Who Is The Most Powerful Family In Mexico? The Inside Story

It’s hard to definitively say who the most powerful family in Mexico is, but Carlos Slim Helú and his family have a strong claim to the title. Their influence extends far beyond their wealth, which is substantial. They control América Móvil, Latin America’s largest mobile telecommunications company, and their reach is felt throughout the region.

Slim’s path to success began in 1990 when he, along with foreign telecommunications partners, acquired a stake in Telmex, Mexico’s sole phone company at the time. Telmex has since become a core component of América Móvil, reflecting Slim’s strategic vision and ability to build a powerful telecommunications empire.

The Slim family’s influence goes beyond just owning a major telecommunications company. They have a significant impact on the Mexican economy and exert considerable influence within the country’s political landscape. Their philanthropic efforts also extend their reach into various social spheres. The family’s extensive holdings, strategic investments, and political connections have solidified their position as one of the most powerful families in Mexico.