2015 Forbes Billionaires List - #2 Carlos Slim Helu & Family

#2 Carlos Slim Helu & family

Real Time Net Worth As of 3/18/15 = $70.8 Billion

2015 Billionaires Net Worth = $77.1 Billion

Honorary Chairman, América Móvil

Age = 75

Source Of Wealth = telecom, Self Made

Residence = Mexico City, Mexico

Citizenship = Mexico

Marital Status = Widowed

Children = 6

Education = Bachelor of Arts / Science, Universidad Nacional Autonoma de Mexico

Carlos Slim Helu is one of the three richest men in the world, despite changes in the Mexican telecom landscape, where he has prospered greatly over the past two decades.

A new anti-monopoly law is driving some of the shifts.

In June 2014, he spent $5.6 billion to buy out AT&T's 8.3% stake in pan-Latin American wireless carrier America Movil -- by far Slim's most valuable asset. He and his children now own 62% of the company.

AT&T then became an America Movil competitor in Mexico, when it purchased wireless carrier Grupo Iusacell from Mexican billionaire Ricardo Salinas Pliego in January 2015.

Outside of telecom, Slim took private his listed real estate company, Innmeubles Carso, paying minority shareholders $450 million in December 2014. A month later, he became the largest shareholder of The New York Times, with a nearly 17% stake, by exercising warrants to buy more shares.

Slim also holds a controlling interest in industrial conglomerate Grupo Carso, financial venture Grupo Financiero Inbursa and infrastructure development and operating company Ideal.

Source: Forbes - Billionaires

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