Carlos Slim Helu's Net Worth

Carlos Slim Helú, the Mexican business magnate, has long been recognized as one of the richest individuals in the world. Known for his vast empire spanning telecommunications, real estate, and numerous industries, Slim’s wealth stems primarily from his ownership of América Móvil, Latin America's largest mobile telecom company. 

In this article, we’ll explore how Carlos Slim Helú’s diversified business empire and investment strategy have established him as one of the wealthiest and most influential figures globally.

What is Carlos Slim Helu’s Net worth?

As of July 2024, Carlos Slim Helu has a net worth of $92.2 billion.

Carlos Slim Helu, the wealthiest person in Latin America, earns a large sum of wealth annually, totaling around $857.7 million. A significant amount of his wealth comes from Grupo Carso and América Móvil, where he owns around 76% and 62% of the stakes, respectively.

Besides that, he has also acquired some other significant companies like Grupo Financiero Inbursa, Telmex (which is now a part of América Móvil), and more, which further fuels his wealth.

What is Carlos Slim Helu’s claim to fame?

The Mexican billionaire’s journey toward fame is marked by several astute business decisions and strategic connections. It all began in 1965, when 25-year-old Carlos Helu established the brokerage company Inversora Bursatil, which helped him gain some attention among the local group of investors.

However, it was not until 1986 that Carlos Slim Helu became a prominent businessman in his country through the establishment of Grupo Carso, which operates in various sectors. Furthermore, by mostly acquiring América Móvil in 2007, the billionaire further cemented his stature, but now across the entire Latin America. Besides business, his charitable endeavors for the people of his country made him shine as a generous philanthropist.

What businesses does Carlos Slim Helu own or is a part of?

The billionaire Carlos Slim Helu has turned his business into a massive empire over the last three decades. Currently, most of the ventures he has acquired over the years play a major role in gathering his wealth and spreading his influence. Below are some of the most important businesses he owns.

• Grupo Carso: Grupo Cars was the first company that Carlos Slim founded in the late 1980s as a brokerage company. Since then, Carlos has been using this company to acquire other ventures, and now it has turned into a multi-national conglomerate.
• América Móvil: Carlos Slim and his family also mostly control América Móvil, which is the largest telecommunication firm in Latin America. The group acquired this firm back in 2007, and since then they have heavily invested in it and expanded its operational areas.
• Grupo Financiero Inbursa: Grupo Financiero Inbursa is a banking and insurance firm that Carlos Slim and his family own through Grupo Carso. It was established in 1985 by Carlos, and since then it has been playing a major role in adding to his wealth.
• Telmex: Telmex is a Mexican telecommunications company that was founded by Carlos Slim Helu in 1990. It has maintained a virtual monopoly since Carlos acquired it, and now it has been completely merged as a subsidiary of América Móvil.

Above are all the business ventures that Carlos Slim mostly owns; however, his extensive list of investments does not end there, as it consists of other companies like Caixa, The New York Times, WellAware, and more where he owns comparatively smaller stakes.

How does Carlos Slim Helu spend his billions?

Being the richest person in Latin America sets Carlos Slim apart from most in that region; however, he is known to be a low-profile person, which also makes it hard to determine the exact figures he spends on properties, cars, and jets. Down below is a list of different assets that Carlos has shared information about publicly.

How many properties does Carlos Slim Helu own?

Carlos’s real estate portfolio is quite extensive, as he currently owns a plethora of properties in both North and South America. However, as he keeps a low profile, most of his properties remain unknown. Below is a list of some of the significant ones he owns. 

• Mexico City Property: The Mexico City Property is the main residence of Carlos Slim and his family. It is quite a humble house, consisting of six bedrooms all designed in a gothic style.
• Duke Semans Mansion, New York City: The Duke Semans Mansion is a historic townhouse that is located on 5th Avenue in Manhattan, New York. It was acquired by Carlos for $44 million in 2010, and in 2023, it was put up for sale for a staggering $88 million.
• Beverly Hills Estates: The Beverly Hills estates that Carlos owns are spread around 8 acres of land in the areas of Wilshere and Santa Monica Boulevard.
• PepsiCo Americas Headquarters: The PepsiCo Americas Headquarters was acquired by Carlos Slim back in 2015. 
• Marquette Building, Detroit: The Marquette Building falls under one of Carlos Slim’s strategic acquisitions; however, it still remains empty.

How many different transports does Carlos Slim Helu own?

Unlike his rather diverse portfolio of houses, Carlos Helu is known to live a rather modest lifestyle, which is also one of the reasons that he just owns a $300,000 Bentley Continental Flying Spur, which he bought back in 2011 and still uses.

Aside from that, he is also known to own a Gulfstream G550; however, as of yet, Carlos has not revealed any details regarding it.

What are Carlos Slim Helu’s charitable contributions?

Carlos Slim Helu makes a significant amount of donations to several charity organizations all through his Carlos Slim Foundation, which was founded by him in 1986.

• Health: The Carlos Slim Foundation has donated around 130,000 glasses to the unprivileged, facilitated around 800,000 surgical operations for free, and supported maternity care for over 1.5 million women and their babies.
• Education: As for education, the Carlos Slim Foundation has enabled completely free access to computers and digital education for over 1.5 million Mexicans.
• Social Development: This foundation has also donated over 300,000 cycles to children living in rural areas of Mexico, and much more.

These are just some of the well-known charitable contributions that were made by Carlos Slim through his foundation. Apart from these, the Mexican billionaire has also been donating a hefty sum of money to organizations through the Telmex Foundation.

What’s next for Carlos Slim Helu? 

Carlos Slim Helu has been on a run to expand his empire more, as he has been investing and acquiring small stakes in conglomerates like British Telecommunication, where he paid around $430 million to acquire a 3% stake in it. 

Apart from that, he has personally not shared any of his future plans, and no news regarding his plans for the near future has surfaced on the internet. This also shows that, when it comes to privacy, Carlos strictly maintains it.

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