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18 Nov 2024
46m

Carlos Slim Helú: Telecom titan

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Good Bad Billionaire

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In this episode of Good Bad Billionaire, the spotlight is on Carlos Slim Helú, a Mexican entrepreneur who once held the title of the world's richest person. The podcast explores his evolution from a financially astute teenager to a centi-billionaire, emphasizing his strategic investments in undervalued assets during crises and his eventual control over Mexico's telecommunications sector. While Slim is praised for his business savvy and his role in enhancing Mexico's infrastructure, he faces criticism for monopolistic practices that some argue have stifled the country's economic growth, as well as for his relatively modest philanthropic contributions given his vast wealth. The hosts ultimately suggest that, despite some positive impacts, Slim's legacy leans more toward the "bad" end of the billionaire spectrum due to the negative societal effects of his monopolistic behavior.
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