Tuesday, August 3, 2010

Slim Carlos-Made Bill Gates Sleepless In Riches!

Carlos Slim Helu is a Mexican entrepreneur and businessman involved in a varied group of companies that include telecommunications, retail, banking and insurance, technology, and auto parts manufacturing businesses. He is the wealthiest Mexican man, the richest Latin American, and one of the top ten richest men in the world.

The name of Carlos Slim has not reached the corners of the world. By virtue of more than $60 billion, Carlos, is a person who made a history in Mexico. His transition upwards from this position is imminent, as the world's number-one richest man, Warren Buffet, recently announced plans to give the majority of his fortune away. This will leave Carlos as the king of all things money. Carlos is a paradox on some levels. He is a jack of all trades, and seemingly a master at them all as well. His talent for making money defies logic, and his holdings continue to grow at an astounding rate.

Carlos Slim Helu was born January 28, 1940 in Mexico City, Mexico. Carlos isn't of Mexican descent; his parents were Lebanese immigrants: Yusef Salim Haddad and Linda Helu.

He was the 5th of 6 children in the large family, and was the smartest among the siblings. Highly academic inclined right from the beginning. Very much interested in the study, completed his engineering from Universidad Nacional Autonoma de Mexico. However he always worked with investments. He soon realized his potential and made strategic plans to get wealthy. Huge success followed him, saluting his plans! He found out underperforming companies and made them make a huge profit. This worked wonderfully for Helu and the companies involved. Carlos made his money the way Warren Buffet did, but Helu thinks as an operator instead of a sheer investor. From 2006 to 2007, Carlos' wealth jumped from an already inflated $30-billion to an amazing $49-billion.

His philosophy about having exclusive infrastructure is somewhat different from others. He thinks

"It's not a question of arriving and putting in a whole new administration, but instead, arriving and "compacting" things as much as possible, reducing management layers. We want as few management layers as possible, so that executives are very close to the operations. We also don't believe in having big corporate infrastructures." Even though he has admitted to having very poor computer skills, he sees the Internet and technology as a major growth area in his group of businesses. He owns the largest Internet Service Provider (ISP) in Mexico and had one of the largest in the United States of America with his acquisition of Prodigy. Carlos Internal corporate communication is so well,he clicks deal!More than his business communication degree his attitude helped him.

Technology enthusiast by instinct, he feels"Technology is going to transform people's lives and society everywhere in the world. My main task is to understand what's going on and try to see where we can fit in." In June of 2007 it was reported that the wealth of Carlos Slim Helu increased to an estimated $67.8 billion, making him the richest man in the world.

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