Carlos Slim was born on January 28, 1940, in Mexico City, Mexico. His father, a Lebanese immigrant, instilled a strong work ethic in him from a young age, encouraging entrepreneurial spirit.
“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
Carlos Slim built the largest fortune in Latin America by doing what others feared — investing during crises. While everyone panics and sells, he buys. This contrarian mindset applies far beyond finance.
I learned from my father that in every crisis there is opportunity. When everyone is running away, that's your signal to look closer. The best deals of my life were made when everyone else thought the world was ending.
“It's not a question of arriving and putting down your suitcase. You have to keep working, keep fighting.”
— Carlos Slim
Slim rejects the idea that success has a finish line. Maintenance of achievement requires the same hunger that created it.
People think wealth means you can stop. That's the biggest illusion. The moment you stop moving, you start dying. Every day I wake up hungry, because comfort is the enemy of everything I've built.