Diego Osorno

Carlos Slim


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Carlos Slim

      Carlos Slim

       The Power, Money, andMorality of One of theWorld’s Richest Men

      Diego Enrique Osorno

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      This English-language edition published by Verso 2019

      Originally published in Spanish as Slim: Retrato del hombre más rico del mundo

      © Diego Osorno 2016, 2019

      Translation © Juana Adcock 2019

      Foreword © Jon Lee Anderson 2019

      All rights reserved

      The moral rights of the author have been asserted

      1 3 5 7 9 10 8 6 4 2

       Verso

      UK: 6 Meard Street, London W1F 0EG

      US: 20 Jay Street, Suite 1010, Brooklyn, NY 11201

       versobooks.com

      Verso is the imprint of New Left Books

      ISBN-13: 978-1-78663-437-5

      ISBN-13: 978-1-78663-435-1 (UK EBK)

      ISBN-13: 978-1-78663-436-8 (US EBK)

       British Library Cataloguing in Publication Data

      A catalogue record for this book is available from the British Library

       Library of Congress Cataloging-in-Publication Data

      Names: Osorno, Diego Enrique, 1980- author.

      Title: Carlos Slim : The Power, Money, and Morality of One of the World’s Richest Men / Diego Enrique Osorno ; translated by Juana Adcock.

      Other titles: Slim. English

      Description: Brooklyn, NY : Verso, [2019] | “Originally published in Spanish as Slim: Retrato del hombre mas rico del mundo.”

      Identifiers: LCCN 2019017201| ISBN 9781786634375 (hardback : alk. paper) | ISBN 9781786634368 (US ebk)

      Subjects: LCSH: Slim, Carlos, 1940- | Telefonos de Mexico—History. | Businessmen—Mexico—Biography.

      Classification: LCC HC132.5.S55 O85313 2019 | DDC 384.6092 [B] –dc23 LC record available at https://lccn.loc.gov/2019017201

      Typeset in Sabon by MJ & N Gavan, Truro, Cornwall

      Printed and bound by CPI Group (UK) Ltd, Croydon CR0 4YY

      To Daniel Gershenson, Cuauhtémoc Ruiz and Andrés Ramírez

      In memory of Conrado Osorno

      All power is a permanent conspiracy.

      Balzac

      Contents

      Foreword by Jon Lee Anderson

       Preface

       I

       1. Negotiating

       2. Forbes

       3. Success

       4. Khan

       5. Money

       II

       6. Telmex

       11. Soumaya

       12. Gemayel

       13. Exodus

       IV

       14. Don Julián

       15. Al Kataeb

       16. Racism

       V

       17. Childhood

       18. Youth

       VI

       19. Julián

       20. Security

       21. Close

       22. Heirs

       VII

       23. Philanthropy

       24. Press

       25. Telecommunications

       26. Sharks

       VIII

       27. The Left

       28. Kafka

       29. Virreyes

       IX

       30. 1 Percent

       31. Favela

       32. Libre Empresa

       X

       33. Retirement

       34. Sophia

       35. Failure

       Acknowledgements

       Foreword

      Since the beginning of his reporting career, Diego Enrique Osorno has dedicated himself to some of Mexico’s thorniest issues, covering everything from the Zapatista insurgency and narcotrafficking to the migrant traumas along the northern border with the United States. For the past fifteen years, his books, articles and documentaries have positioned him at the forefront of his generation and earned him wide public recognition and the respect of his peers. That’s because Diego always delves deeply into the issues he tackles, and he reports them firsthand. He is brave. If you are a Mexican journalist, it’s dangerous to write about drug cartels and police corruption, and Diego’s investigations into the Sinaloa and Los Zetas cartels, among other stories, are evidence of his determination to push the boundaries.

      Diego Enrique Osorno was born in the northern Mexican city of Monterrey in 1980. When I first met him, more than a dozen years ago, he was still in his mid-twenties, and had just come out of a dramatic experience in Oaxaca, in southern Mexico, where months of protests by teachers had turned bloody as the authorities had responded with a brutal crackdown. Diego said that he felt as if he had been living in a war zone, and when he told me what he had lived through and witnessed, I agreed with him. More than twenty activists had been killed during the time he was there; others had been detained, tortured and some of them forcibly disappeared. Diego had also been an eyewitness to the shooting deaths of several men, including a Mexican mechanic named José Jiménez Colmenares and an American cameraman named Brad Will, and he had been left shaken and indignant from the experience.

      What came next was a profound learning experience for Diego. As he followed up on the abuses he had discovered in Oaxaca, seeking justice,