Home lists Top 100 most powerful Arabs 2022 Carlos Slim Helú Honorary chairman, America Movil Origin: Lebanon/Mexico Residence: Mexico Sector: Telecoms With a net worth estimated at $86.6bn, Slim is one of the richest people on the planet. He began investing in government bonds at the age of 10 and has honed his business acumen ever since. Having made his fortune in the telecoms industry, his diversified businesses empire incorporates interests ranging from real estate and media to technology and healthcare. Regarded as one of the most generous billionaires outside of the US, he has encouraged his peers not to approach philanthropy as a means of charity, but to consider it through the lens of problem-solving in order for it to have maximum impact.