ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Who is Carlos Slim?

Updated on March 13, 2010

 It is very ironic that the the world's richest man, Carlos Slim, is a Mexican. Carlos is worth $53.5 Billion. Yeah, that is with a "B". Ironic because Mexico is not exactly known for wealth, in fact, it is quite the opposite impression tourists get there: poverty, drug crimes, cartels, mass murders. More so, Mexico is proud and angry at Slim. Proud as to what one man has achieved, and angry about his wealth.

Slim was born to a simple shopkeeper seventy years ago. He became an engineer and learned how to save failing companies and then resell for a big profit. He now owns many retail, telecom, manufacturing and construction companies in Mexico. In fact, with all the subsidiaries involved, Mexicans are paying Slim all the time as they  talk over a cell phone at a shopping mall while paying a bill at a bank--all owned by Carlos Slim! Then, maybe they will go have a bite to eat at a restaurant, again, owned by Slim.

Slim owns most of Telmex, the firm that owns 83% of the land lines in Mexico and its leading Internet provider. He owns a top selling cell phone business and merging with TV production. He owns Sears and Saks retail stores in Mexico.

Mexico has 107 million people, of which, 50 million are in poverty, while another 19 million are in extreme poverty, those who do not earn enough to buy food. This is what angers many Mexicans, Carlos Slim has not been a generous man with his money to help the poor. His donations fall far below that of Bill Gates, Warren Buffet (who are the 2nd and 3rd most richest men). Carlos is not generous and for a single man with so much wealth, where, donating $500,000,000 to relief agencies would be a mere drop in his wealth, he feels little compassion for his fellow citizens to do this.

And where was Carlos Slim in the Haitian or Chile earthquake relief? No se. El hombre es silencio.


    0 of 8192 characters used
    Post Comment

    • ktn6699 profile image


      6 years ago

      Great article~

    • profile image

      Your mom 

      8 years ago

      There is a reason why Carlos Slim did not directly give away his wealth to his people like that. He believes that problems should be solved by getting to the root of the problem, not by giving away money, which would only be a short term solution. He would rather create more jobs and donate money for education so that future generations have a better chance than their predecessors to be successful and make something of themselves, rather than take the easy way out and just accept donations.

      He believes that the only way we can truly solve the ongoing problem of poverty is to indirectly donate money to institutions that will help educate the people, which would thus help them get jobs, therefore helping them get financially stable. All by themselves. People do not need the help of donations to live comfortably.

      thank you for coming to your senses.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)