President of Mexico announces payment of taxes by the great Carlos Slim – 12/27/2021

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MEXICO, December 27, 2021 (AFP) – Mexican President Andres Manuel López Obrador said on Monday (27) that the country’s richest man, Carlos Slim, paid nearly $1.35 billion in taxes for the sale of a subsidiary in the United States. Did. of its America Movil Consortium.

“America Movil sold a branch in the United States and they paid 28 billion pesos to the public exchequer in Mexico on 16 December” (approximately $1.35 billion), wrote López Obrador on Twitter.

The president made the announcement with a photo during breakfast with Slim, who has an estimated net worth of about $63 billion.

“I drank coffee with Carlos Slim, who, apart from being a friend and a good businessman, contributes to the development of the country,” he said. On November 23, America Movil said it had completed the sale of its stake in Tracfone, the largest US mobile operator, to Verizon.

For the transaction, Slim’s company received $3.625 billion and Verizon’s 57 million shares.

Although López Obrador maintains a distant relationship with the Mexican private sector, he is close to Slim, whose association participates in various sectors of the Mexican economy, such as construction and mining.

ERA / SEM / ATM / JC / MVV

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About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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