Billionaire Carlos Slim Says People Work Too Much

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Mark Melin
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Updated on

Mexico’s Carlos Slim is yet another billionaire to say working less would help people relax and enjoy life more. Carlos Slim says people should only work three days per week Carlos Slim, a self-made billionaire who built his wealth primarily in Mexican telecom industry, says people should only work three days per week, but put in 11 hours per day and work longer. (According to various studies, the US work week is nine to ten hours long, depending on the study one reads.) Rather than retiring at 50 or 60, the world’s second-wealthiest man says workers might be required to…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.