Great Business Stories

← Great Business Stories8 Jul · 31 min

Carlos Slim: The Numbers Genius Who Built an Empire

Carlos Slim: The Numbers Genius Who Built an Empire8 Jul31 min

<p>This is a guy whose father fled Lebanon with almost nothing and today is worth $120 billion. I examine how he built his fortune buying up distressed businesses during Mexico&#39;s economic collapse of the 1980s, and how a controversial privatisation deal for the national phone company turned him into the richest man in the world. I also look at the huge criticism he&#39;s faced for monopolistic practices that cost ordinary Mexicans billions and also held back the development of an entire country, and how he&#39;s used that fortune combined with this intrinsic and intangible gift for numbers to make savvy investments in everything from Apple to the New York Times. It&#39;s a cracking story — enjoy.</p><p><br></p>