Thursday, May 13, 2010

2010 Forbes Billionaire - Carlos Slim Helu

World Billionaire’s Businessman Standing as No.1, a Mexican entrepreneur and businessman, involves in various groups of companies mainly includes telecommunications, retail, banking and insurance, technology, and manufacturer of automobile parts. He is now the wealthiest Mexican man, the richest Latin American and number one (1) out of many to mention Billionaire's Businessmen in the world, Forbes Business Magazine.

He was born in Mexican on January 28, 1940, 5th among the six siblings of Mr. Yusef Salim Haddad and Linda Helu both from Lebanese Decent. He graduated at Universidad of Nacional Autonoma de Mexico with a degree of Engineering.

He indeed shows his financial success in achieving business through finding undervalued companies and turns it to a profitable one. One of his first businesses was the Telefonos de Mexico (Telmex) which he acquired on the period of privatization (1990) from Mexican government. His construction empire, Impulsora Del Desarrolo y el Empleo, constructed roads and energy infrastructure. He expanded himself especially in the area of telecommunication e.g. local and international calls; mobile phone services; internet services; telephone directory, etc…

Since, he begun his shares in business world, well known and successful businessmen referred him as the 2nd “Warren Buffett of Latin America” however, he is more insisting to himself that he is an “operator of companies, rather just an investor (like Buffet). Like others well known businessman, he has his own weakness (Poor Computer Skills), nevertheless, he pursued to be part of technology, which showed us through his empire in computer retailer companies throughout USA and Puerto Rico with more than 200 outlets. His consistency in managing his business demonstrate a good attitude after he overcome the net-worth billions of Bill Gates (2nd Billionaire Businessman) in Forbes Business Magazine 2010 ranking.

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