The heir to the second-biggest fortune in the world listens to AC/DC in his car and used to DJ at an Acapulco dance club. That's part of the everyman charm exuded by business scion Carlos Slim Domit, the son of Mexican tycoon Carlos Slim Helú, a 75-year-old telecommunications mogul (pictured below with Robert De Niro), whose assets are worth $77.1 billion (almost $5 billion more than Warren Buffett), according to Forbes' 2015 ranking. The oldest of six children, Slim Domit, 48, is responsible for preserving his family's empire with his two brothers, Marco Antonio, 46, and Patrick, 45. But he alone serves as the chairman of Grupo Carso, the cornerstone of his father's oligarchy and one of the globe's biggest conglomerates.
Through this role, Slim Domit oversees a substantial part of Latin America's retail music industry. He also is the chairman of subsidiary Grupo Sanborns, a syndicate of physical and digital retail stores with more than $2.8 billion in earnings in 2014. The company's portfolio includes Sanborns, a department-store chain with an extensive music section and 170 locations in Mexico, and a majority stake in Mixup, a 117-store Mexican retailer similar to Tower Records with $320 million in revenue in 2014. And Slim Domit's influence in the music sphere is only growing. In 2013, Grupo Carso opened Mexico City's Telcel Theater, which operates in conjunction with Grupo CIE (Corporación Interamericana de Entretenimiento), Mexico's equivalent of Live Nation. Plus, this past January, Grupo Carso publicly launched Claro Musica, an online music service that is a Latin American amalgam of iTunes and Spotify. In other words, it's very difficult to buy music in Mexico without paying the Slims.