15min chapter

Good Bad Billionaire cover image

Carlos Slim Helú: Telecom titan

Good Bad Billionaire

CHAPTER

Austerity and Opportunity in Crisis

This chapter explores the business philosophy of a prominent figure who emphasizes austerity during prosperous times to ensure stability and growth. It details strategic maneuvers during Mexico's economic turmoil through key acquisitions, showcasing how strong cash-flow industries can bolster resilience. The narrative illustrates the broader implications of sovereign default and the monopolistic practices in the telecommunications sector, highlighting the intertwining of wealth and economic influence.

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