Billionaire Carlos Slim Helu is a famous Mexican businessman, engineer, investor and philanthropist. According to Forbes, the 78-year-old billionaire was the richest man in the world between 2010 and 2013.
As of August 2018, Slim is currently the 7th richest person in the world and the richest man in Mexico with a total fortune. The production reached 67.4 billion USD. It is known that Slim’s wealth comes from the huge amount of shares he holds through the Grupo Carso group.
It can be seen that the impact of the once richest man in the world on the Mexican economy is enormous. And, whenever he mentioned the name Carlos Slim Helu, people would immediately compare him to the image of King Midas. He was the one who, when touched by anything, turned into gold in Greek myth.
Sharing about his career as well as the secrets of getting rich, Slim said, business acumen came to him very early. And his success was all thanks to learning from his father – Mr. Julian Slim Haddad.
Slim’s father owns a grocery store selling dry food on the outskirts of Mexico City. At the same time, Mr. Haddad has also invested in real estate. According to Forbes, Haddad will give Slim 5 pesos every Sunday and ask his son to record all the items he bought in a savings handbook.
This activity takes place throughout Slim’s childhood. Together, the father and son will review the handbook and analyze Slim’s expenditures.
This has helped the richest people in Mexico to learn to manage income and expenditure very early. In fact, Slim still has a few savings notebooks to this day and leaves them in his office, Fortune said.
From the practical advice of his father, billionaire Slim started his business early. According to the New Yorker, at the age of 10, Slim opened his first bank account. However, shortly after, because the profit from the deposit was not much.
He had withdrawn all his money to buy government bonds for 10 pesos. By the age of 12, Slim had started buying a stake in Banco Nacional de México – Mexico’s largest bank at the time.