Slim, 84, made his fortune largely by building the telecom behemoth America Movil SAB, but has diversified in recent years into other assets including the oil investments, real estate in Spain and a new stake in the UK's BT Group Plc.
Through his family investment office Control Empresarial de Capitales, Slim invested $602 million in US refiner PBF Energy Inc, according to regulatory filings, boosting his stake to 25 per cent. He also bought $326 million worth of shares in Houston-based oil producer Talos Energy Inc.
This story is from the December 31, 2024 edition of Business Standard.
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This story is from the December 31, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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