1 00:00:00,520 --> 00:00:03,800 Speaker 1: Our Way with yours truly paul Anka and my buddy 2 00:00:03,880 --> 00:00:11,440 Speaker 1: Skip Bronson is a production of iHeart Rating. Hi folks, 3 00:00:11,840 --> 00:00:13,080 Speaker 1: this is Paul Anka. 4 00:00:12,880 --> 00:00:14,280 Speaker 2: And my name is Skip Bronson. 5 00:00:14,600 --> 00:00:17,240 Speaker 3: We've been friends for decades and we've decided to let 6 00:00:17,320 --> 00:00:19,800 Speaker 3: you in on our late night phone calls by starting 7 00:00:19,840 --> 00:00:21,320 Speaker 3: a new podcast. 8 00:00:20,920 --> 00:00:24,160 Speaker 1: And welcome to Our Way. We'd like you to meet 9 00:00:24,239 --> 00:00:25,640 Speaker 1: some real good friends of ours. 10 00:00:25,720 --> 00:00:27,680 Speaker 2: You're leaders in entertainment and. 11 00:00:27,600 --> 00:00:31,920 Speaker 1: Sports, innovators in business and technology, and even as sitting 12 00:00:32,000 --> 00:00:32,880 Speaker 1: president or two. 13 00:00:33,320 --> 00:00:35,800 Speaker 3: Join us as we ask the questions they've not been 14 00:00:35,840 --> 00:00:38,960 Speaker 3: asked before, tell it like it is, and even sing 15 00:00:39,000 --> 00:00:39,800 Speaker 3: a song or two. 16 00:00:40,080 --> 00:00:46,400 Speaker 1: This is our podcast and we'll be doing it our way. 17 00:00:47,800 --> 00:00:50,120 Speaker 4: We are very clear my family and me. You know, 18 00:00:50,680 --> 00:00:54,440 Speaker 4: I think in business is important that the family is 19 00:00:54,440 --> 00:00:57,880 Speaker 4: before everything. After family, you go to a business and 20 00:00:57,920 --> 00:01:00,680 Speaker 4: then you go to Ukovic. I think that business man 21 00:01:00,720 --> 00:01:05,840 Speaker 4: and an entrepreneur that we are creators of well, but 22 00:01:06,080 --> 00:01:10,720 Speaker 4: also we managed well, but we are temporary managerself well 23 00:01:11,000 --> 00:01:13,039 Speaker 4: because we don't take anything with us. 24 00:01:26,160 --> 00:01:28,920 Speaker 5: Hey Skip, Hey, there he is. There's the guy. How 25 00:01:28,920 --> 00:01:29,679 Speaker 5: are you doing? 26 00:01:30,040 --> 00:01:33,600 Speaker 6: You're getting ready to go to our guests. This week's 27 00:01:33,600 --> 00:01:35,440 Speaker 6: Homeland Mexico and leave you soon. 28 00:01:35,560 --> 00:01:38,200 Speaker 5: You tell me, yeah, I'm going to Cabo really looking 29 00:01:38,200 --> 00:01:38,600 Speaker 5: forward to it. 30 00:01:38,640 --> 00:01:41,240 Speaker 7: I can't believe you're able to get Carlos Slim to 31 00:01:41,800 --> 00:01:42,680 Speaker 7: do a podcast. 32 00:01:42,760 --> 00:01:45,960 Speaker 5: I know you're close friends, but you know that's awesome 33 00:01:46,080 --> 00:01:46,400 Speaker 5: to get. 34 00:01:47,240 --> 00:01:50,360 Speaker 6: You know, he was You and I sat with our 35 00:01:50,400 --> 00:01:54,480 Speaker 6: lists and it's as very diverse one as you know. 36 00:01:54,720 --> 00:01:58,120 Speaker 6: And I think that I've leaned on some friends as 37 00:01:58,160 --> 00:02:00,760 Speaker 6: you have, and they've both come forward. But I think 38 00:02:00,760 --> 00:02:04,400 Speaker 6: that getting Carlos you're going to have a very interesting 39 00:02:05,440 --> 00:02:09,320 Speaker 6: conversation and an educational kind of vibe to it, because 40 00:02:09,320 --> 00:02:13,720 Speaker 6: the guy at his age is super smart, super sharp, 41 00:02:14,600 --> 00:02:18,079 Speaker 6: and he's the humblest guy of that elk, of all 42 00:02:18,120 --> 00:02:20,080 Speaker 6: of them that you and I know that I've ever met, 43 00:02:21,080 --> 00:02:23,840 Speaker 6: and he's just one of the most beautiful human beings. 44 00:02:23,919 --> 00:02:27,760 Speaker 6: He's got all his priorities, but his family's ahead of 45 00:02:27,800 --> 00:02:29,880 Speaker 6: all of it. But this guy, you're going to really 46 00:02:30,680 --> 00:02:33,639 Speaker 6: sit there and go, Wow, what a superstar. 47 00:02:33,760 --> 00:02:35,040 Speaker 5: This guy is a human being. 48 00:02:35,760 --> 00:02:38,399 Speaker 7: I want to remind him. In two thousand and eight, 49 00:02:38,440 --> 00:02:41,360 Speaker 7: I met him, Barry Sterlett. He called me up and 50 00:02:41,400 --> 00:02:46,000 Speaker 7: he said, listen, got Carlos Slim. Lady Linda Rothschild and 51 00:02:46,080 --> 00:02:50,120 Speaker 7: another friend of Barry's, Rick Earthen, And he said, we're 52 00:02:50,120 --> 00:02:53,079 Speaker 7: going to go take a look at some hotel properties 53 00:02:53,120 --> 00:02:56,360 Speaker 7: and things we can buy. Carlos wants to invest, and 54 00:02:56,600 --> 00:02:58,519 Speaker 7: it's an opportunity to spend time with him. I said, 55 00:02:58,520 --> 00:03:02,799 Speaker 7: you're getting fantastic. So on Barry's plane flew to San Diego. 56 00:03:03,520 --> 00:03:08,000 Speaker 7: Uh looked at it at the La Consta Resort, ironically, 57 00:03:08,040 --> 00:03:09,760 Speaker 7: a place where I used to have a home. Then 58 00:03:09,800 --> 00:03:12,880 Speaker 7: we flew up to northern California, and you know this. 59 00:03:13,240 --> 00:03:15,480 Speaker 7: At the time, of course, I knew him as the 60 00:03:15,560 --> 00:03:19,480 Speaker 7: richest man in the world, and I just couldn't get 61 00:03:19,480 --> 00:03:20,800 Speaker 7: over what a humble guy he was. 62 00:03:21,120 --> 00:03:22,960 Speaker 5: Just he was just thoughtful and kind. 63 00:03:23,040 --> 00:03:25,440 Speaker 7: He wanted to hear what you had to say, didn't 64 00:03:25,480 --> 00:03:28,359 Speaker 7: want to just talk about himself. He was interested in you, 65 00:03:28,520 --> 00:03:31,680 Speaker 7: interested in ideas, and just I thought he was great. 66 00:03:31,680 --> 00:03:34,120 Speaker 7: But I got a kick out of it because we 67 00:03:34,200 --> 00:03:36,760 Speaker 7: went to a restaurant in La and we had to 68 00:03:36,760 --> 00:03:39,400 Speaker 7: make sure that they had a television because the Yankees 69 00:03:39,440 --> 00:03:42,440 Speaker 7: were playing. Wasn't it I mean it wasn't the World Series, 70 00:03:42,480 --> 00:03:46,000 Speaker 7: It wasn't a playoff game, regular season game. He said, 71 00:03:46,200 --> 00:03:48,200 Speaker 7: Oh no, I got to watch the baseball game. So 72 00:03:48,880 --> 00:03:52,320 Speaker 7: we were calling all around our you know, assistants were calling, Hey, 73 00:03:52,320 --> 00:03:54,680 Speaker 7: what restaurant has a television where we can eat, you know, 74 00:03:55,040 --> 00:03:57,120 Speaker 7: watch TV, watch a baseball game. 75 00:03:57,200 --> 00:03:59,800 Speaker 5: So we did that and yeah, yeah, and I know, 76 00:04:00,040 --> 00:04:02,520 Speaker 5: I know how close you are to him, and you know, yeah. 77 00:04:02,320 --> 00:04:04,640 Speaker 6: Extremely And you have a pick. Can't you show me 78 00:04:04,680 --> 00:04:06,560 Speaker 6: a picture a while? But you've got to bring it 79 00:04:06,600 --> 00:04:08,680 Speaker 6: and show it to on the zoom and remind him 80 00:04:08,680 --> 00:04:09,800 Speaker 6: because you remember. 81 00:04:09,920 --> 00:04:11,840 Speaker 5: Yeah, I should do the habit. Actually I'm going to. 82 00:04:11,880 --> 00:04:13,080 Speaker 5: I'll hold it up to the screen. 83 00:04:13,680 --> 00:04:18,400 Speaker 6: He'll totally remember. His memory is remarkable. And it's just 84 00:04:19,360 --> 00:04:22,320 Speaker 6: you know, I got a circle of friends and you know, 85 00:04:22,600 --> 00:04:25,400 Speaker 6: you're right in there, and I've just got friends that 86 00:04:25,480 --> 00:04:27,760 Speaker 6: are just unreal. And he's just so special to me 87 00:04:27,839 --> 00:04:30,559 Speaker 6: because I come to know what a kind of human 88 00:04:30,600 --> 00:04:31,159 Speaker 6: being he is. 89 00:04:31,240 --> 00:04:33,640 Speaker 5: And he's very rare, very rare. 90 00:04:34,240 --> 00:04:38,839 Speaker 7: He's known for being wealthy, but he's also known for 91 00:04:38,880 --> 00:04:41,320 Speaker 7: his philanthropy. I mean, he has done so much for 92 00:04:41,440 --> 00:04:43,760 Speaker 7: so many and I really want to. 93 00:04:43,680 --> 00:04:44,159 Speaker 5: Hear about that. 94 00:04:44,160 --> 00:04:45,920 Speaker 7: I want to ask him about that and hear how 95 00:04:45,920 --> 00:04:49,520 Speaker 7: he makes his decisions on you know, where he dedicates 96 00:04:49,560 --> 00:04:50,400 Speaker 7: his reasons. 97 00:04:51,240 --> 00:04:54,560 Speaker 6: His family is very involved in that, the foundation his business. 98 00:04:55,320 --> 00:04:58,000 Speaker 6: You know, I hang with him, we have dinners, and 99 00:04:58,040 --> 00:05:01,840 Speaker 6: I just see exactly intelligent they are. The love that 100 00:05:01,920 --> 00:05:03,800 Speaker 6: they have for him and the love they have for 101 00:05:03,880 --> 00:05:07,600 Speaker 6: what they're doing is going to be it's just amazing, 102 00:05:07,640 --> 00:05:09,640 Speaker 6: you know. But it's gonna be very cool. I'm really 103 00:05:09,760 --> 00:05:11,600 Speaker 6: looking forward to this one big time. 104 00:05:12,000 --> 00:05:15,320 Speaker 7: I could also mention the fact that I met him also, 105 00:05:15,440 --> 00:05:19,680 Speaker 7: and I'll say this one of your weddings. 106 00:05:19,160 --> 00:05:19,839 Speaker 5: Where I will. 107 00:05:21,680 --> 00:05:27,960 Speaker 7: You're so, I was seated between Carlos Slim and Warren Buffett. 108 00:05:28,000 --> 00:05:30,520 Speaker 5: I mean, how many places do you go where that happens. 109 00:05:31,279 --> 00:05:32,839 Speaker 6: Well, I hope it's the end of it for me. 110 00:05:34,720 --> 00:05:36,760 Speaker 4: You don't for meeting him again and any of that. 111 00:05:37,000 --> 00:05:38,840 Speaker 6: Well, there's one more to go, and that'll be the 112 00:05:38,880 --> 00:05:39,479 Speaker 6: final one. 113 00:05:39,680 --> 00:05:42,880 Speaker 5: There you go, one more. Come on, you got you 114 00:05:42,960 --> 00:05:44,480 Speaker 5: got a good you got a good girl. Now we 115 00:05:44,600 --> 00:05:47,000 Speaker 5: gotta get the best. I got the best. 116 00:05:47,240 --> 00:05:51,040 Speaker 7: And something tells me Warren Buffett and Carlos will be there. 117 00:05:52,080 --> 00:05:54,640 Speaker 6: Uh yeah, they'll get invites. 118 00:05:55,160 --> 00:05:57,239 Speaker 5: Yeah they can get there, they will. 119 00:05:57,680 --> 00:05:59,240 Speaker 1: But you'll be there, my brother. 120 00:05:59,480 --> 00:06:02,919 Speaker 7: You say, but I got off behind marks for you know, 121 00:06:03,000 --> 00:06:06,240 Speaker 7: it's funny with podcasts, there are some guests that you get, like, 122 00:06:06,320 --> 00:06:08,960 Speaker 7: you know, we had Mark Burnett, he doesn't do podcasts, 123 00:06:09,000 --> 00:06:12,000 Speaker 7: you know, other than they really don't. We got Alec 124 00:06:12,040 --> 00:06:14,640 Speaker 7: Baldwin in the middle of all the stuff he's dealing with. 125 00:06:15,040 --> 00:06:18,400 Speaker 7: But Carlos Slim, I mean, come on, that's no who 126 00:06:18,400 --> 00:06:22,360 Speaker 7: else has Carlos Slim on the podcast? It's crazy nobody. Yeah, 127 00:06:22,400 --> 00:06:25,160 Speaker 7: I'm really excited about listening to him. This is gonna 128 00:06:25,160 --> 00:06:27,520 Speaker 7: be very cool, very different, very good. 129 00:06:27,640 --> 00:06:29,719 Speaker 6: Just sit back and listen and you're gonna love it. 130 00:06:29,760 --> 00:06:32,880 Speaker 6: The guy is just full of all good stuff, good stuff. 131 00:06:32,920 --> 00:06:34,200 Speaker 6: He's got to beat on everything. 132 00:06:34,839 --> 00:06:36,080 Speaker 5: I can't wait. I can't wait. 133 00:06:36,600 --> 00:06:39,159 Speaker 6: So let's root for the Rangers here, buddy. 134 00:06:39,680 --> 00:06:41,120 Speaker 5: Yeah, I'm doing it full speak. 135 00:06:41,640 --> 00:06:42,880 Speaker 4: Ye, root for them. 136 00:06:42,880 --> 00:06:45,120 Speaker 6: This series is on, as you know, so let's. 137 00:06:45,040 --> 00:06:45,800 Speaker 4: Get it at the end. 138 00:06:46,600 --> 00:06:47,800 Speaker 5: Looking forward to that too. 139 00:06:48,440 --> 00:06:50,560 Speaker 6: Okay, man, Well you travel safe and I love him. 140 00:06:50,760 --> 00:06:54,320 Speaker 5: Okay, thanks, I'll call you from Mexico. Okay, man, love it. 141 00:07:02,800 --> 00:07:07,280 Speaker 1: Hello everybody, it's a Skip and Paul on our way. 142 00:07:08,120 --> 00:07:10,720 Speaker 1: And we've been having a great time doing this. We've 143 00:07:10,720 --> 00:07:14,160 Speaker 1: had that many friends on and we've had some great, 144 00:07:14,240 --> 00:07:18,120 Speaker 1: great interviews. But I must tell you personally that today 145 00:07:19,040 --> 00:07:21,920 Speaker 1: is probably the most special the man that you're going 146 00:07:21,960 --> 00:07:24,120 Speaker 1: to meet, that you're not going to see a lot, 147 00:07:24,200 --> 00:07:28,000 Speaker 1: because he's one of the most humble, sensitive people I've 148 00:07:28,000 --> 00:07:30,800 Speaker 1: ever known, a man I've known for years and years. 149 00:07:30,840 --> 00:07:34,640 Speaker 1: I want to qualify that he's a great man. He's 150 00:07:34,640 --> 00:07:37,440 Speaker 1: someone that I've shared so many hours and days with. 151 00:07:37,960 --> 00:07:40,880 Speaker 1: So it's going to be a very warm and friendly 152 00:07:41,360 --> 00:07:44,840 Speaker 1: and informative conversation today with someone that I love very 153 00:07:44,880 --> 00:07:50,280 Speaker 1: Dearly folks. Carl Slim from Mexico City is on with 154 00:07:50,360 --> 00:07:53,160 Speaker 1: Skip and I. Carlos, Welcome to our broadcast. 155 00:07:53,400 --> 00:07:56,600 Speaker 4: Thank you, Thank you very much. Paul, and I know 156 00:07:56,680 --> 00:07:58,720 Speaker 4: that you are a really very good friend. That's why 157 00:07:58,760 --> 00:08:04,000 Speaker 4: you say so kind and things about me. Thank you 158 00:08:04,080 --> 00:08:08,280 Speaker 4: very much for what you have said that in parties, 159 00:08:08,360 --> 00:08:11,239 Speaker 4: because we have a great friendship for many years. 160 00:08:11,360 --> 00:08:14,280 Speaker 1: Yes, Alas, I want to go back to the beginning 161 00:08:14,440 --> 00:08:18,520 Speaker 1: before we get into business and other amazing things that 162 00:08:18,600 --> 00:08:21,680 Speaker 1: I know are about you. Take us back to the 163 00:08:21,720 --> 00:08:25,800 Speaker 1: beginning with your dad, how you started and what motivated you. 164 00:08:26,200 --> 00:08:31,240 Speaker 4: My father have a problems with the heart. He has 165 00:08:31,680 --> 00:08:36,520 Speaker 4: in partos some problems, important problems, and that's why he 166 00:08:36,679 --> 00:08:41,480 Speaker 4: tried to teach us to learn about in my case, 167 00:08:41,520 --> 00:08:45,120 Speaker 4: about business, because he know that I like this kind 168 00:08:45,160 --> 00:08:52,000 Speaker 4: of activity. And he gave me job, and he revised 169 00:08:52,000 --> 00:08:55,720 Speaker 4: my job, and he said that it was good or 170 00:08:55,760 --> 00:08:59,560 Speaker 4: it was right, and actually he pus away a little 171 00:08:59,640 --> 00:09:03,360 Speaker 4: laughter all the jobs I do. He passed away when 172 00:09:03,400 --> 00:09:08,040 Speaker 4: I was thirteen years old, but he left a lot 173 00:09:08,080 --> 00:09:13,080 Speaker 4: of values and principles to the family, and especially for me. 174 00:09:13,679 --> 00:09:17,000 Speaker 4: It was really very tough to lose my father at 175 00:09:17,000 --> 00:09:21,600 Speaker 4: this age. It was painful, and I took like two 176 00:09:21,720 --> 00:09:27,959 Speaker 4: years to get back. The issue was not the best 177 00:09:28,000 --> 00:09:31,439 Speaker 4: time to lose well, it never really is a good 178 00:09:31,480 --> 00:09:34,920 Speaker 4: time for lose your father. But when I was so young, 179 00:09:36,000 --> 00:09:40,559 Speaker 4: I stayed two years with big, big problems of pain 180 00:09:41,280 --> 00:09:46,520 Speaker 4: and angry. But then I went to high school and 181 00:09:46,840 --> 00:09:50,080 Speaker 4: I begin to study and to be good friends and 182 00:09:50,120 --> 00:09:54,360 Speaker 4: go to movies. But he left in me a lot 183 00:09:54,400 --> 00:09:59,319 Speaker 4: of principles, values knowledge that I still have them very clear. 184 00:10:00,280 --> 00:10:04,640 Speaker 4: Many of his words I still to use. We have 185 00:10:04,800 --> 00:10:11,040 Speaker 4: them like values in the in the corporations. Two or 186 00:10:11,120 --> 00:10:14,400 Speaker 4: three of them they are there, are there two or 187 00:10:14,440 --> 00:10:17,400 Speaker 4: three of the ten we have they are very clear there. 188 00:10:18,160 --> 00:10:20,359 Speaker 4: And it's very very difficult times. 189 00:10:20,679 --> 00:10:24,800 Speaker 1: What what motivated you, Carlos to succeed when you first 190 00:10:24,840 --> 00:10:26,160 Speaker 1: started out in business. 191 00:10:26,280 --> 00:10:32,280 Speaker 4: Well, you know you have a tommage, you have any vocations. 192 00:10:32,520 --> 00:10:37,760 Speaker 4: But your personality and your character and your interest and 193 00:10:37,840 --> 00:10:42,839 Speaker 4: concerns are getting as time to go by more clear. 194 00:10:43,880 --> 00:10:48,080 Speaker 4: And for me at the beginning in the university, when 195 00:10:48,120 --> 00:10:52,640 Speaker 4: I was in Integrade, I begin to give the classes 196 00:10:52,760 --> 00:10:57,120 Speaker 4: like a professor to to third grade in algebra. I 197 00:10:57,240 --> 00:10:59,719 Speaker 4: was happy to teach. I was happy in the university 198 00:10:59,800 --> 00:11:05,720 Speaker 4: world like a professor. Then I took two courses, a 199 00:11:05,760 --> 00:11:11,480 Speaker 4: small courses about economy and evaluation of projects. I went 200 00:11:11,559 --> 00:11:16,200 Speaker 4: also for three months to Chile that was part of 201 00:11:16,280 --> 00:11:21,959 Speaker 4: the Latin American economic from the United Nations. And at 202 00:11:21,960 --> 00:11:24,600 Speaker 4: the end I took a sabbatic year. In sixty four, 203 00:11:25,800 --> 00:11:27,880 Speaker 4: when I was twenty four years old, I decided to 204 00:11:27,880 --> 00:11:32,000 Speaker 4: take a sabatic year. I traveled, I read a lot, 205 00:11:32,400 --> 00:11:36,600 Speaker 4: and in sixty five I begin my activity like businessman, 206 00:11:37,400 --> 00:11:43,600 Speaker 4: creating two companies. One a bottling company that we both 207 00:11:44,559 --> 00:11:50,000 Speaker 4: bottling company for Mexican soft drinks that the name was Carritos. 208 00:11:50,320 --> 00:11:55,120 Speaker 4: And then I created and founded the in Barzila busaty 209 00:11:55,200 --> 00:11:59,640 Speaker 4: that today is a very good financial group and with 210 00:11:59,760 --> 00:12:03,520 Speaker 4: a a good choice and a lot of services and 211 00:12:03,559 --> 00:12:08,080 Speaker 4: a lot of customers. That was my first two groups. 212 00:12:08,360 --> 00:12:12,800 Speaker 4: Then also in the same month, maybe sixty six, I 213 00:12:13,320 --> 00:12:18,840 Speaker 4: make a construction company and I make a real estate company, 214 00:12:19,480 --> 00:12:24,360 Speaker 4: and I begin to create some companies during these third 215 00:12:24,480 --> 00:12:29,120 Speaker 4: years of my business life. Then in the seventies, in 216 00:12:29,160 --> 00:12:32,480 Speaker 4: the sixties, I get involved so very strong in real estate, 217 00:12:33,679 --> 00:12:37,800 Speaker 4: a lot of real estate around the city, around Mexico City. 218 00:12:38,720 --> 00:12:41,760 Speaker 4: And in the seventies I begin to get more involved 219 00:12:41,760 --> 00:12:48,200 Speaker 4: in industry, and we get very involved in industry, and 220 00:12:48,280 --> 00:12:50,720 Speaker 4: we have a big problem in Mexico in eighty two. 221 00:12:51,520 --> 00:12:55,320 Speaker 4: Well was a problem worldwide was the problem of the 222 00:12:55,480 --> 00:12:59,240 Speaker 4: external debt. A problem of the external debt was in 223 00:12:59,320 --> 00:13:04,280 Speaker 4: eighty two because the inflation in JUS was of two 224 00:13:04,320 --> 00:13:09,599 Speaker 4: digits and interest rates that said the federal bank but 225 00:13:10,000 --> 00:13:13,240 Speaker 4: was twenty one up of twenty one percent, and you 226 00:13:13,280 --> 00:13:15,800 Speaker 4: know twenty one percent is very difficult to be paid 227 00:13:16,440 --> 00:13:21,720 Speaker 4: for the governments and for some business after they used 228 00:13:21,760 --> 00:13:25,880 Speaker 4: to look for a lot of credit. At Mexico and 229 00:13:25,960 --> 00:13:29,240 Speaker 4: other countries of Latin America have the crisis of the 230 00:13:29,280 --> 00:13:33,720 Speaker 4: external debts from eighty two until lighty nine, but in 231 00:13:33,800 --> 00:13:38,640 Speaker 4: eighty two after the evaluation, they came also the appropriation 232 00:13:38,800 --> 00:13:44,160 Speaker 4: of the banks, and nobody wanted to have invelvements and 233 00:13:44,480 --> 00:13:47,760 Speaker 4: was really a very very important time for the group 234 00:13:47,920 --> 00:13:51,319 Speaker 4: to make investments. And we make a lot of invelvements 235 00:13:51,440 --> 00:13:54,839 Speaker 4: in eighty two, eighty three, eighty four, eighty five, et cetera, 236 00:13:54,880 --> 00:13:59,320 Speaker 4: et cetera, and we create an important group not only 237 00:13:59,400 --> 00:14:04,760 Speaker 4: financial but also indus trail groups. During the eighties, we 238 00:14:05,559 --> 00:14:11,680 Speaker 4: get involved in many involve many companies, some of in 239 00:14:11,760 --> 00:14:14,680 Speaker 4: the market and other in the stock market and others 240 00:14:14,760 --> 00:14:18,760 Speaker 4: in outside the market. The market the stock market, and 241 00:14:19,200 --> 00:14:24,560 Speaker 4: we make a very interesting industrial group in the ages. 242 00:14:24,880 --> 00:14:26,920 Speaker 1: Because how many employees do you have all over the 243 00:14:26,920 --> 00:14:28,360 Speaker 1: world today, I think. 244 00:14:28,240 --> 00:14:32,080 Speaker 4: We should have like three hundred and fifty thousand, and 245 00:14:32,280 --> 00:14:36,000 Speaker 4: with in pasion they will be like sixty thousand already 246 00:14:36,480 --> 00:14:39,880 Speaker 4: red tie, but we have like three hundred and fifty thousand, 247 00:14:41,280 --> 00:14:46,320 Speaker 4: mainly in Mexico. In our company that we have in Spain, 248 00:14:46,400 --> 00:14:51,200 Speaker 4: we have like sixty thousand workers. And we have a 249 00:14:51,920 --> 00:14:57,960 Speaker 4: twenty four company telecom companies in Latin America and Austria 250 00:14:58,040 --> 00:15:01,720 Speaker 4: and some other countries of Europe, and we have like 251 00:15:01,720 --> 00:15:03,240 Speaker 4: three cod the fifty thousand. 252 00:15:03,720 --> 00:15:07,760 Speaker 1: You mentioned earlier, Carlos, the economy, how do you set 253 00:15:07,880 --> 00:15:11,800 Speaker 1: the current state of the global economy and what factors 254 00:15:11,840 --> 00:15:16,480 Speaker 1: do you believe the most critical for growth in the economy. 255 00:15:17,080 --> 00:15:22,360 Speaker 4: We're leaving an important change, a very important change from 256 00:15:22,440 --> 00:15:29,360 Speaker 4: the industrial civilization to the technological civilization for seculary economy 257 00:15:29,480 --> 00:15:34,000 Speaker 4: to a tercharry economy. And you know, all civilization changes 258 00:15:34,560 --> 00:15:38,360 Speaker 4: create a lot of problems. Many people is living in 259 00:15:38,920 --> 00:15:42,440 Speaker 4: so comfort that they don't want to change. And there 260 00:15:42,480 --> 00:15:47,800 Speaker 4: is something that I learned with the Alvin Tefler. Alvin Tefler, 261 00:15:48,480 --> 00:15:51,440 Speaker 4: I met him in ninety one and we get very 262 00:15:51,440 --> 00:15:56,120 Speaker 4: good friends. We talk very often. And his point was 263 00:15:56,760 --> 00:16:01,120 Speaker 4: that to move from the agricultural society to industrial society, 264 00:16:02,040 --> 00:16:06,400 Speaker 4: it looks like count fifty years to move from the 265 00:16:06,400 --> 00:16:10,560 Speaker 4: agricul dural society to the industrial society. There were a 266 00:16:10,600 --> 00:16:13,200 Speaker 4: lot of things. You have the Civil War of the 267 00:16:13,280 --> 00:16:17,760 Speaker 4: United States where they tied the North of US that 268 00:16:17,920 --> 00:16:24,800 Speaker 4: were industrial were in the second secondary steps in the 269 00:16:24,880 --> 00:16:29,240 Speaker 4: industrial civilization and the South that were still in the 270 00:16:29,240 --> 00:16:34,120 Speaker 4: agricul rural society society and they have you have the 271 00:16:34,120 --> 00:16:39,560 Speaker 4: Civil War in the US. Then you have these revolutions, 272 00:16:40,040 --> 00:16:44,800 Speaker 4: Diffrench Revolution, in Mexico Revolution, some revolutions that you have 273 00:16:44,880 --> 00:16:48,040 Speaker 4: a lot of problems to move from the from the 274 00:16:48,080 --> 00:16:52,000 Speaker 4: agricultural to the industrial, and they took a lot of 275 00:16:52,080 --> 00:16:56,320 Speaker 4: time to move ahead in the industrial society. Actually, many 276 00:16:56,360 --> 00:16:59,880 Speaker 4: countries still are in the agricultural society in big parts. 277 00:17:00,520 --> 00:17:02,720 Speaker 4: And now that we are that we begin with this 278 00:17:03,640 --> 00:17:11,520 Speaker 4: technological civilization. Services is a society of services and digital society, 279 00:17:12,200 --> 00:17:15,359 Speaker 4: whatever do you want to name it. Things are changing, 280 00:17:15,560 --> 00:17:20,760 Speaker 4: are changing faster, and the change is creating problems because 281 00:17:20,920 --> 00:17:24,600 Speaker 4: governments are not conducting the change. These changes would be 282 00:17:24,600 --> 00:17:28,280 Speaker 4: conducted by governments. I will say that the only country 283 00:17:28,320 --> 00:17:33,280 Speaker 4: that was clearly moving it and driving it was China. 284 00:17:34,240 --> 00:17:37,679 Speaker 4: Other countries of Asia also make the conduction of the 285 00:17:37,760 --> 00:17:42,320 Speaker 4: of the change of the civilization. And Albin Alvin Toffler 286 00:17:43,440 --> 00:17:46,359 Speaker 4: used to say, actually it says also in a book 287 00:17:46,400 --> 00:17:50,120 Speaker 4: in the nineties that Europe will have will will will 288 00:17:50,160 --> 00:17:54,840 Speaker 4: have problems to move to the new civilization because they 289 00:17:54,880 --> 00:17:58,240 Speaker 4: have a level of level of comfort so big that 290 00:17:58,359 --> 00:18:01,960 Speaker 4: they don't want to change. And we already have looked 291 00:18:02,000 --> 00:18:05,840 Speaker 4: at in France when they want to increase two years 292 00:18:05,320 --> 00:18:09,439 Speaker 4: the age of retirement. How the biggest strikes they have 293 00:18:09,600 --> 00:18:12,280 Speaker 4: there and how the people don't want to move, don't 294 00:18:12,280 --> 00:18:15,480 Speaker 4: want to change, don't want to change the comfort. And 295 00:18:15,520 --> 00:18:18,439 Speaker 4: now we're looking one Europe that is getting back, that 296 00:18:18,640 --> 00:18:21,919 Speaker 4: is not moving ahead, let's say not getting back, but 297 00:18:22,040 --> 00:18:25,400 Speaker 4: not moving ahead. They are not moving to the new civilization. 298 00:18:25,920 --> 00:18:29,080 Speaker 4: That's not good. And you have other countries like China 299 00:18:29,760 --> 00:18:32,360 Speaker 4: that moved from the aglicul to ural society, that were 300 00:18:32,480 --> 00:18:36,159 Speaker 4: rural areas and auto consumption to a country that is 301 00:18:36,200 --> 00:18:40,760 Speaker 4: already with high technology, with a very advanced industry, et cetera. 302 00:18:41,520 --> 00:18:45,560 Speaker 4: We are in this change of humilitation. But then recently 303 00:18:46,240 --> 00:18:49,720 Speaker 4: in the last few years, China have done very good. 304 00:18:50,400 --> 00:18:55,280 Speaker 4: China has done most of its strong development in this 305 00:18:55,400 --> 00:18:59,480 Speaker 4: century in the last twenty years fifteen to twenty years. 306 00:19:00,200 --> 00:19:05,400 Speaker 4: And uh United States stay behind. Three years ago President 307 00:19:05,560 --> 00:19:10,280 Speaker 4: buy and All March thirty one that we need to 308 00:19:10,320 --> 00:19:14,480 Speaker 4: go to economic war against Chinese. And before that there 309 00:19:14,520 --> 00:19:18,600 Speaker 4: were another problem between the US government and the Chinese. 310 00:19:19,280 --> 00:19:24,600 Speaker 4: But now it is clear the Americans look that they 311 00:19:24,600 --> 00:19:27,919 Speaker 4: cannot be global and they cannot buy whatever is cheaper. 312 00:19:28,760 --> 00:19:34,800 Speaker 4: They understand that they need to have the essential goods 313 00:19:35,000 --> 00:19:37,600 Speaker 4: they need to produce in US and now the United 314 00:19:37,640 --> 00:19:42,439 Speaker 4: States are strongly making efforts to produce the good that 315 00:19:42,480 --> 00:19:47,639 Speaker 4: they need in the US. But also they look in 316 00:19:47,760 --> 00:19:52,480 Speaker 4: the partnership that Mexico is having with United States and Canada, 317 00:19:53,320 --> 00:19:59,320 Speaker 4: the importance to bring things to produce in Mexico because 318 00:19:59,359 --> 00:20:02,520 Speaker 4: they can be all efficient. That China are very competitive 319 00:20:03,280 --> 00:20:07,280 Speaker 4: with China, but we are in a near shoring that 320 00:20:06,800 --> 00:20:11,000 Speaker 4: you don't need to pay whatever price to bring the 321 00:20:11,560 --> 00:20:18,560 Speaker 4: goods from Asia to America. Remember that the containers that 322 00:20:19,560 --> 00:20:24,680 Speaker 4: used to be two thousand dollars container the transportation suddenly 323 00:20:25,160 --> 00:20:29,320 Speaker 4: China increased to twelve thousand. It was clear that you 324 00:20:29,359 --> 00:20:33,119 Speaker 4: cannot buy things that can move the prices of transportation 325 00:20:33,760 --> 00:20:36,359 Speaker 4: from one day to another. And that's the big change. 326 00:20:36,800 --> 00:20:39,800 Speaker 4: The big change is that we are moving from a 327 00:20:39,960 --> 00:20:45,760 Speaker 4: global society now to regional society. No, we have a 328 00:20:45,840 --> 00:20:50,600 Speaker 4: region that is North America, Canada, US and Mexico, and 329 00:20:51,000 --> 00:20:55,320 Speaker 4: China is doing something there with Russia and other countries 330 00:20:55,800 --> 00:21:00,240 Speaker 4: and now they will be regional. But also blow. 331 00:21:02,160 --> 00:21:04,679 Speaker 3: When we got started, I remembered that you and I 332 00:21:04,720 --> 00:21:08,440 Speaker 3: had met in two thousand and eight with Barry Sternlicht 333 00:21:08,520 --> 00:21:12,520 Speaker 3: and Lady Linda Rothschild and Rick Gerson, and we were 334 00:21:12,560 --> 00:21:16,080 Speaker 3: flying around. You were talking now about opportunities and the 335 00:21:16,080 --> 00:21:19,040 Speaker 3: way things have changed. You know, we're looking then in 336 00:21:19,080 --> 00:21:20,520 Speaker 3: two thousand and eight, we had a bit of a 337 00:21:20,560 --> 00:21:24,760 Speaker 3: crisis and there was an opportunity to buy real estate projects, 338 00:21:24,800 --> 00:21:29,240 Speaker 3: you know, more efficiently, less expensive than in the past. 339 00:21:29,600 --> 00:21:31,480 Speaker 3: And I said to Paul, one of the things that 340 00:21:31,560 --> 00:21:35,960 Speaker 3: impressed me so much about you was how humble you 341 00:21:36,040 --> 00:21:39,639 Speaker 3: are and what a kind person you are. And you 342 00:21:40,160 --> 00:21:44,120 Speaker 3: had great interest in other people, not just talking about yourself, 343 00:21:44,280 --> 00:21:48,560 Speaker 3: but more about ideas than things. I'm just curious in 344 00:21:48,600 --> 00:21:53,119 Speaker 3: our country today, in the United States, our political situation 345 00:21:53,400 --> 00:21:55,800 Speaker 3: is very different than it was back in two thousand 346 00:21:55,840 --> 00:21:59,199 Speaker 3: and eight when I first met you. Back then, you know, 347 00:21:59,280 --> 00:22:02,520 Speaker 3: the Republican had a point of view and the Democrats 348 00:22:02,560 --> 00:22:04,760 Speaker 3: had a point of view. But they can at least 349 00:22:04,800 --> 00:22:07,639 Speaker 3: they can at least work together in sort of a 350 00:22:07,760 --> 00:22:12,320 Speaker 3: kind cooperative way, even though they had different ideas. I'm 351 00:22:12,359 --> 00:22:15,800 Speaker 3: just wondering what you think about what you see happening 352 00:22:15,840 --> 00:22:19,199 Speaker 3: in the United States now politically, how you feel about that. 353 00:22:19,840 --> 00:22:23,399 Speaker 4: Let me go a little back. We are very clear 354 00:22:23,480 --> 00:22:27,360 Speaker 4: my family and me. You know, I think in business 355 00:22:27,520 --> 00:22:32,280 Speaker 4: it's important that the family is before everything. After family, 356 00:22:32,640 --> 00:22:35,160 Speaker 4: you go to business and then you go to your hobbies. 357 00:22:35,440 --> 00:22:41,320 Speaker 4: I think that businessman and entrepreneurs that we are creators 358 00:22:41,640 --> 00:22:45,679 Speaker 4: of wealth, but also we manage the wealth. But we 359 00:22:45,760 --> 00:22:49,560 Speaker 4: are temporary managers of wealth because we don't take anything 360 00:22:49,600 --> 00:22:54,359 Speaker 4: with us. We are temporary managers of wealth. So that 361 00:22:54,880 --> 00:23:00,439 Speaker 4: is something important. Then, in my opinion, the crisis of 362 00:23:00,480 --> 00:23:03,439 Speaker 4: two thousand and eight was coming from two thousand. You 363 00:23:03,560 --> 00:23:06,919 Speaker 4: remember in two thousand we have a big crisis in 364 00:23:07,000 --> 00:23:11,000 Speaker 4: the markets. In March of two thousand, the stock is 365 00:23:11,080 --> 00:23:15,880 Speaker 4: changed fall down strongly. The situation economic was very tough. 366 00:23:16,880 --> 00:23:20,480 Speaker 4: And you remember we have the Grispan was in charge 367 00:23:20,480 --> 00:23:23,800 Speaker 4: of the head. The internet rate was six point seventy 368 00:23:23,800 --> 00:23:27,200 Speaker 4: five percent, and then they begin to take down the 369 00:23:28,240 --> 00:23:31,280 Speaker 4: interest change to one three one point seventy five in 370 00:23:31,320 --> 00:23:35,639 Speaker 4: one year. And then in two thousand and one the 371 00:23:35,760 --> 00:23:40,879 Speaker 4: market fall down forty forty percent, thirty percent. It was 372 00:23:40,920 --> 00:23:45,119 Speaker 4: a very tough situation for the economy. We were worried 373 00:23:45,480 --> 00:23:49,000 Speaker 4: at the fall of the market go to the banks 374 00:23:49,080 --> 00:23:52,640 Speaker 4: and to the real estate and make a big crisis. 375 00:23:52,880 --> 00:23:56,480 Speaker 4: But the president the Bush begin to be very active 376 00:23:57,040 --> 00:24:01,600 Speaker 4: with sending checks back and getting the int rate to 377 00:24:01,680 --> 00:24:06,760 Speaker 4: one report to one for seventy five percent interest, putting 378 00:24:06,800 --> 00:24:11,000 Speaker 4: a lot of money everywhere. Actually it finished also with 379 00:24:11,080 --> 00:24:13,600 Speaker 4: the war in the Irara that was part of that, 380 00:24:14,480 --> 00:24:17,320 Speaker 4: and in two thousand and three that things were already okay. 381 00:24:18,000 --> 00:24:21,280 Speaker 4: Instead of going and clean up whatever was done before, 382 00:24:21,320 --> 00:24:25,320 Speaker 4: it followed the depsits. That's what we have many depsits 383 00:24:25,320 --> 00:24:28,240 Speaker 4: and that why the two thousand and eight prices came 384 00:24:28,920 --> 00:24:32,159 Speaker 4: and the crisis was thought. Because I think it was 385 00:24:32,160 --> 00:24:37,480 Speaker 4: a mistake. They bankropped Lemon, remember now, and then when 386 00:24:37,960 --> 00:24:42,840 Speaker 4: President Obama get on charge, he needed to put put 387 00:24:43,040 --> 00:24:45,800 Speaker 4: one billion dollars for City Bank, one billion dollars for 388 00:24:45,920 --> 00:24:50,840 Speaker 4: General modeors. They he supported many of the business that 389 00:24:51,080 --> 00:24:55,320 Speaker 4: was in some bad conditions. I think it was a 390 00:24:56,680 --> 00:25:01,280 Speaker 4: difficult moment, but things wal ahead because it as a 391 00:25:01,320 --> 00:25:05,880 Speaker 4: good job. But they do for compounds all this in 392 00:25:05,880 --> 00:25:11,159 Speaker 4: this moment. I think that in US, and it's not 393 00:25:11,359 --> 00:25:15,439 Speaker 4: nice for the world. There is a division in the 394 00:25:15,480 --> 00:25:18,159 Speaker 4: country that is not good. You need to be together. 395 00:25:18,240 --> 00:25:21,480 Speaker 4: You need to be to be in union, the north, 396 00:25:21,560 --> 00:25:25,040 Speaker 4: the South, the center. Everyone should be American. I think 397 00:25:25,119 --> 00:25:27,440 Speaker 4: like they used you used to do for many, many 398 00:25:27,480 --> 00:25:33,640 Speaker 4: many years, but now it's a big division economical, politically, socially. 399 00:25:33,680 --> 00:25:37,639 Speaker 4: I don't know why the division is so growing. And 400 00:25:38,640 --> 00:25:42,439 Speaker 4: you have now the competition of the two presidents that 401 00:25:42,600 --> 00:25:47,199 Speaker 4: already compete a few years ago. I think that at 402 00:25:47,200 --> 00:25:50,040 Speaker 4: the end of the day, the economic will be good. 403 00:25:50,240 --> 00:25:55,000 Speaker 4: After the political issues and all these things, the economics 404 00:25:55,080 --> 00:25:59,440 Speaker 4: will be in good shape, and Mexico will be part 405 00:25:59,480 --> 00:26:03,320 Speaker 4: of this change. I think there will be a big competition, 406 00:26:04,240 --> 00:26:07,200 Speaker 4: and I am glad that the competition is in this way, 407 00:26:07,920 --> 00:26:12,440 Speaker 4: a big competition between US and China. But the good 408 00:26:12,440 --> 00:26:16,879 Speaker 4: thing is because a big competition in technology and economy. 409 00:26:17,840 --> 00:26:21,800 Speaker 4: That's the competition that I saw. I see for the 410 00:26:21,840 --> 00:26:28,160 Speaker 4: future in more technology, more technology development, and a bigger economy, 411 00:26:28,200 --> 00:26:33,920 Speaker 4: stronger economy, and China will do that also. Around geographical 412 00:26:34,000 --> 00:26:37,440 Speaker 4: like I was telling now is like I say geographical 413 00:26:38,560 --> 00:26:43,119 Speaker 4: group because I think a competition and I think that 414 00:26:44,040 --> 00:26:47,679 Speaker 4: US is going to do it better. A few years ago, 415 00:26:48,119 --> 00:26:52,480 Speaker 4: I was concerned looking that most of the money that 416 00:26:52,600 --> 00:26:57,359 Speaker 4: the big business of US was going to entertainment. I 417 00:26:57,400 --> 00:27:00,080 Speaker 4: don't understand why there will be everything in entertainment and 418 00:27:00,960 --> 00:27:03,800 Speaker 4: Netflix goes ahead that the others get back and stay 419 00:27:03,840 --> 00:27:06,800 Speaker 4: in some way more quiet. But now you are looking 420 00:27:07,320 --> 00:27:10,680 Speaker 4: that the technology you are going to go very fast. 421 00:27:10,720 --> 00:27:14,160 Speaker 4: You have the report today of a media they do 422 00:27:14,359 --> 00:27:19,480 Speaker 4: fantastic and media the chip, the chips and the semiconductors, 423 00:27:19,480 --> 00:27:24,040 Speaker 4: they can grow extraordinary in this quart very very very 424 00:27:24,800 --> 00:27:30,199 Speaker 4: ski advanced. And I think that the US economy and 425 00:27:30,280 --> 00:27:33,520 Speaker 4: the corporations of the US will be doing a good, 426 00:27:33,800 --> 00:27:38,000 Speaker 4: very good job the next years. And I think that 427 00:27:38,080 --> 00:27:41,600 Speaker 4: will be very important the partnership of Mexico for many 428 00:27:41,640 --> 00:27:45,000 Speaker 4: of the of the issues to produce to produce here. 429 00:27:46,160 --> 00:27:51,600 Speaker 4: In some ways the US economy, especially in the label, 430 00:27:52,560 --> 00:27:55,720 Speaker 4: you have less blue collars, the blue boo collar cap 431 00:27:55,800 --> 00:27:59,960 Speaker 4: disappeared the efficiency that they used to have many years ago, 432 00:28:00,560 --> 00:28:04,040 Speaker 4: and now you have the employment in services. The labor 433 00:28:04,160 --> 00:28:09,280 Speaker 4: is mainly in services, including the Waldmark and MacDonalds and 434 00:28:09,440 --> 00:28:15,760 Speaker 4: whatever you like. The Amazon. They are mainly in services, 435 00:28:16,160 --> 00:28:19,119 Speaker 4: and the blue collars are not as good as they 436 00:28:19,240 --> 00:28:22,160 Speaker 4: used to be. They go to the coffee break, interruption 437 00:28:22,280 --> 00:28:25,399 Speaker 4: of work, et cetera. And that's where Mexico can be 438 00:28:25,480 --> 00:28:30,359 Speaker 4: very important to make these w It was also important 439 00:28:30,359 --> 00:28:33,439 Speaker 4: that the Chinese president went to San Francisco to the 440 00:28:33,480 --> 00:28:37,280 Speaker 4: meeting that you have a few months ago, and that 441 00:28:37,440 --> 00:28:42,800 Speaker 4: is say later that they are not thinking and they 442 00:28:42,840 --> 00:28:49,160 Speaker 4: don't like a cold war world. That's very important. And 443 00:28:49,280 --> 00:28:55,040 Speaker 4: they are both country thinking in economy and technology. I 444 00:28:55,040 --> 00:28:58,360 Speaker 4: think that's important for them and for the world and 445 00:28:58,440 --> 00:29:03,400 Speaker 4: for the for the advanced. Now the intell artificial intelligence 446 00:29:03,480 --> 00:29:08,000 Speaker 4: is coming fast and strongly, and immediately you see the 447 00:29:08,080 --> 00:29:14,640 Speaker 4: American company is already there. In the American corporations are 448 00:29:14,840 --> 00:29:21,120 Speaker 4: already in artificial intelligence. What problem plan we have in 449 00:29:21,440 --> 00:29:26,760 Speaker 4: artificial intelligence we can It will increase the productivity and 450 00:29:26,800 --> 00:29:31,920 Speaker 4: it will not so slowly disappear many label many labor 451 00:29:32,000 --> 00:29:36,480 Speaker 4: will be done with artificial intelligence, not by human beings. 452 00:29:37,240 --> 00:29:40,840 Speaker 4: That's why I have a few years many like ten 453 00:29:40,920 --> 00:29:43,800 Speaker 4: or fifteen, I don't know how many talking about the 454 00:29:43,960 --> 00:29:48,520 Speaker 4: change of labor. Instead of working five days of some 455 00:29:48,600 --> 00:29:51,840 Speaker 4: countries are doing for to work three days eleven or 456 00:29:51,880 --> 00:29:56,760 Speaker 4: Coward fowers. And in this way you have people that 457 00:29:56,840 --> 00:30:00,520 Speaker 4: were Mount Juday well day and people that work third, Friday, 458 00:30:00,600 --> 00:30:05,400 Speaker 4: young and Saturday. In this way you multiply the opportunities 459 00:30:05,440 --> 00:30:10,240 Speaker 4: of employment. But also instead of retired as sixty five 460 00:30:10,680 --> 00:30:14,400 Speaker 4: or sixty sixty five, they need to retire at seventy 461 00:30:14,400 --> 00:30:18,280 Speaker 4: five because already. You look at Europe and the US 462 00:30:18,320 --> 00:30:21,200 Speaker 4: the cost of the patient funds and you pay the 463 00:30:21,280 --> 00:30:24,440 Speaker 4: patients and the health for the family, there are no 464 00:30:24,560 --> 00:30:27,760 Speaker 4: funds to pay that. That's why Europe is moving. That's 465 00:30:27,800 --> 00:30:31,280 Speaker 4: why the French government went to move two years. And 466 00:30:31,360 --> 00:30:34,360 Speaker 4: I think that if the new people that work three 467 00:30:34,440 --> 00:30:38,120 Speaker 4: days retired as seventy five years old, you take out 468 00:30:38,360 --> 00:30:41,440 Speaker 4: the big problem of the pensions at sixty five, when 469 00:30:41,480 --> 00:30:44,360 Speaker 4: people is living ninety years old in su Mari. I 470 00:30:44,360 --> 00:30:50,240 Speaker 4: am positive of the near future of Aware countries. 471 00:31:00,160 --> 00:31:04,880 Speaker 1: Carlos. I've spent so many amazing times with you, and 472 00:31:04,920 --> 00:31:06,960 Speaker 1: I agree with you on the politics. I think it's 473 00:31:07,000 --> 00:31:10,880 Speaker 1: become very tribal in this country unfortunately. But one of 474 00:31:10,880 --> 00:31:14,080 Speaker 1: the great moments was the first time you took me 475 00:31:14,640 --> 00:31:18,680 Speaker 1: through your museum in Mexico City, which is one of 476 00:31:18,760 --> 00:31:23,680 Speaker 1: the most incredible, incredible museums I've seen in modern times. 477 00:31:24,080 --> 00:31:26,320 Speaker 1: Your love of art, where did it come from? How 478 00:31:26,320 --> 00:31:27,360 Speaker 1: many pieces do you have? 479 00:31:27,880 --> 00:31:28,040 Speaker 2: You know? 480 00:31:28,240 --> 00:31:30,520 Speaker 1: Tell us about how it all started with that love 481 00:31:30,560 --> 00:31:34,240 Speaker 1: of art and it culminated in this amazing museum that 482 00:31:34,360 --> 00:31:38,000 Speaker 1: everyone I think should see. It's just an amazing experience. 483 00:31:38,360 --> 00:31:43,200 Speaker 4: Well, my wife love art when we went to Colimoon. 484 00:31:43,280 --> 00:31:47,080 Speaker 4: We went to the museums in Europe. Every time we 485 00:31:47,120 --> 00:31:50,120 Speaker 4: go there, we go to the museums. We may get 486 00:31:50,160 --> 00:31:53,080 Speaker 4: involved in some more options to buy so MRK for 487 00:31:53,520 --> 00:31:58,880 Speaker 4: our home. But I have a friend that tipasaway, a 488 00:31:59,000 --> 00:32:04,160 Speaker 4: young friend, very very intelligent and cured with high levels 489 00:32:04,160 --> 00:32:08,560 Speaker 4: of Curtura knowledge, and he recommended me to buy a 490 00:32:08,600 --> 00:32:13,320 Speaker 4: collection from colonial art in Mexico. It was in the eighties, 491 00:32:14,400 --> 00:32:18,480 Speaker 4: late eighties. I bought the collection. But when I about 492 00:32:18,520 --> 00:32:22,920 Speaker 4: this big collection, it was to do a museum. After 493 00:32:23,240 --> 00:32:27,160 Speaker 4: I about the collection, I built the I make a 494 00:32:27,360 --> 00:32:32,480 Speaker 4: development development in an old factory and I make the 495 00:32:32,560 --> 00:32:36,640 Speaker 4: museum there. The inauguration was in ninety four. And then, 496 00:32:37,680 --> 00:32:41,360 Speaker 4: looking that people love to go to the museum, I 497 00:32:41,480 --> 00:32:44,560 Speaker 4: make another museum in the in the other side of 498 00:32:44,600 --> 00:32:49,920 Speaker 4: the city that the museum. You know, the inauguration was 499 00:32:49,920 --> 00:32:56,760 Speaker 4: on thirteen years ago, and the people going there well 500 00:32:56,960 --> 00:33:01,640 Speaker 4: by by beginning I offered that free, that is free 501 00:33:01,760 --> 00:33:05,719 Speaker 4: always all the days, for all the life. My idea 502 00:33:05,840 --> 00:33:09,080 Speaker 4: is that the museum is free for the people to 503 00:33:09,280 --> 00:33:14,880 Speaker 4: go and to enjoy. And I am very happy to 504 00:33:14,960 --> 00:33:17,520 Speaker 4: look that they go, Families, that they go, young people 505 00:33:17,720 --> 00:33:22,480 Speaker 4: like they know from schools. That's really really very a 506 00:33:22,520 --> 00:33:25,960 Speaker 4: big motivation for me to look how many go there, 507 00:33:26,520 --> 00:33:30,040 Speaker 4: how much they enjoy, how clean they have the museum 508 00:33:30,120 --> 00:33:33,040 Speaker 4: because they don't. You don't look that they painting badrooms 509 00:33:33,080 --> 00:33:36,480 Speaker 4: out or something. And it has more many millions of 510 00:33:36,480 --> 00:33:40,000 Speaker 4: people going there, and I am very happy and motivated 511 00:33:40,560 --> 00:33:43,680 Speaker 4: to look back. And because of that, I follow, I 512 00:33:43,800 --> 00:33:50,920 Speaker 4: follow buying in auctions in many options the art. We 513 00:33:51,080 --> 00:33:57,920 Speaker 4: already our our main issue of the foundation is social. 514 00:33:59,080 --> 00:34:01,720 Speaker 4: That's why now now we are more focused to the 515 00:34:01,800 --> 00:34:06,720 Speaker 4: social issues and we have big programs of education. We 516 00:34:06,800 --> 00:34:11,880 Speaker 4: have agreements with the universities of US. We have agreement 517 00:34:11,960 --> 00:34:16,920 Speaker 4: for many years we can academy, can academy for basic education. 518 00:34:17,040 --> 00:34:21,840 Speaker 4: Mainly we have a lot of agreements to give education. 519 00:34:22,640 --> 00:34:27,640 Speaker 4: And we make also by ourselves a lot of training programs. 520 00:34:27,960 --> 00:34:31,520 Speaker 4: And these training programs is for people to take this 521 00:34:31,760 --> 00:34:36,520 Speaker 4: training program for jobs. That means that if we want 522 00:34:36,560 --> 00:34:43,440 Speaker 4: to be in tourism, in the kitchen, in cooking, whatever 523 00:34:43,480 --> 00:34:47,680 Speaker 4: he wants to do in mining, in construction, he can 524 00:34:47,800 --> 00:34:51,560 Speaker 4: take these courses and with these courses take the job 525 00:34:51,840 --> 00:34:55,480 Speaker 4: more easily because he already have training to work. Because 526 00:34:55,520 --> 00:34:58,600 Speaker 4: it has been very successful that we work in head 527 00:34:58,680 --> 00:35:03,240 Speaker 4: like I say, in in education, in sports, in culture, 528 00:35:03,760 --> 00:35:08,279 Speaker 4: in other social issues, human rights, many many things. We 529 00:35:08,400 --> 00:35:12,840 Speaker 4: are working in the Foundation, and we're very happy to 530 00:35:13,280 --> 00:35:17,000 Speaker 4: do that. We know that the Foundations didn't solve the 531 00:35:17,080 --> 00:35:23,520 Speaker 4: problem of employment, but they solved the problem of scaled education, training, 532 00:35:24,440 --> 00:35:28,000 Speaker 4: enjoying the museums, enjoying sports. We have a sport, and 533 00:35:28,120 --> 00:35:31,479 Speaker 4: we are very glad to develop the society with these 534 00:35:32,000 --> 00:35:36,200 Speaker 4: programs of the Foundation. But also we have clear that 535 00:35:36,280 --> 00:35:39,120 Speaker 4: the way to wat type of poverty as education and 536 00:35:39,200 --> 00:35:43,719 Speaker 4: your work labeled to have opportunities of work. 537 00:35:44,239 --> 00:35:47,600 Speaker 3: So for most of us who learned about you, it 538 00:35:47,640 --> 00:35:52,000 Speaker 3: originally happened when Forbes magazine listed you as the richest 539 00:35:52,040 --> 00:35:55,040 Speaker 3: man in the world. It was quite an accomplishment, needless 540 00:35:55,080 --> 00:35:59,880 Speaker 3: to say. But now you're known so much for your philanthropy, 541 00:36:00,080 --> 00:36:04,239 Speaker 3: for your generosity, donating to so many causes. But how 542 00:36:04,280 --> 00:36:07,359 Speaker 3: do you decide where you donate your money? There's so 543 00:36:07,440 --> 00:36:10,520 Speaker 3: much there's so much need in the world. How do 544 00:36:10,560 --> 00:36:12,040 Speaker 3: you decide where to donates? 545 00:36:12,520 --> 00:36:15,280 Speaker 4: Well, first of all, we put the money the foundation. 546 00:36:15,719 --> 00:36:20,440 Speaker 4: The foundation have the money there. Second, the Foundation moves 547 00:36:20,520 --> 00:36:24,680 Speaker 4: immediately when we have a crisis a problem let's say 548 00:36:25,239 --> 00:36:30,200 Speaker 4: the Cura can of Akapulco. The next day we are there. 549 00:36:30,960 --> 00:36:34,520 Speaker 4: We are there to support in many ways. Let's say, 550 00:36:35,040 --> 00:36:38,800 Speaker 4: first of all detail communications. We go very fast to 551 00:36:39,440 --> 00:36:42,880 Speaker 4: make them work again. But at the same day the 552 00:36:43,000 --> 00:36:47,920 Speaker 4: problems made. The main problems is food water. We send 553 00:36:47,920 --> 00:36:55,920 Speaker 4: sixteen portabilizing machines for water, water and and help food 554 00:36:56,000 --> 00:37:00,520 Speaker 4: and then help we make commigations. And then after that 555 00:37:00,680 --> 00:37:03,440 Speaker 4: you finished with the problem of the food and the 556 00:37:03,560 --> 00:37:08,120 Speaker 4: emergency and the health. That is very important to take 557 00:37:08,160 --> 00:37:10,120 Speaker 4: care because in this place and you have a lot 558 00:37:10,160 --> 00:37:16,480 Speaker 4: of mosquito and you have another issue in the hospital. 559 00:37:16,560 --> 00:37:24,480 Speaker 4: We lend them the motabilizing equipment and for energy also, 560 00:37:25,120 --> 00:37:28,840 Speaker 4: and then we also bought from energy to have a 561 00:37:29,120 --> 00:37:33,839 Speaker 4: in the in the mobile service faster because there were 562 00:37:33,880 --> 00:37:39,399 Speaker 4: not power electric power available. The next step mainly is 563 00:37:40,000 --> 00:37:44,560 Speaker 4: make a renaissance of a caul to make a Capuco 564 00:37:44,600 --> 00:37:48,480 Speaker 4: come back. A Kapulco was down for many years, and 565 00:37:48,520 --> 00:37:53,120 Speaker 4: now we went to we're working for the restoration of 566 00:37:53,320 --> 00:37:58,200 Speaker 4: schoolsters and houses, who are taking a big number of 567 00:37:58,239 --> 00:38:03,600 Speaker 4: houses like fifteen hundred to begin to make them come back, 568 00:38:04,000 --> 00:38:07,680 Speaker 4: to have the ceilings okay, and the we want them 569 00:38:07,719 --> 00:38:11,040 Speaker 4: to paint outside in some good colors in some areas 570 00:38:11,080 --> 00:38:12,839 Speaker 4: to have the same color. We will try to do 571 00:38:12,920 --> 00:38:17,560 Speaker 4: that and we're working still in that. So that's one 572 00:38:17,560 --> 00:38:21,880 Speaker 4: of the problems when we have the earthquake of twenty seventeen. 573 00:38:23,000 --> 00:38:28,360 Speaker 4: In this earthquake, we put a lot of money. We 574 00:38:28,440 --> 00:38:30,960 Speaker 4: invite other people to put money and they put five 575 00:38:31,280 --> 00:38:33,839 Speaker 4: five for and we put five for everyone that they 576 00:38:33,880 --> 00:38:37,600 Speaker 4: put and we have a lot of money for the 577 00:38:37,640 --> 00:38:42,600 Speaker 4: recomperation we finish. Our job is begin the twenty seventeen. 578 00:38:42,840 --> 00:38:46,600 Speaker 4: We finished it like two years ago and with the pandemia, 579 00:38:47,200 --> 00:38:51,080 Speaker 4: we managed to have a six hundred thirty beds in 580 00:38:51,160 --> 00:38:54,080 Speaker 4: the hospital in the unity. No, it's not at that 581 00:38:54,280 --> 00:38:57,359 Speaker 4: was the emergency we do. And you know, we find 582 00:38:57,400 --> 00:39:01,800 Speaker 4: something very interesting. You remember when they intube the people, 583 00:39:02,480 --> 00:39:07,280 Speaker 4: many of them passed away. Instead of using the the intube, 584 00:39:08,160 --> 00:39:13,000 Speaker 4: we use something called full tasks of high flue. That 585 00:39:13,160 --> 00:39:18,840 Speaker 4: means a respiration with a high pressure to be like 586 00:39:18,960 --> 00:39:22,799 Speaker 4: if it's very que and seventy seventy percent of the 587 00:39:22,840 --> 00:39:26,480 Speaker 4: people that use this this doesn't need to make to 588 00:39:26,560 --> 00:39:31,920 Speaker 4: make the tube until a meet. They put the very 589 00:39:31,920 --> 00:39:39,000 Speaker 4: strong fifty and it worked very fast. And uh, we 590 00:39:39,280 --> 00:39:42,440 Speaker 4: managed like more than ten thousand people there and it 591 00:39:42,600 --> 00:39:46,799 Speaker 4: was very successful. Actually, many of the people that were 592 00:39:46,800 --> 00:39:49,799 Speaker 4: there that were more than three thousand people, there were 593 00:39:49,840 --> 00:39:53,040 Speaker 4: a lot of people working there. They were the high 594 00:39:53,120 --> 00:39:57,000 Speaker 4: quality people working there. And they get sick, some of 595 00:39:57,040 --> 00:39:59,839 Speaker 4: them or many of them. And about the pass away. 596 00:40:00,040 --> 00:40:04,319 Speaker 4: Another that we used to do is to go to 597 00:40:04,440 --> 00:40:08,879 Speaker 4: these james and take out the people that were there 598 00:40:08,960 --> 00:40:12,080 Speaker 4: because they were poor and cannot pay two hundred dollars 599 00:40:12,200 --> 00:40:15,200 Speaker 4: or three hundred dollars. So the people that were not 600 00:40:15,440 --> 00:40:19,080 Speaker 4: with violence and were the first time they had something, 601 00:40:19,280 --> 00:40:23,160 Speaker 4: we pay the fire the pianza and we get them 602 00:40:23,239 --> 00:40:28,680 Speaker 4: out of jail because they were in the jail because 603 00:40:28,719 --> 00:40:31,120 Speaker 4: they were poor, not because they were criminals. 604 00:40:42,280 --> 00:40:46,279 Speaker 1: Your renovation in Acopoco, which you explained to me last 605 00:40:46,320 --> 00:40:48,920 Speaker 1: time I saw you, you know, Aco Poco to the 606 00:40:48,960 --> 00:40:52,279 Speaker 1: Americans was the place. How long is that going to 607 00:40:52,360 --> 00:40:57,600 Speaker 1: take finishing that project? Carlos? And are the cartel will 608 00:40:57,600 --> 00:40:59,000 Speaker 1: they be out of that region? 609 00:40:59,560 --> 00:41:05,239 Speaker 4: Look, uh, I think the reparation of hotels and houses 610 00:41:06,200 --> 00:41:12,000 Speaker 4: and schools will be finished in my opinion this year 611 00:41:12,440 --> 00:41:16,759 Speaker 4: six months maybe maybe this year. The condominiums are more 612 00:41:16,800 --> 00:41:21,920 Speaker 4: complicated because they have forty owners and one owner owners 613 00:41:21,920 --> 00:41:24,920 Speaker 4: think something and the other thing another. We don't know 614 00:41:24,960 --> 00:41:28,799 Speaker 4: if they have insurance, et cetera, et cetera. But I 615 00:41:28,840 --> 00:41:34,319 Speaker 4: think the main issue is security and security. There is 616 00:41:34,360 --> 00:41:41,919 Speaker 4: the compromise of the government to put many places where 617 00:41:41,960 --> 00:41:46,160 Speaker 4: they have the National Guard, and that's not the way 618 00:41:46,280 --> 00:41:49,960 Speaker 4: that they put order. But we need to have a 619 00:41:50,080 --> 00:41:56,680 Speaker 4: better security situation in a Caulco to make it popular. Actually, 620 00:41:56,800 --> 00:41:59,480 Speaker 4: we're planning to make a visit in the first week 621 00:41:59,560 --> 00:42:03,480 Speaker 4: of you to look how we are advancing on that. 622 00:42:03,600 --> 00:42:07,600 Speaker 4: We have a permanent people there working, but we're going 623 00:42:07,640 --> 00:42:10,759 Speaker 4: to make a checkop and maybe the ambassador of US 624 00:42:10,840 --> 00:42:12,040 Speaker 4: is coming with us. 625 00:42:12,640 --> 00:42:14,080 Speaker 2: I'm going to be in Mexico tomorrow. 626 00:42:14,160 --> 00:42:17,239 Speaker 3: You're you're talking about Acapulco, where obviously there was a 627 00:42:17,239 --> 00:42:20,839 Speaker 3: lot of tourism from the United States. Now I'm going 628 00:42:20,880 --> 00:42:24,200 Speaker 3: to Cabo San Lucas tomorrow with friends. I can't get 629 00:42:24,239 --> 00:42:26,600 Speaker 3: over what's going on here. It seems like every time 630 00:42:26,600 --> 00:42:30,160 Speaker 3: I go there's another hotel, you know, being built. It's 631 00:42:30,200 --> 00:42:33,960 Speaker 3: it's just phenomenal what's happened in Cabo. Isn't it remarkable? 632 00:42:34,520 --> 00:42:37,600 Speaker 4: That was a Lucas have done a great job and 633 00:42:37,760 --> 00:42:42,479 Speaker 4: like you say, it's growing Extrowdinari Cabs and Lucas. Once 634 00:42:42,600 --> 00:42:46,279 Speaker 4: begin the development maybe eighty years ago, I mean a 635 00:42:46,280 --> 00:42:49,240 Speaker 4: lot of time ago, but in the last twenty years 636 00:42:49,600 --> 00:42:53,000 Speaker 4: it had been very successful. After a Capuco it came. 637 00:42:53,040 --> 00:42:57,080 Speaker 4: Do you remember Calcun Yeah, of course can to look 638 00:42:57,640 --> 00:43:01,400 Speaker 4: also with big developments, but loss is very very important. 639 00:43:01,480 --> 00:43:04,600 Speaker 4: Los Cabos for people of California and some of Canada 640 00:43:04,920 --> 00:43:08,799 Speaker 4: is great. We have a lot of development north of 641 00:43:08,920 --> 00:43:12,919 Speaker 4: Los Cabos, you know La Pass and there are many 642 00:43:13,000 --> 00:43:17,920 Speaker 4: places up near near the California that are beautiful places. 643 00:43:17,920 --> 00:43:22,400 Speaker 4: They are doing some developments already there. And now we 644 00:43:22,440 --> 00:43:27,000 Speaker 4: are with a new program in Mexico called Riviera Nayarita. 645 00:43:27,880 --> 00:43:32,680 Speaker 4: That it is Nayarita. You know Puntamita, Yes, in Punta 646 00:43:32,719 --> 00:43:39,040 Speaker 4: Meta and all Bayarda, Porto wa Yarta, Porto wa Yartaa. 647 00:43:39,680 --> 00:43:45,640 Speaker 4: It will go north until until some blasts that will 648 00:43:45,680 --> 00:43:50,120 Speaker 4: be Rivera Nayarita. There are like four big developments coming. 649 00:43:51,120 --> 00:43:54,680 Speaker 4: Puta Meta still is going to do two hotels and 650 00:43:54,760 --> 00:43:57,840 Speaker 4: if you put me is beautiful and only way to 651 00:43:58,360 --> 00:44:03,040 Speaker 4: the north have you full beaches. And it's another new 652 00:44:03,760 --> 00:44:10,040 Speaker 4: big development. It's already big and old YadA. It is 653 00:44:10,080 --> 00:44:13,239 Speaker 4: a very big development already, but it is going more 654 00:44:14,080 --> 00:44:22,839 Speaker 4: to the Nayarit Rivera Nayarita north because Porto Kalisko, near 655 00:44:22,920 --> 00:44:26,640 Speaker 4: the middle and north of Calisco is nayari and that's 656 00:44:26,680 --> 00:44:29,440 Speaker 4: also what we are calling Rivera Nayarita. 657 00:44:29,640 --> 00:44:32,280 Speaker 1: Are you putting a road? Didn't you tell me last 658 00:44:32,280 --> 00:44:35,280 Speaker 1: time I saw you? You're building a road from south 659 00:44:35,320 --> 00:44:36,960 Speaker 1: to north or north to the south. 660 00:44:37,080 --> 00:44:41,040 Speaker 4: We make we make a road from the airport of 661 00:44:41,360 --> 00:44:46,000 Speaker 4: Puerto Aayarta to the to the airport of the peak 662 00:44:46,040 --> 00:44:50,000 Speaker 4: in Nayariit. That's all the way, all the Rivera Nayarita 663 00:44:50,120 --> 00:44:56,080 Speaker 4: is taking there. It's beautiful this road because you you 664 00:44:56,120 --> 00:44:59,640 Speaker 4: move from Tomarria part to other places and suddenly you 665 00:44:59,680 --> 00:45:02,960 Speaker 4: find we see in prot of you, it's a beautiful road. 666 00:45:03,280 --> 00:45:05,920 Speaker 3: There's so many beautiful places. I went to San Miguel 667 00:45:06,239 --> 00:45:08,400 Speaker 3: and I couldn't get over how beautiful it was. 668 00:45:08,640 --> 00:45:14,279 Speaker 4: There's a lot of population of retired, retired people living in. 669 00:45:15,480 --> 00:45:18,560 Speaker 3: There are so many people in California that always went 670 00:45:18,600 --> 00:45:21,920 Speaker 3: to Hawaii. That was where we went, and now you know, 671 00:45:22,239 --> 00:45:25,759 Speaker 3: more people than ever before going to Mexico. You know 672 00:45:25,800 --> 00:45:29,799 Speaker 3: the people are so kind, you get amazing service. The weather, 673 00:45:29,920 --> 00:45:32,480 Speaker 3: of course is wonderful, and the fact that it's so 674 00:45:32,640 --> 00:45:35,440 Speaker 3: close in comparison to going to Hawaii, it's just a 675 00:45:35,520 --> 00:45:38,640 Speaker 3: much better choice for a lot of the people who 676 00:45:38,680 --> 00:45:41,680 Speaker 3: live where I do in Los Angeles where Paul lives, 677 00:45:41,719 --> 00:45:43,120 Speaker 3: pretty pretty easy to get to. 678 00:45:44,800 --> 00:45:50,000 Speaker 4: Fantastic what happened there, the way they grow the hotels, 679 00:45:50,280 --> 00:45:53,960 Speaker 4: because of land, the houses, everything, but totally they are 680 00:45:54,040 --> 00:45:57,880 Speaker 4: doing things in the in the in the Sea of 681 00:45:57,920 --> 00:46:03,160 Speaker 4: Fortees there are a beautiful place in development, and in 682 00:46:03,239 --> 00:46:06,600 Speaker 4: La Pace it's also growing. And then you have Loretto 683 00:46:06,880 --> 00:46:11,959 Speaker 4: that is beautiful, but it is not enough airplanes going there, 684 00:46:12,000 --> 00:46:16,359 Speaker 4: but it's beautiful, and there are golf courses, a big 685 00:46:16,400 --> 00:46:20,280 Speaker 4: beautiful mountains. It's beautiful and you find a lot of 686 00:46:20,280 --> 00:46:24,799 Speaker 4: of sea life. Actually the blue the blue whales water 687 00:46:25,040 --> 00:46:30,920 Speaker 4: in the December any February year near around Loretto. But 688 00:46:31,040 --> 00:46:35,000 Speaker 4: you always find animals in the sea and you see 689 00:46:35,640 --> 00:46:39,200 Speaker 4: whales and dolf a lot of golf in. I think 690 00:46:39,239 --> 00:46:45,200 Speaker 4: it's a beautiful larry and near near California. When you 691 00:46:45,280 --> 00:46:50,279 Speaker 4: have Pelippe, you have in Senada, and Pelipe has not 692 00:46:50,360 --> 00:46:53,560 Speaker 4: grown as much it should be done. And you have 693 00:46:53,640 --> 00:46:56,759 Speaker 4: also the other side of the of the of the sea, 694 00:46:57,239 --> 00:47:01,239 Speaker 4: you have a sonora that also beautify for places. We 695 00:47:01,360 --> 00:47:05,560 Speaker 4: have to have better security all around because there are 696 00:47:06,160 --> 00:47:09,840 Speaker 4: these problems. I tell to some people of the US government, 697 00:47:10,400 --> 00:47:12,880 Speaker 4: you stay with the with the drug and the money, 698 00:47:12,960 --> 00:47:16,440 Speaker 4: and were staying with the arms and the bayous. We 699 00:47:16,520 --> 00:47:18,880 Speaker 4: need to put order there in the two sides now 700 00:47:19,440 --> 00:47:23,080 Speaker 4: not so much heart coming here and not too drugs 701 00:47:23,120 --> 00:47:24,200 Speaker 4: going there. 702 00:47:23,640 --> 00:47:27,560 Speaker 3: You have so many interests, it's just yourself fascinating. Your 703 00:47:27,640 --> 00:47:32,440 Speaker 3: business are baseball. But my question do you still I 704 00:47:32,480 --> 00:47:36,000 Speaker 3: know you have had an investment in the New York Times. 705 00:47:36,200 --> 00:47:38,320 Speaker 3: Are you still an investor in the New York Times? 706 00:47:38,640 --> 00:47:38,719 Speaker 7: No? 707 00:47:39,400 --> 00:47:42,399 Speaker 4: No, We we get involved to support New York Times. 708 00:47:42,440 --> 00:47:45,879 Speaker 4: To remember they have a big problem, yes, and they 709 00:47:45,880 --> 00:47:50,080 Speaker 4: are not having a financing, but we get financing. We 710 00:47:50,200 --> 00:47:55,200 Speaker 4: have some convertibles, but it's completely a financial issue. We 711 00:47:55,239 --> 00:47:57,960 Speaker 4: don't want to be in the in the world. We 712 00:47:58,040 --> 00:48:02,640 Speaker 4: don't want to be giving opinions. We don't get We 713 00:48:02,680 --> 00:48:05,320 Speaker 4: are in business and we don't want to get involved 714 00:48:05,360 --> 00:48:09,879 Speaker 4: in media. Accepting like investments. We already make a big 715 00:48:09,920 --> 00:48:14,959 Speaker 4: invevement on those times in you not by the one 716 00:48:15,000 --> 00:48:18,360 Speaker 4: of Spain, the newspaper of Spain Spain. Yeah, we have 717 00:48:18,800 --> 00:48:25,040 Speaker 4: involvements there, but nothing to be in the media politically. 718 00:48:25,640 --> 00:48:27,240 Speaker 4: We don't want to be in media. 719 00:48:27,719 --> 00:48:31,799 Speaker 1: Charlos, how would you describe your your leadership style with 720 00:48:31,960 --> 00:48:35,640 Speaker 1: everything that's going on, what is your style of leadership? 721 00:48:35,920 --> 00:48:40,440 Speaker 4: Well, I have people in charge and I have the fortune. 722 00:48:40,960 --> 00:48:44,920 Speaker 4: It was a big fortune that my sons like like 723 00:48:44,960 --> 00:48:48,560 Speaker 4: to work in business, like to be in business with 724 00:48:48,680 --> 00:48:52,400 Speaker 4: the principle and values that we are. Also, my sony 725 00:48:52,480 --> 00:48:58,680 Speaker 4: laws are involved. Now, my grandchildren are getting involved. Actually 726 00:48:58,680 --> 00:49:03,080 Speaker 4: there are already two grands beginning to get involved and 727 00:49:03,200 --> 00:49:07,200 Speaker 4: with a lot of responsibility. And well, I think that 728 00:49:07,200 --> 00:49:08,120 Speaker 4: that's very important. 729 00:49:08,280 --> 00:49:13,200 Speaker 1: Everybody should know that it's twenty one grandchildren and amazing 730 00:49:13,640 --> 00:49:17,880 Speaker 1: twenty three now, an amazing family. They are so close. 731 00:49:18,080 --> 00:49:21,880 Speaker 1: And I went to Carlos's birthday party a few months ago. 732 00:49:22,520 --> 00:49:24,839 Speaker 1: They had a big party at the museum for him. 733 00:49:25,200 --> 00:49:29,560 Speaker 1: And the love with that family and all those grandchildren, 734 00:49:29,920 --> 00:49:32,400 Speaker 1: I mean, you have to be the proudest man on 735 00:49:32,480 --> 00:49:35,879 Speaker 1: earth because it's so evident how much love they have 736 00:49:35,960 --> 00:49:38,000 Speaker 1: for you. The kind of family life you have. 737 00:49:38,000 --> 00:49:41,880 Speaker 4: Carlos, family is the first thing, and I have the 738 00:49:41,960 --> 00:49:45,280 Speaker 4: fortune to have the love of them and that each 739 00:49:45,400 --> 00:49:48,600 Speaker 4: love is that everyone love each other. That's right, that's 740 00:49:48,680 --> 00:49:51,880 Speaker 4: very because you love each other. And now we have 741 00:49:52,000 --> 00:49:56,279 Speaker 4: a new member of the family called I am grand grandfather. 742 00:49:57,680 --> 00:50:01,719 Speaker 4: I have a girl three months old and everyone looks. 743 00:50:02,160 --> 00:50:05,960 Speaker 1: That's right. We were talking about that when she was 744 00:50:06,000 --> 00:50:08,520 Speaker 1: about to come into the world a few months ago. 745 00:50:08,600 --> 00:50:13,040 Speaker 1: Congratulations again. But what a family, Carlos. To see that 746 00:50:13,239 --> 00:50:16,160 Speaker 1: is just heartwarming, heartwarming. 747 00:50:15,840 --> 00:50:19,960 Speaker 4: Thank you, thank you for the very It's the best 748 00:50:20,040 --> 00:50:22,759 Speaker 4: bit I mean, you can have, without doubt, the low 749 00:50:23,080 --> 00:50:27,960 Speaker 4: family and the love between remembers each other. Actually, also 750 00:50:28,000 --> 00:50:32,880 Speaker 4: there is a very good relation with the other family, 751 00:50:33,520 --> 00:50:37,200 Speaker 4: my brother's owns, my brother children, they have also a 752 00:50:37,320 --> 00:50:41,280 Speaker 4: very good relation with them. Is a big family loving 753 00:50:41,280 --> 00:50:41,680 Speaker 4: each other. 754 00:50:41,800 --> 00:50:44,560 Speaker 5: Can see that, Yeah, no, wonderful, that's. 755 00:50:44,280 --> 00:50:47,640 Speaker 4: That's so great without jellous without them, buy that's right. 756 00:50:47,719 --> 00:50:50,280 Speaker 4: With a nice communication rare. 757 00:50:50,080 --> 00:50:54,759 Speaker 1: In today's world, Carlos, Carlos, there's any specific goals that 758 00:50:54,840 --> 00:50:56,840 Speaker 1: you have right now at this point in your life, 759 00:50:57,080 --> 00:51:02,520 Speaker 1: any projects, goals, projects that are are important in this environment. 760 00:51:02,719 --> 00:51:08,680 Speaker 4: Well, we want to to increase the activities of the foundation. 761 00:51:10,160 --> 00:51:12,560 Speaker 4: We need to do more, We need to do that 762 00:51:12,640 --> 00:51:16,200 Speaker 4: mainly in Mexico. We want to work harder in the foundation, 763 00:51:17,160 --> 00:51:25,120 Speaker 4: especially health, education and civil rights. But also we are 764 00:51:25,120 --> 00:51:31,920 Speaker 4: getting involved in a new activity. We're working in in gas, 765 00:51:32,880 --> 00:51:38,880 Speaker 4: in gas production of gas and energy. We are doing 766 00:51:39,719 --> 00:51:45,080 Speaker 4: her themical energy erthermical that means that we take it 767 00:51:45,120 --> 00:51:54,719 Speaker 4: from from steam underground hertermical and we're producing also gas 768 00:51:55,040 --> 00:51:58,160 Speaker 4: and we are looking in the way to make some oil. 769 00:51:58,920 --> 00:52:04,360 Speaker 4: We think that guys will be a great substitude for 770 00:52:04,480 --> 00:52:08,719 Speaker 4: the plans of energy and we are working on that. 771 00:52:11,320 --> 00:52:16,319 Speaker 4: But also we have obviously we are working strongly to 772 00:52:16,360 --> 00:52:21,560 Speaker 4: increase the activities of the bank. We have grown important 773 00:52:21,560 --> 00:52:24,959 Speaker 4: way the last two years. Especially it's a good bank, 774 00:52:25,000 --> 00:52:29,279 Speaker 4: a big bank, but it's getting stronger and higher. And 775 00:52:29,920 --> 00:52:34,680 Speaker 4: we are also working stronger in the telecommunication business. And 776 00:52:34,760 --> 00:52:40,040 Speaker 4: thetel communication business we have like twenty four countries and 777 00:52:40,120 --> 00:52:43,400 Speaker 4: we are working hard to have a better service and 778 00:52:43,480 --> 00:52:46,719 Speaker 4: to go very advanced in the technology we give them. 779 00:52:46,880 --> 00:52:50,640 Speaker 4: We gave et cetera, et cetera. And we are also 780 00:52:50,920 --> 00:52:54,920 Speaker 4: in other in other business like real estate. We have 781 00:52:55,000 --> 00:52:59,920 Speaker 4: a company working in the environment very strongly in the environment, 782 00:53:00,560 --> 00:53:09,120 Speaker 4: that is recollection, recycling and incineration of the garbage and 783 00:53:09,160 --> 00:53:12,480 Speaker 4: we have operations in US. We are also in management, 784 00:53:12,520 --> 00:53:17,759 Speaker 4: water and construction. In construction, we have two companies, one 785 00:53:17,800 --> 00:53:21,000 Speaker 4: in Spain and one in Mexico that have a big 786 00:53:21,640 --> 00:53:23,400 Speaker 4: work in construction. 787 00:53:23,960 --> 00:53:27,520 Speaker 1: We didn't talk about Russia, and I was just wondering 788 00:53:27,680 --> 00:53:30,040 Speaker 1: what you're feeling is as to where that's all going 789 00:53:30,120 --> 00:53:31,400 Speaker 1: to work out with Russia. 790 00:53:31,840 --> 00:53:36,920 Speaker 4: Well, I think Russia is a very important country with 791 00:53:37,040 --> 00:53:41,720 Speaker 4: a lot of resources. I think that the problem of Russia, 792 00:53:42,560 --> 00:53:45,680 Speaker 4: that maybe it will be changed, is that they still 793 00:53:45,719 --> 00:53:50,600 Speaker 4: have agricultural mentality. We were talking about the agricultural society, 794 00:53:51,320 --> 00:53:56,000 Speaker 4: industral society, and the technological society. If you look the Chinese, 795 00:53:56,440 --> 00:54:01,360 Speaker 4: the Chinese fly away from the primitive agreeful out of 796 00:54:01,440 --> 00:54:06,200 Speaker 4: consumption and rural to a very advanced technological country and industrial, 797 00:54:07,120 --> 00:54:12,920 Speaker 4: modern industrial county. And Russia is still there, still thinking 798 00:54:12,960 --> 00:54:18,360 Speaker 4: in the oil and gas and looking for bigger territory 799 00:54:19,120 --> 00:54:24,040 Speaker 4: in the industrial society. Nobody thinks to increase the territory. Actually, 800 00:54:24,200 --> 00:54:28,319 Speaker 4: US that took so much territory from Mexico finish in 801 00:54:28,320 --> 00:54:31,160 Speaker 4: the nineteenth century. We need to assay agree to society. 802 00:54:31,960 --> 00:54:37,200 Speaker 4: But now nobody in the world, I look, excepting Russia, 803 00:54:37,360 --> 00:54:40,759 Speaker 4: one to increase the territory. But you are looking to 804 00:54:40,840 --> 00:54:44,320 Speaker 4: do is to increase your market, to increase your economy, 805 00:54:44,400 --> 00:54:48,359 Speaker 4: to increase your technology, to increase to make that your 806 00:54:48,400 --> 00:54:52,719 Speaker 4: population get out of poverty. Because poverty is not only 807 00:54:52,880 --> 00:54:57,239 Speaker 4: a problem of social justice and ethics, is a economic needs. 808 00:54:57,280 --> 00:55:00,600 Speaker 4: You need to have people out of poverty for part 809 00:55:00,680 --> 00:55:03,120 Speaker 4: of the economy, to for part of the market, to 810 00:55:04,120 --> 00:55:10,840 Speaker 4: be part of the education and employment, et cetera. But 811 00:55:11,040 --> 00:55:17,400 Speaker 4: in Russia they maintained strong oil and primary products, primary 812 00:55:17,719 --> 00:55:24,040 Speaker 4: basic problems, army, war and looking for territory. That's the 813 00:55:24,200 --> 00:55:28,240 Speaker 4: old issue. That's not the way to develop a country. 814 00:55:28,840 --> 00:55:32,640 Speaker 4: I think Russia has very smart people. Actually, the Russians 815 00:55:32,680 --> 00:55:37,279 Speaker 4: that have gone out of Russia are developing technology. Many 816 00:55:37,360 --> 00:55:42,040 Speaker 4: things of technology are developed by by Russians outside. You 817 00:55:42,239 --> 00:55:45,080 Speaker 4: remember that in the types of communies maybe fifty years ago, 818 00:55:45,200 --> 00:55:47,960 Speaker 4: we talk about the Russians that were very good for 819 00:55:48,200 --> 00:55:52,040 Speaker 4: mathematics and science and all this. Well, we need I 820 00:55:52,120 --> 00:55:54,560 Speaker 4: think it's the change that we need to have. I 821 00:55:54,680 --> 00:55:58,600 Speaker 4: think actually, maybe put in now that he's friend of 822 00:56:00,040 --> 00:56:02,920 Speaker 4: the President of China, Tea should explain the President of 823 00:56:03,040 --> 00:56:07,960 Speaker 4: China how technology is important, how is not territory. Important 824 00:56:08,040 --> 00:56:11,840 Speaker 4: and importance is to have growing an economy, to have 825 00:56:12,000 --> 00:56:16,440 Speaker 4: a better income to people. I think Rugia need to 826 00:56:16,520 --> 00:56:17,400 Speaker 4: make these changes. 827 00:56:17,960 --> 00:56:20,160 Speaker 3: Well, we've taken so much of your time. I can't 828 00:56:20,400 --> 00:56:23,480 Speaker 3: get over how generous you've been with your time with 829 00:56:23,640 --> 00:56:25,600 Speaker 3: us and how much we appreciate and know you. And 830 00:56:25,680 --> 00:56:29,240 Speaker 3: I could have an argument. Who's a better friend to Paul? 831 00:56:29,440 --> 00:56:33,040 Speaker 3: He he's my very dear friend. But he loves you 832 00:56:33,200 --> 00:56:36,360 Speaker 3: so much. The way he talks about you is is 833 00:56:36,560 --> 00:56:39,560 Speaker 3: very endearing. Is he He just cares about you and 834 00:56:39,640 --> 00:56:41,720 Speaker 3: loves you so much. He loves the time he spends 835 00:56:41,760 --> 00:56:44,680 Speaker 3: with you. I know that it means so much to him. 836 00:56:45,239 --> 00:56:51,600 Speaker 4: One of my my concern is that my best friends 837 00:56:51,840 --> 00:57:03,520 Speaker 4: live outside Mexico. My might have even my my brother Paul. 838 00:57:04,320 --> 00:57:11,800 Speaker 4: I have also a very great friendship with with Aker. 839 00:57:12,000 --> 00:57:15,560 Speaker 4: You know, with Aker that was in charge of AT 840 00:57:15,640 --> 00:57:18,640 Speaker 4: and T and then from General Motor. But it was 841 00:57:18,680 --> 00:57:23,400 Speaker 4: in Bad Jake. It's zero Bay in Spain. It isn't 842 00:57:23,440 --> 00:57:27,200 Speaker 4: great because you don't we see every two months, every 843 00:57:27,400 --> 00:57:31,080 Speaker 4: I don't know how long. But thank you for the conversation. 844 00:57:32,280 --> 00:57:38,120 Speaker 4: It was for me very interesting to talk about so 845 00:57:38,240 --> 00:57:41,840 Speaker 4: many things. Thank you, Thank you Chris, we thank you 846 00:57:42,000 --> 00:57:44,640 Speaker 4: so much. You know I love you and for you 847 00:57:44,760 --> 00:57:48,080 Speaker 4: to do this for me, I only know that people 848 00:57:48,160 --> 00:57:51,200 Speaker 4: are going to learn so much about things that they 849 00:57:51,280 --> 00:57:55,360 Speaker 4: were privy to reach the vast majority. So from Skip 850 00:57:55,440 --> 00:57:57,560 Speaker 4: and I, we thank you so much and I'll hope 851 00:57:57,600 --> 00:57:58,400 Speaker 4: to see you very soon. 852 00:57:58,520 --> 00:57:59,160 Speaker 1: My brother. 853 00:58:01,120 --> 00:58:03,920 Speaker 3: And dios Tabandiga meant. 854 00:58:10,800 --> 00:58:13,560 Speaker 1: Our Away with Paul Anka and Skip Bronson is a 855 00:58:13,640 --> 00:58:15,520 Speaker 1: production of iHeart Radio. 856 00:58:15,680 --> 00:58:20,600 Speaker 3: The show's executive producer is Jordan Runtog, with supervising producer 857 00:58:20,680 --> 00:58:22,400 Speaker 3: and editor Marcy Depina. 858 00:58:22,640 --> 00:58:27,080 Speaker 1: It was engineered by Todd Carlin and Graham Gibson, mixed 859 00:58:27,120 --> 00:58:29,760 Speaker 1: and mastered by the wonderful Mary Dude. 860 00:58:30,440 --> 00:58:32,840 Speaker 2: If you like what you heard, please subscribe and leave 861 00:58:32,920 --> 00:58:33,520 Speaker 2: us a review. 862 00:58:34,280 --> 00:58:41,120 Speaker 1: For more podcasts on iHeartRadio, visit the iHeartRadio app, Apple Podcasts, 863 00:58:41,400 --> 00:58:44,920 Speaker 1: or wherever you listen to your favorite shown 864 00:59:02,640 --> 00:59:10,400 Speaker 4: Pa