Below are the richest people in Mexico. It was Slim's first successful business acquisition in Europe. Slim's wealth is the equivalent of roughly 5% of Mexico's annual economic output. Though the bulk of his holdings remained in Mexico, he began targeting the United States for foreign investments. Who are the richest people in Mexico and what do they do? She still serves on the board of ABInBev, and joined the board of directors of listed cosmetics firm Coty in December 2020. This compensation may impact how and where listings appear. Age: 82 years. Though Becle's Mexico-listed stock edged up over the past year, the peso's fall against the U.S. dollar kept Beckmanns net worth flat with 2019. The article said, "While the market value of his stake in publicly traded companies could decline at any time, at the moment he is probably wealthier than Bill Gates". Where do the rich and famous hangout? As of March 4, 2023, Bernard Arnault had a net worth valued at $189 billion, making him the wealthiest person As of March 3, 2023, Gina Rinehart was the wealthiest person in Australia, with an estimated net worth of 29.2 As of March 3, 2023, Georg Stumpf was thewealthiest man in Austria, with an estimated net worth of 7.9 billion As of March 3, 2023, Jorge Paulo Lemann was thewealthiest man in Brazil, with an estimated net worth of 15.9 As of March 3, 2023, David Thomson was thewealthiest man in Canada, with an estimated net worth of 54.9 billion Wealthiest People in Japan (February 12, 2023), Migrating to Another Country? Average Salary: $45,406 USD. [20] By 1921, he had begun investing in real estate in the flourishing commercial district of Mexico City where Julin acquired prime Mexican real estate at fire sale prices and in the Zocalo District during the 191017 Mexican Revolution. He ranks No. This 80-year old Mexican is a self-made billionaire. The stronger peso also helped boost Penalozas fortune in dollar terms. Guadalajara is one of the bigger cities in Mexico, population-wise, and one of the richest cities in the country. de C.V., the parent company of Jose Cuervo and other liquor brands, went public in a 2017 IPO that raised $900 million. Thomas' experience gives him expertise in a variety of areas including investments, retirement, insurance, and financial planning. Amrica Mvil, Latin Americas largest telecommunications company, is owned by the Helu family. Today, amid the pandemic, it sits empty. [1][80] In May 2015, he listed the property for sale at $80 million, nearly twice what he had paid. These top 10 world's most beautiful uniforms will make you excited and eager to try once. ", Forbes. He also controls department store chain Grupo Palacio de Hierro, which hasnt fared quite as well. Antonio Del Valle Ruiz is placed 8th with a net worth of $3.1 billion. She also provided leadership to giant investment firm Tresalia Capital. No Mexican billionaire was hit harder than the nations richest person, telecom mogul Carlos Slim Hel, who again leads the ranks despite his fortune falling $12 billion, or nearly 19%, since last year. [19][94] The foundation has organized Copa Telmex, an amateur sports tournament, recognized in 2007 and 2008 by Guinness World Records as having the most participants of any such tournament in the world. The 10 Richest States In Mexico - WorldAtlas Read on to know The Full List of Mexico's Billionaires In 2023 - Who Are The Richest People In Mexico? In December 2012, he bought all the shares of the second division team Estudiantes Tecos. Mexico is home to a dozen of billionaires with huget assets in various fields. Mexico: richest people by net worth in 2022, by value of fortune Carlos Slim Helu and his family had a fortune of 81.2 billion U.S. dollars and were the richest people in the country as of 2022, according to Forbes. [21], Amidst the Mexican economic downturn before its recovery in 1985, Slim invested heavily by snapping up numerous Mexican flagship companies for pennies on the dollar. Uncovering The Wealthy Elite Of Tijuana Mexico: Who They Are And How On this Wikipedia the language links are at the top of the page across from the article title. The conglomerate Grupo Salinas is a joint venture between Grupo Elektra and Ricardo Salinas Pliego. The son of late politician Carlos Hank Gonzalez has interests in construction, tourism, energy, auto dealerships and more, which fell in value by approximately 10% since last year. Slims wealth is primarily derived from his telecommunications company and other businesses holdings. Currently in the world there are more than 100 different horse breeds, here are the top 10 best and highly appreciated breeds. Carlos holds a Bachelors degree in Science and Arts. [9] In 1990, Grupo Carso was floated as a public company initially in Mexico and then worldwide. "Insight - Threat of Break-up Looms Over Mexican Telecoms Tycoon Slim.". When asked to explain his sudden increase in wealth at a press conference soon after Forbes annual rankings were published, he said, "The stock market goes up and down", and noted that his fortune could quickly drop. They are often used for racing, working in the fields, herding sheep or pulling carts. She, her mother and sister sold beer giant Grupo Modelo for 20 billion dollars. [100], Slim has been Chair of the Council for the Restoration of the Historic Downtown of Mexico City since 2001. "America Movil Fined $128 Million by Mexican Telecoms Operator. In the rise of his wealth, the Business magnate has engaged in the formation of several companies. The minimum wage in Mexico increased to $141.70 pesos per day on January 1, 2021. ", The Mazatlan Post. Thats nearly 25% less than the $133 billion that Mexicos billionaires were worth last year. [34] Much of the rationale behind Slim's international commercial expansion beyond Mexico was due to a running joke in Mexican business circles where "there was nothing left to acquire in Mexico. Brazil is the largest economy in South America, followed by Argentina, Chile, Colombia, and Peru. [33][30], In 1991, he acquired Hoteles Calinda (now OSTAR Grupo Hotelero), a hotel chain and in 1993, he increased his stakes in General Tire, an American tiremaker and a distributor of aluminum profiles and aluminum concern Grupo Aluminio to the point where he had a majority interest in the company. Learn how and when to remove this template message, Organisation for Economic Co-operation and Development, "Carlos Slim's growing involvement in the oil and gas industry -", "THE MOBILE MEXICAN MAGNATE: HOW CARLOS SLIM HELU GOT HIS START", "Can You Buy Anything in Mexico Without Paying Carlos Slim? Colorado, which is home to 5,456,574 people, has the twentieth highest population density in the United States. Today she sits on AB InBev's board and serves as CEO of investment firm Tresalia Capital, which has led investments in construction, telecommunications and technology. [81], Slim's growing wealth has been a subject of controversy, because it has been amassed in a developing country where average per capita income does not surpass US$14,500 a year, and nearly 17% of the population lives in poverty. He is worth 3.7 billion dollars. [11][12][13] He decided at a young age that he wanted to be a businessman,[4][14] His fortune, which stems mostly from a 42% stake in Mexico City-based chemical conglomerate Orbia Advance Corp. (formerly called Mexichem), plummeted 50% from $3.2 billion last yearthe largest percentage drop of any Mexican billionaire. Maria was born in Mexico in 1963 and got her bachelor's degree in arts and sciences. [1], In May 2014, Slim opened Inbursa Aquarium, Latin America's largest aquarium. She's a California native who grew up in the Central Valley. 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[96] The inauguration in 2011 was attended by the President of Mexico, Nobel Prize laureates, writers and other celebrities. [11] It was not uncommon for Lebanese children to be sent abroad before they reached the age of 15 to avoid being conscripted into the Ottoman Army, and four of Haddad's older brothers were already living in Mexico at the time of his arrival. [71], On 5 March 2013, Forbes stated that Slim was still maintaining his first-place position as the wealthiest person in the world, with an estimated net worth of US$73billion. [3] He was the first Mexican to top the list. [83] Telmex, of which 49.1% is owned by Slim and his family, charges among the highest usage fees in the world, according to the Organisation for Economic Co-operation and Development. Areas such as the wealthy neighborhoods of Polanco and Lomas de Chapultepec are some of the most expensive real estate in the country. [59], In his office, Slim does not have a computer, and instead keeps all his financial data in hand-written notebooks. The Hamptons are a popular vacation destination in the United States. The city of Los Angeles in California generates an annual GDP of $789.7 billion. [1][2] From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine. The 25 Richest People in New Mexico - William P. Barrett At an estimated $62.8 billion, hes worth $10.7 billion more than a year ago. Since then, up to this day Maria Asuncion serves on the board of the company Anheuser-Busch InBev. Fortunately, he was already familiar with the business. Beckmann Vidal, a descendant of Don Jose Antonio de Cuervo, owns the majority of Jose Cuervo tequila maker Becle. These are Mexicos internal factors. The coronavirus-induced market crash in March pushed shares of Orbia, which changed its name from Mexichem in September, down to half their value vs. last year's billionaires list. Forbes. 2, $27.0 billion), Ricardo Salinas Pliego (No. Lisa is also an editor on the Breaking News desk and oversees stories of national significance. Richest People in America; Richest people in Australia; Mexico has got some of the wealthiest in the world and their net wealth worth is surely jaw-dropping, crossing over 75 billion USD! READ MORE: Top 20 Richest Countries In the World 2023 - By GNI Per Capita. [56][57], Carlos Slim was married to Soumaya Domit from 1967 until her death in 1999. From Seguros de Mxico, Fianzas La Guardiana and Casa de Bolsa Inbursa, he formed the Grupo Financiero Inbursa, a financial services provider. Monterrey is one of the most well-known and developed cities in Mexico. ", Statista. At the age of 32 years, Arango did not know he could be Mexicos seventh-richest person. The Most Successful Mexican Entrepreneurs. All of Mexico's billionaires reside in Mexico's capital, Mexico City. The Richest People In New Mexico. Industry: Telecom. The GDP of a city determines its wealth. The wealthiest people in Mexico live in the capital city of Mexico City, as well as in the surrounding metropolitan area. Who is the richest female billionaire in Mexico? Check it out! On March 27, 2020, the cash-strapped firm said it drew down $1 billion from its revolving credit line as a result of the Covid-19 outbreak. Now the nation's second-richest person, after surpassing mining tycoon Germn Larrea Mota Velasco, Salinas Pliego was the only Mexican billionaire whose fortune went up over the past year. Some of their well-performing brands include El Porton, VIPs, Suburbia, Superama. Corrales Village is one of New Mexicos wealthiest cities. [20], In February 2011, Julian, the oldest brother of Carlos, died aged 74. He is fortunate enough to be the son of a rich man, Emilio Acarraga Vidaurrieta, who founded Televisa. 2. [28], In March 2015, Slim began examining Spain as a potential investment destination, by purchasing cheap properties in Spain's real estate sector at rock-bottom prices in its ailing economy. The point is you have to recognize and grasp. Though it remains Mexico's fourth-largest fortune, the $6.4 billion amassed by Bailleres Gonzalez marks a $1 billion drop from last year, as shares of Industrias Peoles, Mexicos second-largest mining company, tanked nearly 50%. There are so many safe, leafy, and cool neighborhoods in Guadalajara, unlike other areas where ex-pats congregate, that expats are dispersed throughout the city in clusters of eight or nine more affluent areas, such as Providencia, Chapalita, Zapopan, and Chapepec. Amol Sarva is an American entrepreneur. Becle S.A.B. Arango even bought into Walmart. Most of these billionaires inherited large fortunes that they were able to reinvest and grow. Eva is one of the few Mexican billionaires whove increased their net worths since 2012. When people think of the countries with billionaires, they often forget to mention Mexico. Horses are one of the fastest animals in the world. California has the most people of any state in the country, with 39,144,818 people living there as of 2015. Based on MasterCMS Ultimate Edition v2.9 2020, Top 10 Most Beautiful Mexican Actresses - Updated, Top 8 Most Handsome Men in Mexico - Updated. He was forced to sell assets in both markets after the government made it illegal for any company to own more than 50 percent of the share market in any of those two markets. The wealthiest person in Mexico is Carlos Slim, who made his $62 billion fortune in telecommunications. Germany is home to the richest billionaires in Europe and also in the world. The countrys billionaire ranks swelled by one since last year to 13 list members, while their combined net worth rose by nearly a third to $136.1 billion (up from $103 billion). It is not uncommon for Mexico to receive a bad reputation in Hollywood and popular media. Theyve held up Mexicos economy during its bad times, and they deserve some more financial reward. [30] In addition, Grupo Carso's corporate conglomerate structure allows Slim to purchase numerous stakes across a wide range of industries, thereby making the overall conglomerate nearly recession-proof in the event that one or more industry sectors of the Mexican economy do not fare well. Fast-forward two weeks, and all but one of the nation's billionaires were worth less than a year ago. Learn how your comment data is processed. Though his fortune has grown, hes fallen to 16th richest person in the world, from No. David Penaloza Alanis, CEO of toll road company Promotora y Operadora de Infraestructura, known as Pinfra, returns to the ranks after falling off in 2020. Just 12 billionaires from Mexico land on Forbes' 2020 ranking of the World's Billionairesfive fewer than in 2019. The Full List of Billionaires Of Philippines In 2023 - Who Are The Richest People In The Philippines? Shares of his airport management firm Grupo Aeroportuario del Sureste plunged dramatically in early March 2020 but nearly doubled in value since then. It's unclear, however, how long the good fortune will last. READ MORE: The Full List of Indian Billionaires In 2023 - Who Are Top 10 Richest People In India? In 1999, Slim began expanding his business interests beyond Latin America. He is now the proud owner of America Movil and 17 percent of the New York Times. [77], Slim is an active real estate investor. . Popular Stories Right now. Karen Virginia Beckmann Legoretta ($2.7 billion) occupied the 9th position among the top 10 wealthiest people in Mexico. Shares of Grupo Mxico, the nations largest mining corporation, ended a turbulent year down nearly 30% after one of the worst quarters since the Great Recession for copper miners around the globe. NEW MEXICO (KRQE) - Forbes 35th annual billionaire list says a New Mexico . Amrica Mvil, Latin America's largest telecommunications company, is owned by the Helu family. Mexico's Richest People 2020: After Coronavirus Tanks Fortunes - Forbes Mexico has produced its fair share of billionaires. The Maldives, a remote, untouched island country in the Indian Ocean, has so much to offer that it is difficult to imagine how it could be exploited. In 2021, from the total national wealth in Mexico, 78.7 percent belonged to the top ten percent group. 7. The Mexican peso had strengthened to about 21 pesos per dollar, and stock prices of many companies founded and run by Mexican billionaires rebounded significantly. [25] Julin was known for his business savvy, strong work ethic, and commitment to traditional Lebanese moral values. 1. From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine. [15][9] Due to the vast size of his business empire, he often jokes that he cannot keep track of all the companies he manages. She took her seat in office in 2017 and she is a member of the Republican Party.