Article: Carlos Slim Helú

Carlos Slim Helú , 1940-, Mexican business executive. The son of a Lebanese Maronite immigrant who became a successful merchant and real-estate investor, Slim was trained as a civil engineer (grad. 1960). In the 1960s he began acquiring struggling Mexican companies and transforming them into lean, modernized, and profitable businesses, winning a reputation as a shrewd investor. In 1990 the well-connected Slim acquired Telmex, the government telephone company, and was then awarded the sole national cellular telephone license, which was used to establish América Móvil. He has since also become notorious for anticompetitive maneuvers to preserve his lucrative dominance of ...

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