In which year Carlos Slim became the richest person in the world, ousting Bill Gates

Currently, Slim occupies the 16th position of the richest men in the world, while Bill Gates occupies the fourth position.

Currently, the Mexican businessman Carlos Slim, who has Lebanese descent, since his parents are originally from that Asian country, a neighbor of Syria, is the richest man in Mexico and one of the richest in the world. Slim, according to the latest list of Forbes, is in the position 16 among the people with the most accumulation of money worldwide, with a fortune that is calculated in USD 55,930 million.

However, Slim has not always been out of the Top 10 of the richest people on the planet, since even the Mexican came to occupy the number one position, being the richest man in the world, a place that currently occupies the owner of Amazon, Jeff Bezos.

Slim was the richest man from 2010 to 2013, when he had a fortune of USD 53.5 billion, unseating the creator of Microsoft Bill Gates, who had a fortune of USD 53,000 million. For 2011, he was crowned again in position one, making his fortune grow exponentially, counting on USD 74,000 million; in 2012 USD 69,000 million and in 2013, the last year in which it occupied the first position, it had a fortune of USD 73,000 million, according to calculations by the American magazine specialized in financial matters Forbes.

A year later, in 2014, Slim was again ousted by Bill Gates, who accumulated a fortune of USD 76,000 million, while the Mexican reached USD 72,000 million.

Carlos Slim was the richest man in the world from 2010 to 2013. Photo: EFE / ALI HAIDER
Carlos Slim was the richest man in the world from 2010 to 2013. Photo: EFE / ALI HAIDER

Currently, Slim is down several notches, and Bill Gates is no longer the richest man in the world, but he is in fourth position, with a fortune of $ 124 billion.

The origin of the fortune of Carlos Slim goes back to his childhood, since at the age of 10 he discovered a place where they sold wholesale sweets and his first business was to resell that merchandise under the stairs of his house, located in Polanco, very close to Lincoln Park. In addition, the businessman of Lebanese origin began working with his father, Julián Slim Haddad, Since he was very young and thanks to him he had an approach to the world of finance and business, since he gave him basic lessons in financial education.

What’s more, Julian Slim He taught the telecommunications magnate how to manage his savings in order to better manage his expenses and income through notebooks that he himself gave him to make the corresponding records of his expenses, purchases and movements. When he was only 12 years old, the businessman managed to open his first checkbook and buy shares in the Mexican Stock Exchange (BMV).

After studying at the Faculty of Engineering of the National Autonomous University of Mexico (UNAM), where he received the title of Civil engineer, Carlos Slim began to found the bases of Carso Group, one of the largest and most important business conglomerates in Mexico and Latin America in terms of infrastructure, construction, energy, industry and research. The formation of this consortium was thanks to the fact that it began to acquire industrial companies and, the profits collected from these businesses, were reinvested or used to get more companies. A year later, in 1966, the magnate established the real estate Carso, three months before marrying Soumaya Domit Gemayel, also of Lebanese origin. In 1967, Carlos Slim founded and presided over the companies Promotora del Hogar, SA dedicated to commercializing homes, and GM Maquinaria, belonging to the business of buying, selling and renting construction equipment. Furthermore, in 1968, one of the most emblematic years in contemporary history, he acquired and managed Mina el Volcán SSG Inmobiliaria, SA

Carlos Slim currently has a fortune of USD 55,930 million. EFE / Santi Donaire / Archive
Carlos Slim currently has a fortune of USD 55,930 million. EFE / Santi Donaire / Archive

Although the businessman born in 1940 already had a significant track record in the investment industry, the exponential growth of Slim Helú’s fortune began to take shape until the early 1980s, when he formally founded Carso Group. Due to the economic crisis of 1982, several companies sold their assets at very low costs, which allowed Carlos Slim to appropriate their capital, which saw a flowering at the end of that same decade, when the tycoon began to appear as one of the most successful men in Mexico.

KEEP READING:

Article: Source