Carlos Slim Helú (Spanish pronunciation: [ˈkaɾlos ezˈlim eˈlu]; born 28 January 1940 in Mexico City) is a Mexican business tycoon, investor, philanthropist, and engineer. From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine. He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. As of October 2019, he is the eighth-richest person in the world according to Forbes’ listing of The World’s Billionaires, with he and his family having a net worth estimated at $59.5 billion. He is the richest person in Latin America.His conglomerate includes education, health care, industrial manufacturing, transportation, real estate, media, energy, hospitality, entertainment, high-technology, retail, sports and financial services. He accounts for 40% of the listings on the Mexican Stock Exchange, while his net worth is equivalent to about 6 percent of Mexico’s gross domestic product. As of 2016, he is the largest single shareholder of The New York Times Company.