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Carlos Slim

ENTERTAINMENT
June 19, 2011 | By Reed Johnson, Los Angeles Times
Mañana Forever Mexico and the Mexicans Jorge G. Castañeda Alfred A. Knopf: 294 pp., $27.95 Mexicans, like their Spanish forebears, love to quote proverbs as a way of underscoring eternal truths and imparting folk wisdom to younger generations. Jorge Castañeda cites one of these popular adages not once, but twice, in his timely, perceptive new book, " Mañana Forever? Mexico and the Mexicans," to illustrate what he believes are some of the cynical, corrupt and backward-looking attitudes that are preventing his countrymen from living up to their vast potential.
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BUSINESS
March 10, 2011 | From Times wire reports
The richest man in the world remains Carlos Slim, according to Forbes magazine's list of billionaires. The number of billionaires increased by 199 in the past year, according to the magazine, but it was the Mexican telecom magnate Slim, who kept the No. 1 spot for the second year by increasing his worth by $20.5 billion to $74 billion. Photos: Some of the richest people in the world Microsoft Corp. co-founder Bill Gates, who is worth $56 billion, is No. 2 on the list.
BUSINESS
March 9, 2011 | Bloomberg News
Carlos Slim remains the world's richest person for a second year with estimated assets of $74 billion, according to Forbes magazine's annual global ranking of billionaires. The net worth of Mexico's Slim, 71, whose holdings include the largest mobile phone operator in the Americas, rose $20.5 billion. Bill Gates, 55, chairman of Microsoft Corp., was second again as his net worth rose $3 billion, to $56 billion. Warren Buffett, 80, chief executive of Berkshire Hathaway Inc., held on to third place with $50 billion.
BUSINESS
January 20, 2009 | TIMES WIRE SERVICES
New York Times Co. said Monday that it had reached an agreement for $250 million in financing from companies controlled by billionaire Carlos Slim Helu to help the newspaper publisher meet debt payments as credit markets dry up and the newspaper industry confronts plummeting ad revenue. Banco Inbursa and Inmobiliaria Carso will issue senior unsecured notes due in 2015 with detachable warrants, New York Times said.
BUSINESS
September 12, 2008 | Marla Dickerson, Times Staff Writer
Why is the world's second-richest man investing in old media? Some analysts are scratching their heads after Mexican billionaire Carlos Slim Helu revealed this week that he and his family had acquired a 6.4% stake in the New York Times Co., owner of the New York Times, International Herald Tribune, Boston Globe and 16 other daily newspapers. Investors have been fleeing the stocks of U.S. newspaper companies, whose advertising revenues are plummeting because of the slow economy and continued migration of readers from print media to the Internet.
BUSINESS
March 9, 2007 | Marla Dickerson, Times Staff Writer
Telecom mogul Carlos Slim Helu has built a corporate empire so vast that it's nearly impossible for most Mexicans to go a day without slipping a few pesos into his pocket. Those pesos add up. On Thursday, Forbes magazine estimated his net worth at $49 billion. That represented a stunning $19-billion increase from 2006, the biggest one-year jump in a decade for anyone on the magazine's annual list of the world's richest people. Microsoft Corp.
BUSINESS
September 30, 2005 | From Bloomberg News
Mexican billionaire Carlos Slim led a group of business executives, union leaders and academics calling on presidential contenders to commit to a program they said would help spur economic growth and create jobs. About 400 business executives, including Grupo Televisa Chief Executive Emilio Azcarraga, signed an accord Thursday in Mexico City that calls for private investment in roads, energy, water, health and education.
BUSINESS
March 5, 2005 | From Bloomberg News
Carlos Slim, MCI Inc.'s biggest investor, said he opposed the company's planned sale to Verizon Communications Inc., adding to pressure on MCI Chief Executive Michael Capellas to negotiate a better deal. Verizon's $6.76-billon offer is too low and an $8-billion bid from Qwest Communications International Inc. also falls short, said Arturo Elias, a spokesman for Slim, who holds a 13.7% stake in Ashburn, Va.-based MCI. "We find the Qwest offer better, but it's also insufficient," Elias said.
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