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Top 75 Carlos Slim Helu Quotes, Thoughts, & Sayings

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Carlos Slim Helu Quotes
Carlos Slim Helu Quotes

Carlos Slim Helu is a Mexican businessman, philanthropist, and investor.

He became one of the world’s wealthiest people. Through his conglomerate, Grupo Carso, SA de CV, he amassed interests in a wide range of Mexican businesses, including communications, insurance, construction, energy, mining, retailing, publishing, and finance.

Slim was born into a family of Lebanese Christian immigrants to Mexico, where his father amassed a fortune in real estate during the 1910–20 Mexican Revolution. Slim earned an engineering degree from Mexico’s National Autonomous University, and by the mid-1960s, he had invested in and founded a number of businesses that would eventually become Grupo Carso.

Slim learned about compound interest when he was eleven years old and invested in a government savings bond. He bought his first stock when he was twelve years old, and by the age of fifteen, he was a shareholder in Mexico’s largest bank. He worked for his father’s company as a teenager, earning 200 pesos per week. He eventually went to Mexico’s National Autonomous University to study civil engineering.

He became a billionaire in the aftermath of the 1982 economic crash, when the Mexican government began nationalizing banks and scaring away business investors after defaulting on foreign debts due to a devalued peso.

Slim bought controlling interests in a variety of companies at bargain prices and managed them so well that their total value increased dramatically over the course of a decade.

Slim’s ownership of Teléfonos de México (Telmex), the former national telephone monopoly, allowed him to diversify his investment portfolio into American technology and telecommunications firms such as Prodigy Inc. and SBC Communications Inc. for more than a decade, and was the foundation of his success.

Grupo Carso was also a major shareholder in a number of Mexican businesses. Slim had developed strong ties with President Carlos Salinas de Gortari and the ruling Institutional Revolutionary Party by the late 1980s. Slim, along with SBC and France Télécom, bought Telmex for $1.76 billion in 1990 when the Gortari administration privatised the company. Slim later took over Telmex’s management, alienating France Télécom while maintaining close ties with SBC.

His tight control over Telmex irritated his competitors as well as some Telmex customers. América Móvil, Telmex’s mobile phone division, became a separate company in 2001 and grew rapidly for several years, eventually becoming one of the world’s largest telecommunications companies. In 2011, América Móvil acquired its former parent company.

Slim, a well-known art collector and philanthropist, founded the Museo Soumaya (named after his wife) in Mexico City in 1994. The museum relocated to a larger building in the city in 2011. The new anvil-shaped structure, designed by Slim’s son-in-law Fernando Romero, had an aluminium hexagonal facade and offered 183,000 square feet (17,000 square metres) of exhibition space on the inside.

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According to Forbes, he was once the world’s richest man and is still among the top ten billionaires in the world.

Real estate, retail, hospitality, education, health care, industrial manufacturing, energy, transportation, media, entertainment, high-technology, sports, and financial services are among Carlos Slim’s conglomerates.

We’ve compiled a list of the most memorable Carlos Slim quotes:

Carlos Slim Helu Quotes

“To think that happiness comes from buying things is crazy.” — Carlos Slim Helu

Carlos Slim Helu Quotes

“I spend most of my time studying new technologies.” — Carlos Slim Helu

“My main task is to understand what’s going on and try to see where we can fit in.” — Carlos Slim Helu

“The biggest things in life are not materials.” — Carlos Slim Helu

“Life’s road is very long, but it is travelled fast.” — Carlos Slim Helu

“You have to have an international reference of competition. You have to go beyond your home.” — Carlos Slim Helu

“What is most valuable in life does not cost anything but is very precious.” — Carlos Slim Helu

“When you give, do not expect to receive, fragrance clings to the hand that gives the rose.” — Carlos Slim Helu

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“If you’re in business, you need to understand the environment. You need to have a vision of the future, and you need to know the past.” — Carlos Slim Helu

“Wealth should be created by investing to create more wealth. Income is the fruit of wealth. If you do not do that, you will not have more income.” — Carlos Slim Helu

“Mistakes are normal and human. Make them small, accept them, correct them, and forget them.” — Carlos Slim Helu

“Technology is going to transform people’s lives and society everywhere in the world.” — Carlos Slim Helu

Carlos Slim Helu Quotes On Business

“If you are in business, you are not enjoying. You are working.” — Carlos Slim Helu

Carlos Slim Helu Quotes On Business

“I don’t believe too much in luck, believe in circumstances and in work.” — Carlos Slim Helu

“When we face our problems, they disappear. So learn from failure and let success be the silent incentive.” — Carlos Slim Helu

“Distribute a good part of the fruits, not the branches of the tree, and ‘reinvest’ part of the fruit sees to grow more trees and create wealth.” — Carlos Slim Helu

“Wealth should be best to create more wealth.” — Carlos Slim Helu

“If you’re in business, you need to understand the environment. You need to have a vision of the future, and you need to know the past.” — Carlos Slim Helu

“Firm and patient optimism always yields its rewards.” — Carlos Slim Helu

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“Do not allow negative feelings and emotions to control your mind.” — Carlos Slim Helu

“All businesses make mistakes. The trick is to avoid large ones” — Carlos Slim Helu

“Be practical, and have clear and attainable goals.” — Carlos Slim Helu

“Don’t overwork your employees, make sure that they’re able to maintain a healthy work/life balance.” — Carlos Slim Helu

“Live the present intensely and fully, do not let the past be a burden, and let the future be an incentive. Each person forges his or her own destiny.” — Carlos Slim Helu

“When there is a crisis, that’s when some are interested in getting out and that’s when we are interested in getting in.” — Carlos Slim Helu

Carlos Slim Helu Quotes About Mistakes

“Mistakes are normal and human. Make them small, accept them, correct them, and forget them.” — Carlos Slim Helu

Carlos Slim Helu Quotes About Mistakes

“Invest prodigiously in your business, especially when others aren’t investing in theirs, and do so for the long-term.” — Carlos Slim Helu

“Focus on the essentials, and try not to get distracted and bogged down by things that don’t add anything of value to the bottom line.” — Carlos Slim Helu

“Don’t try to be and do everything yourself; rather, create alliances and partnerships with others.” — Carlos Slim Helu

“Relish competition, and understand that it’s healthy and will make you and your business stronger.” — Carlos Slim Helu

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“Choose the right employees and then set them loose.” — Carlos Slim Helu

“Don’t stay local, go global.” — Carlos Slim Helu

“I learned from my father that you continue to invest and reinvest in your business – including during crises.” — Carlos Slim Helu

“People need to feel very good about their achievements. They get pride from what they are doing.” — Carlos Slim Helu

“All businesses make mistakes. The trick is to avoid large ones.” — Carlos Slim Helu

“Anything that has privileges has a responsibility and all people that is clear about their responsibility have compromise.” — Carlos Slim Helu

“When you are convinced what to do and what you need to do, it’s not hard to do that.” — Carlos Slim Helu

Carlos Slim Helu Quotes On Competition

“Competition makes you better, always, always makes you better, even if the competitor wins.” — Carlos Slim Helu

Carlos Slim Helu Quotes On Competition

“When you live for others’ opinions, you are dead. I don’t want to live thinking about how I’ll be remembered.” — Carlos Slim Helu

“Anyone who is not investing now is missing a tremendous opportunity.” — Carlos Slim Helu

“Any personal crisis—you have to use it to get stronger.” — Carlos Slim Helu

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“All times are a good times for those who know how to work and have the tools to do so.” — Carlos Slim Helu

“Success is not about doing things well or even very well, or being acknowledged by others.” — Carlos Slim Helu

“Most people try to make a better world for our children when what they should be doing is making better children for our world.” — Carlos Slim Helu

“Well, when I was very young, maybe 12 years, I began to make investments.” — Carlos Slim Helu

“Poverty isn’t solved with donations.” — Carlos Slim Helu

“Firm and patient optimism always yields its rewards.” — Carlos Slim Helu

“Staying occupied displaces preoccupation and problems, and when we face our problems, they disappear.” — Carlos Slim Helu

“Money is not a goal. The goal is to make companies grow, develop, be competitive, be in different areas, be efficient to have a great human team inside the company.” — Carlos Slim Helu

Best Famous Quotes By Carlos Slim Helu

“Be optimistic, and not guided by your fears.” — Carlos Slim Helu

Best Famous Quotes By Carlos Slim

“The only way you finish with poverty is with jobs.” — Carlos Slim Helu

“In this new wave of technology, you can’t do it all yourself, you have to form alliances.” — Carlos Slim Helu

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“It’s very important for leaders in business to work to create human capital, a team that has the same sense of purpose and alignment.” — Carlos Slim Helu

“Work well done is not only a responsibility to yourselves and society; it is also an emotional need.” — Carlos Slim Helu

“Choose the right employees and then set them loose.” — Carlos Slim Helu

“You cannot live without doing something.” — Carlos Slim Helu

“When we decide to do something, we do it quickly.” — Carlos Slim Helu

“You cannot have people in your organization who are pessimists. They take you to mediocrity.” — Carlos Slim Helu

“Courage taught me no matter how bad a crisis gets… any sound investment will eventually pay off.” — Carlos Slim Helu

“Focus on essentials and try not to get distracted and bogged down by things that don’t add value to the bottom line.” — Carlos Slim Helu

“When we face our problems, they disappear. So learn from failure and let success be the silent incentive.” — Carlos Slim Helu

Summary

Carlos Slim Helu is a Mexican businessman worth $72 billion dollars. He is the wealthiest person in Mexico and one of the world’s wealthiest people. His businesses primarily focus on the Mexican telecommunications industry, and he is considered one of the world’s wealthiest people.

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He received many lessons on business-related topics from his father as a child, including finance, management, and accounting. His father also taught him useful skills like reading financial statements and keeping accurate financial records.

He is the chairman and CEO of Telmex and América Móvil, two of the world’s largest telecom companies. He has a net worth of more than $7 billion and is frequently compared to Warren Buffet and Bill Gates for the title of world’s wealthiest man.

Thank you for taking the time to read this collection of Carlos Slim Helu’s best quotes! Remember to share them on social media.

 

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Pavitra Kumar is the Founder-Editor of YourSelf Quotes. He has been running YourSelf Quotes and studying self-development, people quotations, and success stories for the last 8 years. Pavitra's mission is simply, to inspire others to live their dreams.

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