
en.wikipedia.org /wiki/Carlos_Slim_Hel%C3%BA   (952 words)

  
 Carlos - Wikipedia, the free encyclopedia
Infante Carlos of Spain, first of the Carlist claimants to the throne of Spain.
Carlos I of Portugal, second to last king of Portugal.
Carlos (Guitar), a brand of guitar that hails from the country of Korea.
en.wikipedia.org /wiki/Carlos   (256 words)

  
 Carlos Slim Helú - Wikipedia, the free encyclopedia
His father Julián Slim Haddad Aglamaz (né Yusef Salim Haddad Aglamaz), a Lebanese Maronite from Jezzine, fled as a teenager to Mexico City in 1902, to escape the harsh military rule of the Ottoman Turks.
Julián married the daughter of another prosperous Lebanese merchant, and had six children, of which Carlos was the fifth.
Slim has been awarded the Entrepreneurial Merit Medal of Honor from Mexico's Chamber of Commerce; he received the "Golden Plate Award", granted by the American Academy of Achievement, and the Belgian Government awarded him the Leopold II Commander Medal.
en.wikipedia.org /wiki/Carlos_Slim   (952 words)

  
 Slim - Wikipedia, the free encyclopedia
Slim (movie), a 1937 film adaptation of the William Wister Haines novel starring Henry Fonda
Carlos Slim Helú, the third richest man in the world
Slim Gaillard, half of the "Slim and Slam" partnership
en.wikipedia.org /wiki/Slim   (154 words)

  
 Vicente Fox and Carlos Slim on the economy of Mexico
Mexican magnate Carlos Slim Helu, the richest man in Latin America, cuttingly criticized the government of Vicente Fox Quesada and the economic course the president is steering during a March 23 speech to industrialists and entrepreneurs in Mexico City.
Carlos Slim [63] is the chairman of Grupo Carso, a Mexican conglomerate that today ranges from North America to Tierra del Fuego.
Slim added that public funds should not continue to be used to finance expenditures such as the system of pensions for public employees.
www.mexidata.info /id164.html   (692 words)

  
 Wired 9.01: Yo Quiero Todo Bell
Last February, Slim purchased the biggest (and notoriously underperforming) US computer retailer, CompUSA, and a month later he launched what he predicts will be the largest Spanish-language portal in all of North and South America, a joint venture between Telmex and Microsoft called T1msn (www.t1msn.com).
Slim got his knack for business from his father, Julián Slim, a Lebanese Christian who escaped the Ottoman Empire's military draft by fleeing to Mexico in 1902, when he was a teenager.
Slim hasn't hesitated to play hardball to preserve his advantage, and such is the root of the complaints coming from the American telcos.
www.wired.com /wired/archive/9.01/slim_pr.html   (5536 words)

  
 Carlos Slim 1940— - EARLY BUSINESS SENSE, BUYS TELMEX, PASSING THE REINS
Slim went on to receive a degree in engineering from the National Autonomous University of Mexico and by the mid-1960s was investing in a variety of businesses that became the foundation for Grupo Carso.
Slim and his own partners committed to investing up to $10 billion in the inefficient telephone company over the next five years; in exchange for this guarantee Slim was protected from a hostile takeover, in that his controlling shares would be off-limits for the coming 10 years.
Slim was upset by the fact that competitors were allowed by the Mexican government to use Telmex's network at low costs in areas of the country where they lacked their own networks.
www.referenceforbusiness.com /biography/S-Z/Slim-Carlos-1940.html   (970 words)

  
 Carlos Slim Helu Biography - Richest Mexican
Carlos Slim Helú was born on the 28th of January, 1940 in Mexico City.
Carlos was criticized for raising phone call costs soon after purchasing the business, but he went on to improve phone services in Mexico with the company offering local and long distance calls, mobile phone services, Internet services, and a telephone directory.
Carlos Slim Helu has been referred to as the "Warren Buffett of Latin America", but he thinks of himself as an operator of companies, rather than just an investor (like Buffett).
www.woopidoo.com /biography/carlos-slim-helu/index.htm   (678 words)

  
 Like father, like sons? | The San Diego Union-Tribune
Carlos Slim Helu is the richest man in Latin America and founder of a $16 billion business empire.
Slim and his three sons and three daughters declined to be interviewed.
Carlos Slim Domit Jr., 37, is chief executive of Telmex, part of the family's Grupo Carso conglomerate.
www.signonsandiego.com /uniontrib/20040821/news_1b21slim.html   (966 words)

  
 Carlos Slim: King Midas of Mexico - Credit Suisse emagazine
The 64-year-old Carlos Slim Helu laid the foundation for his wealth when he was a small boy – by selling sweets to his older brothers on weekends.
The fact that Slim nurtures good relations with politicians and is not afraid to use his connections is illustrated by another example: last year he donated USD 50 million to pay for the restoration of the old town in Mexico City.
Carlos, Marco Antonio, and Patrick are slowly taking over more responsibilities from their father, but at the age of 64 is far from ready to hand over the reins.
emagazine.credit-suisse.com /article/index.cfm?...&aoid=55043&lang=en   (1185 words)

  
 Prodded by the Left, Mexico's Richest Man Talks Equity - New York Times
Slim's empire, which includes telephones, cigarettes and parts for crude oil platforms, faces fierce challenges, and he has suddenly emerged from a shield of secrecy to conduct a very public campaign for greater social and economic equity.
Slim, 66, whose fortune is estimated at $30 billion to $40 billion, has traveled across the region to build and consolidate relationships with the growing number of left-leaning leaders whose politics have cast a harsh light on the economic divide between the region's poor masses and tiny group of elites.
Slim to give back to a country that has given him so much, and others who suspected a self-serving ploy to lock in the unfair economic model that made him a monopolist.
www.nytimes.com /2006/06/03/world/americas/03slim.html?ex=1306987200&en=87ff5ffac4ee12aa&ei=5088&partner=rssnyt&emc=rss   (855 words)

  
 Bloomberg.com: Latin America
Slim, 66, whose net worth is surpassed only by the fortunes of Microsoft Corp. co-founder Bill Gates and investor Warren Buffett, says such changes are needed to reverse economic stagnation in Mexico, which is growing at about half the average pace of Latin America.
Slim, in an interview in the contemporary Mexico City mansion that serves as his office, says Mexico's future is threatened by regulations that suffocate investment, an inept legal system, rampant crime and a lack of jobs and growth.
Slim paused in the entryway to a Roman Catholic chapel inside the hospice to view murals from the 1930s by Jose Clemente Orozco that depict the struggle of workers against the rich.
feeds.mexicocitynews.net /?rid=235b5a824c67e47e&...   (3797 words)

  
 SLIM'S PICKIN' GIANT By ZACHERY KOUWE - New York Post Online Edition: Business   (Site not responding. Last check: 2007-10-03)
The Slim family, whose fortune is estimated to be $30 billion, is jumping into a dynamic situation with Univision, as American media giants look for a foothold in the fast-growing Spanish-language broadcasting business.
Slim's father, Carlos Slim Helu, made nearly $1 billion buying the debt of bankrupt WorldCom, which was bought by Verizon after a prolonged bidding war with rival Qwest Communications last year.
Slim is a member of Televisa's board of directors, which decided last week to pursue a takeover of Univision along with several private equity firms.
www.nypost.com /business/67733.htm   (461 words)

  
 Bloomberg.com: Latin America
Carlos Slim Domit, 37, formerly co-chairman of Telmex with his father, takes over immediately at the helm the board of Telmex, according to a filing with the U.S. Securities and Exchange Commission.
Slim has included his eldest son in the management of Telmex since the family and a group of international investors first purchased control of the company from the Mexican government in a December 1990 auction.
Slim this year acquired a 13 percent equity stake in MCI Inc., the telephone company that exited the biggest bankruptcy in U.S. history this month, by converting the company's bonds into shares in the restructuring.
quote.bloomberg.com /apps/news?pid=10000086&sid=a4z1RVKCmVNs&refer=latin_america   (771 words)

  
 [No title]   (Site not responding. Last check: 2007-10-03)
Slim is very intelligent, very ambitious, and he likes to be the only one in the market,” says Gustavo de la Garza, chairman of Marcatel, a long-distance carrier that ran into a brick wall when it entered the Mexican market in 1996.
Slim’s campaign comes at a critical time for the country, which is fresh off a divisive presidential election in which Mexicans voted by the slimmest of margins to continue with free-market policies that have stabilized the economy but have so far delivered limited growth and more disparity between rich and poor.
Slim’s detractors suggest he is trying to burnish his image in the face of democratic reforms, slowing market growth and planned regulatory changes that seem certain to curtail his freedom to wield power behind the scenes.
www.redherring.com /article.aspx?a=17755   (2670 words)

  
 VnExpress - Huyen thoai ve nguoi 'dong vao cai gi cai do thanh vang'
Carlos Slim Helu, tỷ phú truyền thông với tập đoàn Telmex lớn nhất châu lục, nổi tiếng không chỉ vì giàu có và tài kinh doanh mà còn bởi những tính cách rất đặc biệt.
Carlos Slim sinh năm 1940 và lớn lên trong khu phố của những người dân nước ngoài tại thành phố Mexico.
Carlos Slim Helu mua được 44 cổ phiếu của ngân hàng Banamex, ngân hàng lớn nhất của Mexico lúc đó.
vnexpress.net /Vietnam/Kinh-doanh/Kinh-nghiem/2004/12/3B9DA1E2   (2046 words)

  
 Slim’s Univision Holdings Get Fatter - 4/28/2006 5:28:00 PM - Multichannel News   (Site not responding. Last check: 2007-10-03)
Mexican telephone mogul Carlos Slim Domit is continuing to bulk up his personal holdings in Spanish-language broadcaster Univision Communications Inc., buying another 3 million shares of the broadcaster’s stock for about $102 million, according to Securities and Exchange Commission filings.
Slim, chairman of Mexican telephone giant Teléfonos de México S.A. de C.V., said in a filing Thursday that one of his holdings -- Telmex Trust, the pension fund of the telephone company -- purchased 3 million shares of Univision on the open market from March 23-April 3 at an average price of $33.88 per share.
News of Slim’s increased interest in Univision comes in the wake of reports that The Walt Disney Co. and CBS Corp. are considering teaming up on a bid.
www.multichannel.com /article/CA6329307.html?display=Breaking+News   (387 words)

  
 Mexican Billionaire Carlos Slim Defends Telephone Rates
Slim responded to comments by Bank of Mexico Governor Guillermo Ortiz, who cited concentration in the telecommunications sector as an example of companies limiting competition in the country.
Slim said Telmex has lowered its rates by 59.3% in real terms over the past six years, while electricity rates charged by the state-run power utilities have more than tripled.
Slim said 65% of Telmex's customers aren't profitable, and are in areas where competitors don't invest.
www.banderasnews.com /0603/nt-carlosslim.htm   (327 words)

  
 Bloomberg.com: Latin America
Slim Domit, 39, the eldest son of Mexican billionaire Carlos Slim, removed himself after Mexico City-based Televisa, the world's largest Spanish-language broadcaster, disclosed he had purchased 3.8 percent of Univision between March 9 and April 3.
Slim Helu, 66, was listed by Forbes magazine this year as the world's third-richest person with $30 billion.
Slim Domit's purchase of Univision stock creates at least the appearance of a conflict of interest, said analysts such as Lynn Stout, a professor at the UCLA School of Law in Los Angeles.
www.bloomberg.com /apps/news?pid=10000086&refer=latin_america&sid=abLLVmrW7r9E   (715 words)

  
 Carlos Slim Helu New Internationalist - Find Articles
CARLOS Slim is a man with a mission.
Carlos Slim's father, Julian, fled the Ottoman Empire's military draft as a teenager and wound up in Mexico in 1902.
Slim wants to protect his home base at the same time as he looks abroad and he knows the power of populism.
findarticles.com /p/articles/mi_m0JQP/is_368/ai_n6143535   (962 words)

  
 Third-richest man to give away part of fortune - World - smh.com.au
Mexican billionaire Carlos Slim, the world's third-richest man, will give away a chunk of his fortune by matching donations to health, education and social programs in Mexico.
Slim's Telmex foundation is funded with cash from the company operations while Carso's is mostly supported by personal donations from the businessman, his six children and other relatives.
Slim, 66, made the bulk of his fortune by turning former state-owned phone company Telmex into a cash cow in the mid-1990s.
www.smh.com.au /articles/2006/09/07/1157222263884.html?from=top5   (552 words)

  
 Mexican billionaire Carlos Slim mocks Gates, Buffett | Vinvesting.com
Slim on Monday announced a new $450 million foundation for health research and care - a minor slice of his estimated $49 billion fortune.
But Slim said he had no interest in competing with Gates and Buffett, who lead him on the Forbes magazine's list of the world's richest and have donated much larger shares of their fortunes.
Slim is gaining rapidly on the two heavyweights with a fortune that grew by $19 billion last year - the largest wealth gain in the past decade tracked by Forbes.
www.vinvesting.com /mexican_billionaire_carlos_slim_mocks_gates_buffett   (204 words)

  
 Carlos Slim Biography   (Site not responding. Last check: 2007-10-03)
Carlos Slim Helú (born January 28, 1940) is Latin America's richest man (and #17 in the world) according to Forbes.
Slim bought Telmex during then-president Carlos Salinas's privatization spree and turned the government-owned organization into a private one.
Slim has been awarded the Entrepreneurial Merit Medal of Honor from Mexico's Chamber of Commerce ; he received the "Golden Plate Award ", granted by the American Academy of Achievement and the Government of Belgium awarded him the Leopold II Commander Medal.
www.primebiography.com /content.asp?contentid=526   (512 words)

  
 Mexico's Carlos Slim buys Verizon Latam assets - Boston.com
Mexican tycoon Carlos Slim, the world's third-richest man, will buy three Latin American operations from U.S. carrier Verizon Communications for roughly $3.7 billion as he extends his grip on the telecommunications market across the region.
Mexican tycoon Carlos Slim, the third richest man in the world, is seen in Mexico City March 24, 2006.
Slim will buy three Latin American operations from U.S. carrier Verizon as he extends his grip on the telecommunications market across the region.
www.boston.com /business/articles/2006/04/03/mexicos_carlos_slim_buys_verizon_latam_assets   (562 words)

  
 Daily News - eluniversal.com
Telmex and América Móvil, the two corporations owned by Slim that are to purchase the Venezuelan company, asked the Venezuelan Stocks Exchange Commission (CNV) to authorize their bid to purchase all of Cantv shares.
Slim already owns 2.4 percent of Cantv shares through Inmobiliaria, a firm where he has a majority stake and which holds 2.7 million ADSs of the Venezuelan telecom company.
Considering Slim deal with Verizon, the third richest man in the world virtually controls 30.9 percent of Cantv, which is a great advantage for his bid.
english.eluniversal.com /2006/04/19/en_eco_art_19A695403.shtml   (174 words)

  
 Carlos Slim finds U.S. market hard to penetrate (printable version)
Carlos Slim, Latin America’s richest man, is more than a billion dollars richer after selling his stake in MCI Inc. to Verizon Communications.
Slim has stakes in U.S. firms including the food and tobacco conglomerate Altria Group Inc., and high-end retailer Saks Inc. But both appear to be buy-low, sell-high holdings.
Analysts say Slim may turn his sights away from his on-again, off-again interest in the U.S. market and use the estimated $1.1 billion he earned from the MCI sale to go on another buying spree in a region that has been good to him: Latin America.
www.rgj.com /news/printstory.php?id=97293   (790 words)

  
 SignOnSanDiego.com > News > Mexico -- Mexico's Carlos Slim becomes first Latin American among world's five ...
Slim, the son of Lebanese immigrants, first made his money in retail then branched into telecommunications with the purchase of former telephone monopoly Telefonos de Mexico, or Telmex, which remains Mexico's dominant carrier.
What's more, Slim – whose representatives declined to comment on the record for this story – seems to have a knack for identifying undervalued assets.
Many here say Slim is able to buy so much – a large stake in MCI, as well as cell phone and land carriers throughout Central and South America – because of cash cow Telmex, in which the government essentially handed him a monopoly at a 1991 privatization sale.
www.signonsandiego.com /news/mexico/20050312-0105-mexico-risingmagnate.html   (748 words)

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