When people think about the countries with billionaires and millionaires, they often overlook to consider Mexico and its richest Mexican entrepreneurs. In fact, the country has witnessed some big figures in this field, with numbers of multi-millionaires in Mexico beating the global average. These people collectively hold 43% of Mexico’s individual wealth. For three years in a series, the richest man in the world was from Mexico before Bill Gates got first place in 2014.
Mexico is a rich country with culture and pride and has given many entrepreneurs over the years. While corruption has kept Mexico from accomplishing its full economic growth, it has also supported breed visionary entrepreneurs who know the importance of hard work and determination.
You must be excited to know who are the top 10 richest Mexican entrepreneurs? So are we to show you! Many millionaires have got their wealth in different industries, one of which is Forex trading with Mexican Forex brokers. But most of the wealthiest Mexicans got their fortunes through the Television industry and natural mining resources, such as copper and silver. The following is the list of the richest Mexican entrepreneurs by net Worth.
- Carlos Slim Helú
Net Worth: $67.7 Billion
Residence: Mexico City
Source of Wealth: Telecom
Carlos Slim Helu was among the three richest men in the world, consequently being the richest Mexican entrepreneur in the world, and held the richest person in the world for three years in a row, from 2010 to 2013. Today, Carlos Slim Helu is in the 16th position in the list of the world’s richest people from no. 12 richest on last year’s list.
Mexican entrepreneur Carlos Slim Helú is a self-made man, the son of Catholic Lebanese immigrants to Mexico. Today, he is the chairman and CEO of telecom giants Telmex and América Móvil.
Slim admits to preferring “the simple life,” and his lifestyle may seem less extravagant than other billionaires. Still, Slim has been a savvy investor and businessman, making sure that his fortune continues to improve.
German Larrea Mota Velasco
- Net Worth: $28.6 Billion
- Residence: Mexico City
- Source Of Wealth: Mining
- German Larrea Mota Velasco is another wealthy Mexican with an interest in mining. His net worth is $28.6 Billion, making him the second richest person in Mexico. German Larrea has been the chairman, president, and CEO of Grupo Mexico since 1994 and owns most of the company now. Grupo Mexico is the biggest copper mining company in Mexico, which also works in Peru and the USA. German Larrea has expanded the company interests in other fields, such as infrastructure and transportation, securing his position as second among Mexico billionaires.
Ricardo B. Salinas Pliego
Net Worth: $13.5 Billion
Source Of Wealth: Retail, Media
Residence: Mexico City
Now the Mexican’s third-richest person, after surpassing mining tycoon Germán Larrea Mota Velasco, Salinas Pliego was the only Mexican billionaire whose wealth went up over the past year. For that, he can acknowledge his family’s nearly 75% stake in appliance retailer and lender Grupo Elektra.
Despite a broader market rout, Grupo Elektra posted substantial earnings growth for its fourth quarter 2019, helping its stock bounce back after initial losses in early March. It’s unclear, however, how long the good fortune will last. On March 27, Grupo Elektra said it was recording an unexpected $225 million loss on loan made to a key U.S. client that filed for bankruptcy after failing to find cash between coronavirus uncertainty.
Alberto Bailleres Gonzalez
Net Worth: $9.6 Billion
Source Of Wealth: Mining
Residence: Mexico City
Alberto Bailleres Gonzalez, with a net worth of $9.6 Billion, is the fourth richest man in Mexico. Alberto, an 89-years-old now, graduated from Instituto Tecnologico Autonoma de Mexico with a bachelor’s degree in economics. He got familiar with the business from an early age, as his father – Raul Bailleres, started building the family empire. Alberto was 28 years old when he took over the leading position of Grupo BAL after his father passed away. He got most of his wealth in mining, as he chairs Mexico’s second-largest mining company – Industrias Penoles, which is also the world’s largest silver miner.
Alberto Gonzalez also manages Insurance company – Grupo Nacional Provincial, pension fund manager – Grupo Profuturo, department store chain – Palacio de Hierro and also is an owner of many other businesses in the field of financial services and agriculture, giving him a firm position among billionaires in Mexico.
Juan Francisco Beckmann Vidal
Net Worth: $7 Billion
Source Of Wealth: Tequila
Residence: Mexico City
A descendant of Don Jose Antonio de Cuervo, Beckmann today holds 85% of the world’s largest tequila producer and Jose Cuervo maker, Becle. Though Becle’s Mexico-listed stock edged up over the past year, the peso’s fall against the U.S. dollar kept Beckmann’s net Worth flat with 2019.
- Maria Asuncion Aramburuzabala
Net Worth: $5.8 Billion
Source Of Wealth: Beer, Investments
Residence: Mexico City
Maria Asuncion is the first woman on the list of the richest people in Mexico, with a net worth of $5.8 Billion. She is one of the prominent businesswomen in Mexico. Maria was born in Mexico in 1963 and got her bachelor’s degree in arts and sciences. With her mother and sister, she received a stake in beer giant – Grupo Modelo by her father.
In 2013 the company was sold to A.B. InBev for $20 billion. Since then, up to this day, Maria Asuncion serves on the board of the company Anheuser-Busch InBev. Since 1996 she has also served as CEO of Tresalia Capital – an investment firm. Aramburuzabala has directed the company to make investments in construction, telecommunications, and the internet. Maria Asuncion is currently the richest woman in Mexico.
- Antonio del Valle Ruiz & family
Net Worth: $3.4 Billion
Source Of Wealth: Chemicals
Residence: Mexico City
The fortune of Antonio del Valle Ruiz stems mainly from a 42% stake in Mexico City-based chemical conglomerate Orbia Advance Corp. formerly called Mexichem, plummeted 50% from $3.2 billion last year—the most significant percentage drop of any Mexican billionaire. In March, the coronavirus-induced market crash pushed shares of Orbia, which changed its name from Mexichem in September, down to half their worth vs. last year’s billionaire’s list. On March 27, 2020, the cash-strapped firm said it drew down $1 billion from its revolving credit line due to the Covid-19 outbreak.
- Carlos Hank Rhon
Net Worth: $2.3 Billion
Source Of Wealth: Banking
Residence: Mexico City
Carlos Hank Rhon is the eight richest person in Mexico, with a net worth of $2.3 Billion. Carlos, who is now 73 years old, has graduated from Universidad National Autonoma de Mexico with a bachelor’s degree in engineering. His father was a famous politician – Carlos Hank Gonzalez, who was the mayor of Mexico City, Secretary of Agriculture, and governor of his home state.
Carlos Hank Rhon got his wealth in the banking industry. Now he holds an industrial conglomerate – Grupo Hermes, that has interests in various fields such as infrastructure, energy, tourism, and auto dealerships. Carlos also has assets in construction, financial services, and many more. His wife is the daughter of another Mexican billionaire Roberto Gonzales, who is the founder of Grupo Banorte and has a net worth of $1.9 Billion.
The Mexican steel baron’s fortune is up to $500 million from a year ago after a rebound in the share price of two steel listed companies in which he holds shares: Industrias CH and Grupo Simec. We hope the above list of successful richest Mexican entrepreneurs will let you learn about them more and will be influential for you.
