Predict your next investment

Carlos Slim Foundation company logo

See what CB Insights has to offer

About Carlos Slim Foundation

The Carlos Slim Foundation is a non-profit organization established by Mexican business magnate Carlos Slim. It focuses on developing programs to bring social and individual progress for the most vulnerable populations of Mexico and Latin America. It is located in Mexico.

Carlos Slim Foundation Headquarter Location

Avenida Paseo de las Palmas No. 781, Piso 03

Lomas de Chapultepec, 11000,


Latest Carlos Slim Foundation News

Mexican billionaire Carlos Slim to rebuild collapsed Mexico City overpass at no cost

Jun 30, 2021

Mexican billionaire Carlos Slim to rebuild collapsed Mexico City overpass at no cost By Tatiana Arias Mexican billionaire Carlos Slim will pay for all the costs needed to rebuild Mexico City’s subway overpass-stretch, which left 26 dead after it collapsed last month , according to Mexican President Andres Manuel Lopez Obrador. Lopez Obrador said during his daily press briefing on Wednesday that he met with Slim, and that the billionaire assured the President that his construction firm “will pay for everything” needed for the reconstruction of Mexico City’s Subway Line 12 overpass. “He will take care of the reconstruction of the entire [subway line] stretch, making sure that it gets done with all the necessary safety [measures] at no cost to the [Mexican] people and without asking [the government] for a budget,” Lopez Obrador said. Slim “will not wait for the judicial [final investigation findings],” and will begin coordinating with Mexico City Mayor Claudia Sheinbaum “so that in a year” the line will be open and operational once again, Lopez Obrador added. The Carlos Slim Foundation declined to comment on Lopez Obrador’s statement when reached by CNN, as did Mexico City authorities. Dozens of people lost their lives when an elevated portion of Line 12 known as the “Golden Line” collapsed in Mexico City on May 3. The subway line had been touted as one of the most expensive and ambitious public works projects in Mexican history when it was inaugurated in October 2012. The highly publicized ribbon-cutting was attended by the who’s-who of Mexican politics and power at the time, including then-president Felipe Calderón and Marcelo Ebrard, who was then in his last days as Mexico City’s mayor and is now foreign minister. Carlos Slim, the owner of one of the construction companies involved, was also there. Now, an independent investigation by the Norwegian firm DNV and a separate investigation by the local attorney’s office are looking into the causes of the deadly collapse, as well as those involved in the construction project, including Slim himself. According to the investigation’s preliminary findings , deficient welding of metal studs, which apparently were not well connected to steel beams supporting a concrete slab and the elevated train rails, was among a number of issues that contributed to the May 4 incident. The report said missing metal studs in some sections of the structure, different kinds of concrete used for the slab and unfinished or badly welded joints were some of the other factors that caused the raised railway to buckle, sending two subway carriages plummeting to the streets below. The-CNN-Wire Reporting contributed by CNN’s Natalie Gallon and Karol Suarez in Mexico City.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Carlos Slim Foundation Web Traffic

Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Carlos Slim Foundation Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.