Carlos Slim Helu
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Known as the "Warren Buffett of Latin America," Carlos Slim Helú is a Mexican entrepreneur and businessman that active in various groups of companies that include telecommunications, retail, banking and insurance, technology, and auto parts manufacturing businesses. Over the years, Helú has grown to be the wealthiest Mexican man, the richest Latin American, and one of the top ten richest men in the world.
Before his financial success, Carlos Slim Helú studied engineering at the Universidad Nacional Autonoma de Mexico. His monetary success came from his rigorous work of discovering undervalued companies and making them profitable.
One of Helú’s profitable companies, Telefonos de Mexico (Telmex) has had a significant influence over the telecommunications industry in Mexico and most of Latin America. With Helú at lead, he advanced phone services in Mexico in providing people local and long distance calls, mobile phone services, Internet services, and a telephone directory.
Within the telecommunication sector, Helú controls ninety percent of the telephone lines in Mexico since they are operated by Telmex. In addition, Helú also controls Telcel, the mobile company that functions almost eighty percent of all the country's mobile phones. With these businesses, Helú’s developments overseas were financed. In the last five years, Helú’s wireless carrier América Móvil has purchased cellphone companies across Latin America, and is now the region's dominant company, with more than 100 million subscribers. With this much power and success, it is without a doubt, that Carlos Slim Helú is a true business leader.
