The World’s Richest CEOs

1. Carlos Slim, 72 Companies: Grupo Carso, Telmex, America Movil  Net worth: $70 billion  Compensation: N/A   Carlos Slim has been the world’s richest man for the past three years, and his wealth is equivalent to nearly 6 percent of Mexico’s annual economic output.   Slim is the Chairman and CEO at three of his companies: telecom giants Telmex and America Movil, which is the world’s third largest cellphone company by subscribers, and conglomerate Grupo Carso. Mexico-born Slim, who is of Lebanese descent, studied engineering before starting his own company in 1965, which would later be known as Grupo Carso. Slim continued to build his empire by purchasing troubled companies and turning them around. He also has stakes in some well-known North American names like the New York Times, and retailer Saks.   The majority of Slim’s wealth comes from his stake in Grupo Carso, which is estimated to be worth $60.5 billion, according to Wealth-X. He is well-known for his art collection, which is valued at $700 million. Slim is believed to have the largest number of sculptures by Auguste Rodin outside of France, which is displayed in a newly built museum in Mexico City, named after his late wife Soumaya.   Despite his status as the world’s wealthiest man, Slim is known to live in a modest six-bedroom house in Mexico City and drives himself to work , with his bodyguards following closely.   Slim retained the title of the world’s richest man in 2012, but his net worth declined $5 billion from 2010 after a series of blows from regulators in Mexico. His mobile unit Telcel was fined $1 billion after a ruling found that the company charged unfair prices to competitors to connect to its network. (Photo: Susana Gonzalez/ Getty Images)

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