Germn Larrea Mota Velasco is the Chairman and CEO of Grupo Mxico S.A.B. Here are Mexicos 13 billionaires; net worths are as of March 5, 2021: Slim, whose largest asset is a majority stake in pan-Latin American wireless telecom firm Amrica Mvil, was the worlds richest person for four years from 2010 to 2013. Some of the most popular places for the rich and famous to vacation in Mexico are the coastal resorts of Acapulco, Cancun, and Puerto Vallarta. The Full List of South African Billionaires In 2023 - Who Are The Richest People In South Africa? 3, $10.9 billion); and Alejandro Bailleres Gual (No. How he . Top 20 Richest Countries In the World 2023 - By GNI Per Capita. CEOWORLD magazine - Top Stories - Stats Gate - Wealthiest People in Mexico (February 12, 2023). [68] It was the first time in 16 years that the person on top of the list was not from the United States. Where do people go on holiday? Upon formation of the company, Slim remained sanguine about the company's future potential and Mexico's burgeoning energy sector where the state monopoly ceased to exist. The North Island in the Seychelles is one of the worlds most luxurious and environmentally friendly private islands. He taught algebra in a Mexican University before going into the telecom business. Pliegos fortunes suffered due to depressed consumer spending, but a stronger Mexican peso, nonetheless, increased his net worth by $1.2 billion in 2020. Others made their fortunes in mining, finance, and retail. [59], In his office, Slim does not have a computer, and instead keeps all his financial data in hand-written notebooks. For the 2021 list of the worlds wealthiest, Forbes used exchange rates and stock prices from March 5, 2021. In the following year, Slim bought the Mexican arm of Sears Roebuck.[19][17]. Carlos Slim Hel (interests in the telecommunications, industrial . Mexico's GDP as of 2020 was $1.07 trillion; whereas Spain's was $1.28 trillion, making Spain, in that sense, richer than Mexico. His father started the family mining empire, and Alberto steered it into mega profitability and growth. [74], In 2019, his net worth was said to be at least $58.1 billion, making him the richest man in Mexico. In 2018, regulators fined the company $128 million for violations of antitrust laws. Popular Stories Right now. Lisa Brown is the opinion editor for News and Initiatives at the CEOWORLD magazine, supervising coverage that includes consumer issues, technology, travel, life, and money news. [97], After stating that he had donated US$4billion of dividends to Fundacin Carlos Slim, US$2billion in 2006, and another US$2billion in 2010, Slim was ranked fifth in Forbes' World's Biggest Givers in May 2011. She, her mother and sister sold beer giant Grupo Modelo for 20 billion dollars. In New Mexico that person is Mack C. Chase with a net worth of $650 . The Worlds Best Universities For Doctor of Business Administration (DBA), 2022. Knowinsiders.com's astrologer ranks the Top 5 most attractive female zodiac signs in the workplace. Check out full list of Mexico's billionaires 2023. As of February 2023, the richest person in Mexico is Carlos Slim Helu. Karen Virginia Beckmann Legoretta ($2.7 billion) occupied the 9th position among the top 10 wealthiest people in Mexico. He was worth $16.7 billion in 2012, but is now worth $12.8 billion because copper prices went down for the past few years. From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine. On this Wikipedia the language links are at the top of the page across from the article title. The wealthiest person in Mexico is Carlos Slim, who made his $62 billion fortune in telecommunications. The GDP of a city determines its wealth. This 80-year old Mexican is a self-made billionaire. "The 10 richest families in Mexico. The television company was already the biggest in Mexico before Jean took it over, and hes had plenty of time to rack up his net worth over the years. German Larrea Mota Velasco, Carlos Slim Helu and Ricardo B. Salinas Pliego. Dubai is a popular business hub due to its status as a wealthy state. Amrica Mvil, Latin Americas largest telecommunications company, is owned by the Helu family. In 2008, Slim took a 6.4% stake valued at $27 million in the New York Times Company, a prominent American newspaper publisher. [21] The value of his stake in Seguros eventually became worth US$1.5billion by 2007, after four spinoffs. 12 in 2020, despite the fact that his fortune grew $10.7 billion in the past year. As of the end of 2021, there are 13 billionaires in Mexico. As many banks were struggling and foreign investors were cutting back on investing and scurrying, Slim began investing heavily and acquired many Mexican flagship businesses at depressed valuations. [5] As of February 2023, Bloomberg Billionaires Index ranked him as the 10th-richest person in the world with a net worth of $86 billion,[6] making him the richest person in Latin America.[6]. "Mexico's Richest Billionaires 2021. [19] Julian and Linda had six children: Nour, Alma, Julin, Jos, Carlos, and Linda. [9], In 2019, Forbes put Slim in the list of the world's most generous philanthropists outside of the US. Most visitors arrive via its airport, so the beaches of Baja California are well known for their sand and sea. In a syndicate holding structure the Austrian state holding company OIAG's 28% are combined with Slim's 27% ownership. In comparison to the national average, the median household income in the state is $62,488. His father, however, was detained by Iranian authorities for 6 years, which meant that, Read More 10 Things You Didnt Know about Dara KhosrowshahiContinue, Kim Reynolds is the 43rd governor of the state of Iowa. Full List of Mexico Billionaires 2023 When people think of the countries with billionaires, they often forget to mention Mexico. Sao Paulo is one of the wealthiest cities in Latin America. The reason why these places are considered to be wealthy is because they have a high concentration of millionaires and billionaires. The middle class forms a small . [77], Slim is an active real estate investor. Chico Pardo is president and chairman of the Mexico-listed company. Read on to know The Full List of Mexico's Billionaires In 2023 - Who Are The Richest People In Mexico? Carlos Slim Hel keeps his long-held spot as Mexicos richest person. She still serves on the board of ABInBev, and joined the board of directors of listed cosmetics firm Coty in December 2020. 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! A typical household income in the United States is nearly $15,000 more than the countrys median income, which is $73,303. The only Mexican woman on the billionaire rankings, Aramburuzabala inherited a stake in beer giant Grupo Modelo from her father before its $20 billion sale to Anheuser-Busch InBev in 2013. Have you read? With over 10 years of professional writing experience, his ultimate goal is to simply and effectively communicate useful information using the most technologically relevant methods. Some of these places include the city of Monterrey, which is considered to be the wealthiest city in Mexico. READ MORE: Top 20 Richest Countries In the World 2023 - By GNI Per Capita. The wealthiest people in Mexico live in the capital city of Mexico City, as well as in the surrounding metropolitan area. [25] In 1965, he also acquired Jarritos del Sur, a Mexican bottling and soft drink company. The stronger peso also helped boost Penalozas fortune in dollar terms. [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. 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 20, 2023), Why Academic Freedom Should Be Encouraged in Universities, Best Universities For Doctor of Business Administration (DBA), 2022, Worlds Best Hospitality & Hotel Management Schools, 2022, The Worlds Richest People (Top Billionaires, 2023), Wealthiest People in Australia (March 3, 2023), Wealthiest People in Austria (March 3, 2023), Wealthiest People in Brazil (March 3, 2023), Wealthiest People in Canada (March 3, 2023), Inclusion and Diversity at CEOWORLD magazine, German Larrea Mota Velasco & family: $27.0 billion, Ricardo Salinas Pliego & family: $11.0 billion, Alejandro Bailleres Gual & Siblings: $7.1 billion, Maria Asuncion Aramburuzabala & family: $6.3 billion, Juan Domingo Beckmann Legorreta & family: $4.4 billion, Antonio Del Valle Ruiz & family: $3.2 billion, Karen Virginia Beckmann Legoretta: $3.1 billion. The 10 Richest People in Mexico in 2022. Gates' net worth was estimated to be at least US$58billion. Streams of knowledge everyone should know, Copyright@2020 KnowInsiders. [33] In high school, Slim's favorite subjects were history, cosmography, and mathematics. ", "Shazam Raises A Huge Round to the Tune of $32 Million", "Shazam Gets $40 Million Investment from Carlos Slim's America Movil", "UPDATE 1-Carlos Slim private equity fund sells stake in pharma company", "Slim seeks to build Telekom Austria into European player", "Carlos Slim dives into ailing Spanish economy, takes over troubled companies", "One of the richest men in the world is backing a startup that ranks Wall Street's hedge funds", "Fallece el empresario Julin Slim Hel, hermano de Carlos Slim", "La trgica historia de amor de Carlos Slim, el hombre ms rico de Mxico", "Mexican Billionaire Carlos Slim Is Quietly Transferring Assets To His Children", "A Priest's Legacy Survives, and Divides, in Mexico", "Francis heads to Mexico amid Legionaries of Christ disclosures", "Carlos Slim Hel tiene covid-19, confirma su hijo", "Carlos Slim Helu Now World's Second-Richest Man", "Carlos Slim, the richest man in the world", "Mexican overtakes Bill Gates as world's wealthiest man", "Year's richest man, first from emerging economy, bumps Gates", "Bill Gates Retakes World's Richest Title From Carlos Slim", "Mexico's Carlos Slim Reclaims World's Richest Man Title From Bill Gates", "Forbes 2017: World's top 20 billionaires", "Carlos Slim, owner of Sears Mexico, lives a surprisingly frugal life for a billionaire. Since 2012, most of the Mexican dollar billionaires have suffered a significant reduction in their net worth. Check out the full list of Malaysian billionaires 2023. In late February, while Mexico's reported coronavirus cases were still hovering in the single digits, the nation's billionaires were faring well, despite two quarters of economic contraction; the overwhelming majority were enjoying lofty gains thanks mostly to soaring share prices, and combined, they were worth $125 billion. There are a lot of celebrities and wealthy individuals living in this area. Slims wealth is primarily derived from his telecommunications company and other businesses holdings. No zodiac sign is "completely unlucky" in all areas in March 2023. With its strong economy, modern infrastructure and vibrant culture, Monterrey is one of the most attractive cities in Mexico. 4, $7.1 billion). The purchasing power parity-adjusted GDP per capita is estimated to be around $35,500. 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. (adsbygoogle = window.adsbygoogle || []).push({}); As of February 20, 2023, Carlos Slim Helu was thewealthiest man in Mexico, with an estimated net worth of 90.7 billion U.S. dollars, followed byGerman Larrea Mota Velasco (No. The diversity of this tourist destination is breathtaking. Here, Read More 10 Things You Didnt Know about CEO of Knotel Amol SarvaContinue, Dara Khosrowshahi was born in Iran and migrated to the U.S. when he was 9 years old during the Iranian Revolution. Surprisingly, according to the Bloomberg Billionaires Index, Carlos Slim, a Mexican billionaire, ranks higher than Mark Zuckerberg, the inventor of Facebook (position 23). Best Medical Schools In The World For 2022.