10 Most Influential Richest Mexican Entrepreneurs

Richest Mexican Entrepreneurs

When people think about countries with lots of billionaires and millionaires, they often forget about Mexico and its very rich business people. Actually, Mexico has a lot of super rich people, more than the average around the world.

Together, these rich folks own 43% of all the money individuals have in Mexico. For three years in a row, the richest person in the world was from Mexico, until Bill Gates took the top spot again 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.

1. 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.

Carlos Slim Helú Richest Mexican Entrepreneur 2021

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.

2. 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.

3. 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.

Mexican's third-richest person, after surpassing mining tycoon Germán Larrea Mota Velasco
Mexican’s third-richest person: Germán Larrea Mota Velasco

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.

4. 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 learned about the business early on because his dad, Raul Bailleres, was the one who started building their family empire. Alberto was 28 years old when he took charge of Grupo BAL after his dad died.

He made most of his money from mining. He leads Mexico’s second-biggest mining company, Industrias Penoles, which is also the top silver mining company in the world.

Alberto Bailleres Gonzalez

Alberto Gonzalez runs a big insurance company called Grupo Nacional Provincial and a pension fund called Grupo Profuturo. He also owns a big store called Palacio de Hierro and many other businesses in finance and farming. This makes him one of the richest people in Mexico.

5. 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.

Juan Francisco Beckmann Vidal

6. 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.

Maria Asuncion Aramburuzabala

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.

7. Antonio del Valle Ruiz & family

  • Net Worth: $3.4 Billion
  • Source Of Wealth: Chemicals
  • Residence: Mexico City

Antonio del Valle Ruiz’s fortune, largely from a 42% stake in Orbia Advance Corp. (formerly Mexichem), saw a dramatic 50% decrease to $3.2 billion due to the coronavirus market crash.

The crash halved Orbia’s share value, leading the company to draw down $1 billion from its credit line in March 2020 to manage the financial strain caused by Covid-19.

8. Carlos Hank Rhon

  • Net Worth: $2.3 Billion
  • Source Of Wealth: Banking
  • Residence: Mexico City

Carlos Hank Rhon, the eighth richest person in Mexico with a net worth of $2.3 billion, is a 73-year-old engineering graduate from Universidad Nacional Autónoma de México. He is the son of Carlos Hank González, a notable political figure who served as Mexico City’s mayor, Secretary of Agriculture, and governor of his home state.

Carlos Hank Rhon, originally wealthy from banking, now oversees Grupo Hermes, an industrial conglomerate with diversified interests including infrastructure, energy, tourism, and auto dealerships, among others. Married to the daughter of Mexican billionaire Roberto Gonzales, founder of Grupo Banorte, Carlos’s influence spans multiple sectors.

9. Roberto Hernandez Ramirez

  • Net Worth: $2 Billion
  • Source of Wealth: Banking, Investments
  • Residence: Mexico City

The tycoon, Roberto Hernandez Ramirez, first built his fortune in finance as a former shareholder of Mexican bank Banamex, which Citigroup received in 2001 for $12.5 billion. Though he changed his holdings after the sale, his fortune ticked down among the broader market loss, falling from $1.8 billion last year.

10. Rufino Vigil Gonzalez

  • Net Worth: $1.9 Billion
  • Source Of Wealth: Steel
  • Residence: Mexico City
Rufino Vigil Gonzalez

The Mexican steel magnate’s net worth increased by $500 million due to a surge in the stock prices of Industrias CH and Grupo Simec. This list of successful Mexican entrepreneurs aims to inspire and educate readers.

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