Carlos Slim Biography: How He Became the World's Richest Man

Early Life and Business Acumen

• 💡 Carlos Slim was born in Mexico City to Lebanese immigrant parents, who instilled in him strong business fundamentals from a young age.
• 💰 At just 12 years old, he bought his first government savings bond and was taught financial literacy, including compound interest and living below his means, by his father.
• 🎓 While studying civil engineering, Slim was already active in the Mexican stock market and even taught algebra and linear programming.
• 🚀 In 1965, he founded his own stock brokerage, Inversora Bersatil, which became the foundation for his vast empire, Grupo Carso.

Seizing Opportunity in Crisis

• ⚠️ During Mexico's turbulent 1980s financial crisis, when foreign investors fled, Slim saw opportunity and went on an aggressive acquisition spree.
• 📈 Guided by the principle to invest when there's