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Mexico's Carlos Slim Puts Two Grandsons On Company Boards in Generational Transition

Expanding his business succession plan to the family's third generation, Carlos Slim has named two grandchildren to companies' boards.

Carlos Slim keeps it in the family as grandkids join boards

By Christine Murray and Julien Toyer MEXICO CITY/MADRID (Reuters) - Mexican billionaire Carlos Slim has put two of his grandchildren on boards of his companies, a major step in the succession of one of the world's largest family business empires. Show More Summary

RiFF RAFF Premieres His New Video for "Carlos Slim"

The video is for his first single off his upcoming sophomore album 'PEACH PANTHER' out June 24.

Watch RiFF RAFF Face Off With the Cartel in His Wild “Carlos Slim” Video

RiFF RAFF has just released a fittingly exorbitant new video for his latest single, “Carlos Slim.” The song comes ahead of the Houston-bred rapper’s impending sophomore LP PEACH PANTHER, otherwise known as RiFF’s latest alter-moniker (along with Jody HiGHROLLER, KOKAYNE DAWKINZ, ICEBERG SIMPSON, NEON ICON, VERSACE PYTHON and the list goes on). Show More Summary

Carlos Slim target FCC buys back debt at discount: -source

MADRID (Reuters) - Spanish construction group FCC has reached a deal with creditor banks to buy back close to 400 million euros ($451 million) of debt at a discount, a source familiar with the matter said on Friday. FCC, which is partly...Show More Summary

America Movil meeting approves 12 billion peso share purchase fund

MEXICO CITY (Reuters) - A shareholder meeting of Mexican telecoms giant America Movil, which is controlled by the family of billionaire Carlos Slim, voted to create a 12 billion peso ($689 million) stock purchase fund, the company said in a statement on Monday. Show More Summary

Slim companies spend over $200 million on America Movil stock

MEXICO CITY (Reuters) - Mexican billionaire Carlos Slim's bank and his holding company spent over $200 million between November and late February to buy nearly 350 million shares in Slim's America Movil, according to a U.S. regulatory filing released on Tuesday. Show More Summary

Carlos Slim Undecided About Relisting His $80 Million Landmark New York Mansion

Carlos Slim has not yet decided whether to continue attempting to sell a landmark Fifth Avenue mansion, for which he asked $80 million before taking it off the market.

Billionaire Slim ‘Biggest Loser’ in World’s Top 400 Richest People

Carlos Slim had a tough year, the worst among the wealthiest people of the world. Since the start of 2015, the Mexican executive lost almost $20 billion, or about the size of Honduras’s economy, according to the Bloomberg Billionaires Index. The shares of his America Movil SAB telecommunications giant are heading for their biggest decline […]

Opening Bell: 12.22.15

Deustche Bank flags $10 billion in suspicious trades; Carlos Slim is poor(er); "You Can Exchange Driving Lessons For Sex In Holland"; and more.

Mexico's Carlos Slim Is The Year's Biggest Billionaire Loser

Mexican tycoon Carlos Slim Helú is the biggest billionaire loser in dollar terms in 2015. The reason? Weakness at his telecom company and the collapse in gold prices took a toll on his wealth.

Billionaire Slim won’t give away shares

Mexican billionaire Carlos Slim says he will not give away his family's shares to charity like Facebook founder Mark Zuckerberg. ||| Mexico City - Mexican billionaire Carlos Slim said on Thursday he will not give away his family's shares...Show More Summary

Mexican tycoon Slim says he will not give away shares to charity

By Christine Murray MEXICO CITY (Reuters) - Mexican billionaire Carlos Slim said on Thursday he will not give away his family's shares to charity like Facebook founder Mark Zuckerberg. Earlier this week, Zuckerberg announced he would...Show More Summary

Jeff Bezos Unseats Carlos Slim As World's Fourth Richest Man

Carlos Slim Helú has been unseated by Amazon.com CEO Jeff Bezos as the world's fourth richest person; the Mexican magnate's companies have suffered from a weak Mexican peso and declining stock prices.

The Secret Life of One of the Richest Men in the World

Carlos Slim was the richest man in the world between 2010 and 2013

How The Bank of Palestine Bested Carlos Slim

The Bank of Palestine plans to open a branch in Chile after expanding to Dubai over the summer.

Tycoons, telecoms and Trotsky: book lifts veil on Carlos Slim

By Christine Murray MEXICO CITY (Reuters) - Carlos Slim's brother interrogated leftist rebels for Mexico's intelligence agency while his eldest son often hands out a biographical novel about Leon Trotsky as a gift, according to a new book on the tycoon who was long the world's richest man. Show More Summary

Book shines light on Carlos Slim

How did Mexican tycoon Carlos Slim become one of the richest men alive in a country where so many live in poverty? ||| Mexico City - Carlos Slim's brother interrogated leftist rebels for Mexico's intelligence agency while his eldestShow More Summary

Amazon's Bezos becomes world's fourth-richest man

Bezos overtakes Carlos Slim, Mexican telecommunications baron, who had been in fourth place.        

Amazon Rally Makes Jeff Bezos World's Fourth Richest Man

6 months agoNews : Huffington Post

Jeff Bezos has edged past Carlos Slim to become the world’s fourth-richest person, buoyed by a 113 percent rally this year in Amazon.com Inc. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

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