Thats nearly 25% less than the $133 billion that Mexicos billionaires were worth last year. The richest people in Mexico. As of February 20, 2023, Carlos Slim Helu was the wealthiest man in Mexico, with an estimated net worth of 90.7 billion U.S. dollars, followed by German Larrea Mota Velasco (No. German Larrea Mota Velasco $12.8 billion, 10 Things You Didnt Know about CEO of Knotel Amol Sarva, 10 Things You Didnt Know about Dara Khosrowshahi, 10 Things You Didnt Know About Kim Reynolds, 10 Things You Didnt Know About Rahul Garg, 10 Things You Didnt Know about Austin Russell. READ MORE: Top 20 Richest Countries In the World 2023 - By GNI Per Capita. Corrales Village is one of New Mexicos wealthiest cities. At the time, he owned 80% share of the landline and controlled 70% share of the mobile market. In the following year, Slim bought the Mexican arm of Sears Roebuck.[19][17]. Position in the global list: 13. [79] Since the early 2000s to the mid-2010s, Slim has been making private real estate investments internationally beyond Mexico, particularly in Spain and the United States. His three older sons serve in key positions in the companies controlled by Slim where most are involved in the day-to-day running of Slim's business empire. When a city has a high GDP, it is more prosperous. [52], In January 2015, Grupo Carso publicly launched Claro Musica, an online music service that is a Latin American equivalent of iTunes and Spotify. The games are also broadcast on the Internet through UNO TV, offered by Telmex. The Richest People In Mexico. Reluctant Mexican consumers in his banking and retail ventures resulted in fewer sales and loans. Just over a year ago, Forbes took a snapshot of the worlds wealthiest using stock prices and exchange rates from March 18, 2020. Learn how your comment data is processed. [94] Education and health care projects have included $100 million to perform 50,000 cataract surgeries in Peru. 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. A mere 26.2 percent of Wyoming adults have a bachelors degree. "America Movil Fined $128 Million by Mexican Telecoms Operator. Chile, according to official statistics, is the richest country in South America, with extremely high living standards as well as an economically prosperous economy. The richest state in Mexico is Baja California, or Baja California Norte, the country's 12th largest state. 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. Also excluded -- but noted in the accompanying story -- are carpetbaggers like media baron Ted Turner, the state's largest individual landowner. In 2015, together with a business partner, Carlos Slim (the wealthiest man in Mexico), they did an IPO of their construction conglomerate, Elementia. This 80-year old Mexican is a self-made billionaire. [100], Slim has been Chair of the Council for the Restoration of the Historic Downtown of Mexico City since 2001. The states of Mexico, Jalisco and Guanajuato were also found to be among the wealthiest in the country, with GDP per capita of $14,532, $13,209 and $12,532 respectively. ", Statista. [84][5][7], According to Celso Garrido, economist at the Universidad Nacional Autnoma de Mxico, Slim's domination of Mexico's conglomerates prevents the growth of smaller companies, resulting in a shortage of paying jobs, forcing many Mexicans to seek better lives in the U.S.[85], Slim was criticized by the Dutch minister of economic affairs, Henk Kamp, in 2013 for attempting to expand his telecommunications empire beyond the Americas by Amrica Mvil's buy-out offer to KPN, a Dutch landline and mobile telecommunications operator. Labor representatives boycotted attending the OIAG supervisory board meeting for 12 hours criticizing lack of explicit job guarantees. The supermarket chain, Aurrera, changed the brothers lives entirely. Check it out! Today, amid the pandemic, it sits empty. [16] At the age of 12, he made his first stock purchase, by buying shares of a Mexican bank. It is one of the most expensive cities to visit or live in in the continent, making it an ideal place to spend time. 1. Vermonts tax base is ranked 20th in the United States, making it one of the wealthiest states in the country. [31] He also acquired a 40% and 50% interest in the Mexican arms of British American Tobacco and The Hershey Company, respectively. Among those no longer in the ranking are Emilio Azcrrago Jean, who inherited control of Mexicos largest television company, Televisa, after his father passed in 1997, and David Penaloza Alanis, the CEO of listed infrastructure firm Pinfra, which his father founded in 1969. [65], On 4 August 2007, The Wall Street Journal ran a cover story profiling Slim. [19], Julian's major successful business ventures and investment undertakings became the source of considerable wealth for himself and his family. Michael Bloomberg is a billionaire businessman, publisher, and philanthropist, and a former mayor of New York City. [5] Slim is a Maronite Catholic,[60][61] and he is one of the prominent backers of Legion of Christ, a Roman Catholic religious institute. Beckmann Vidal, a descendant of Don Jose Antonio de Cuervo, owns the majority of Jose Cuervo tequila maker Becle. To help people make the right choices, in accordance with their needs, KnowInsiders would like to list the Top 10 most famous door lock brands for your reference and comparison. Fernando Chico Pardo, whose largest asset is airport operator Grupo Aeroportuario del Sureste, and brothers Jose and Francisco Jose Calderon Rojas, shareholders of Coca-Cola bottler and convenience store company FEMSA, also fell out of the rankings. With Bernard Marcus being the richest person in Georgia, here is the top 18 richest and wealthiest billionaires in this state, according to Forbes. She's a California native who grew up in the Central Valley. These states have large populations and a variety of industries that contribute to their overall wealth. [54], Slim's father, Khalil Salim Haddad Aglamaz, was born on 17 July 1888[55] in Jezzine, Lebanon (then part of the Ottoman Empire). Astrologers predicted that things will improve after the second week. Juan Francisco Beckmann Vidal, the heir to Jose Cuervo, and his family are majority owners of Becle, which is a leader in adult beverages. How does . today Mexico has 13 billionaires, in this video, we share with you the list of the top richest people in Mexico ?. These are Mexicos internal factors. Best known for co-founding Google, American business magnate Larry Page is the eighth-richest person in the world in 2023 with a wealth of $84.7 billion (Rs 7 lakh 92 thousand crore), according to . This compensation may impact how and where listings appear. Mexico City offers a wide variety of cultural attractions, as well as a bustling nightlife scene. Most of the people living in Sonora are employed in the industry and tourism sector. . In New York City, there are 3 trillion dollars in private wealth. Though his fortune has grown, hes fallen to 16th richest person in the world, from No. [53], On April 15, 2015, Slim formed oil company Carso Oil & Gas. 2, $23.4 billion), Ricardo Salinas Pliego (No. Now the president-elect says he's 'wonderful', "Mexico's Carlos Slim Joins Ranks of World's Biggest Philanthropists", "From Azim Premji to Carlos Slim: The World's Most Generous Billionaires Outside Of The U.S.", "Slim: el Museo Soumaya Plaza Carso, para acercar el arte a quienes no pueden viajar", "F1: Sauber Signs Perez, Sponsor Telmex For 2011", "Motor racing-Mexico's Perez to race for Sauber", Hillary Clinton Follows Christie to Mexico for Carlos Slim Event, "Inauguration of Marian Plaza in the Basilica of Guadeloupe- Mexico", "Golden Plate Awardees of the American Academy of Achievement", "10.12.11 Galas, Appeals, and Children's Rights", Honorary Doctorate in Public Service by George Washington University, https://en.wikipedia.org/w/index.php?title=Carlos_Slim&oldid=1140054184, Mexican businesspeople in the oil industry, Mexican telecommunications industry businesspeople, National Autonomous University of Mexico alumni, Recipients of the National Order of the Cedar, Pages with non-numeric formatnum arguments, Pages containing links to subscription-only content, Articles with dead external links from June 2016, Articles with dead external links from August 2022, Wikipedia pending changes protected pages, Wikipedia articles that are excessively detailed from November 2020, All articles that are excessively detailed, Wikipedia articles with style issues from November 2020, Articles with unsourced statements from October 2020, Articles lacking reliable references from April 2011, Articles with unsourced statements from September 2022, Pages using Sister project links with wikidata namespace mismatch, Pages using Sister project links with hidden wikidata, Pages using Sister project links with default search, Creative Commons Attribution-ShareAlike License 3.0, Entrepreneurial Merit Medal of Honor in 1985 from Mexico's, Fundacion Telmex received in 2007 the National Sports Prize of Mexico for sports promotion, In 2008, his philanthropy was recognized with the award of, On 20 May 2012, Slim was awarded an honorary doctorate in public service from, The New York Times Syndicate & News Service, This page was last edited on 18 February 2023, at 05:27. 18 Richest People - Billionaires in Georgia, USA, 10 Interesting Greetings from Around the World, Top 10 Door Lock Brands With the Most Security in the World, Top 10 Greatest and Famous LOVE STORIES in The World, Top 10 Most Largest US Colleges & Universities - by Enrollment, Subscribers, 15 Most Popular Online Courses of the U.S Top Universities 2023/2024, March 2023 Monthly Horoscope of 12 Zodiac Signs - Astrological Prediction, Top Best Hospitals for Citizens and Visitors, Daily Horoscope: Best Prediction for 12 Zodiac Signs, Most Auspicious Dates and Days In Every Month of 2023 To Do Everything, Unique Life Lesson to Remember - No School Teach You, Top 10 Most Intelligent Talking Birds in The World, Luckiest Day of Each Zodiac Sign in This Week, March 6-12, 2023, Top 10 Most Beautiful School Uniforms in The World, The Unexpected Luck of 12 Zodiac Signs in March 2023, According to Astrology, Top 5 Most Attractive Female Zodiac Signs At Work, LEO MONTHLY HOROSCOPE In MAY 2023 - Best Astrological Prediction, CANCER MONTHLY HOROSCOPE In MAY 2023 - Best Astrological Prediction. Carlos Slim Helu Appearing at the top 5 richest persons worldwide list, Carlos Slim has a net worth of $62.4 billion at the age of 79. Carlos Hank Gonzalez was mayor, cabinet secretary and governor at the highlights of his career. Carlos Slim owns Amrica Mvil (AMX), whose telecom operations reach 25 countries. Karen Virginia Beckmann Legoretta ($2.7 billion) occupied the 9th position among the top 10 wealthiest people in Mexico. As of the end of 2021, there are 13 billionaires in Mexico. The wealthy also have a presence in other major cities like Monterrey and Guadalajara, as . In subsequent years, the company made further investments across Latin America, with companies in Colombia, Nicaragua, Peru, Chile, Honduras, and El Salvador, well as a joint venture with the American software house, Microsoft called Tlmsn, a Spanish-language web portal. All of Mexico's billionaires reside in Mexico's capital, Mexico City. Furthermore, all of these countries have low levels of corruption, making them some of the most stable and prosperous places in Latin America to live. [9] At the age of 17, he earned 200 pesos a week working for his father's company. He is notable because he is someone in his 20s who has nonetheless managed to become a billionaire. Initially started by his late father, the family empire now includes a basket of publicly traded stocks that includes stakes in department store chain Palacio de Hierro, insurance company Grupo Nacional Provincial and pension fund manager Grupo Profuturo. [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. The state of Sonora is considered one of Mexico's wealthiest states with a GDP per capita higher than average by about 15%. Some of their well-performing brands include El Porton, VIPs, Suburbia, Superama. [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. Germn Larrea Mota Velasco is the Chairman and CEO of Grupo Mxico S.A.B. 1. 2, $26.2 billion), Ricardo Salinas Pliego (No. [19] During the same year, Slim underwent heart surgery and subsequently passed on much of his day-to-day corporate involvement to his children and their spouses. Choose the best day to do big work. Carlos Slim Helu - $77.1 Billion. School uniform is one of the universally popular costumes, exclusively for students at all levels from kindergarten to high school. His TV broadcaster TV Azteca has seen revenues decline; its market capitalization is a tiny fraction of what it was a decade ago. Table of Contents show 10. They are often used for racing, working in the fields, herding sheep or pulling carts. de C.V. (FEMSA) (FMX), a beverage production, distribution, and marketing company. Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. 2, $27.0 billion), Ricardo Salinas Pliego (No. [40] Slim's stake in the Times increased again to 16.8% of the company's Class A shares on 20 January 2015 when he exercised stock options to purchase 15.9 million shares, making him the largest shareholder in the company. However, just like El Chapo finally lost his freedom, most of the drugs dealing tycoons are losing everything. [3], In December 2012, according to the Bloomberg Billionaires Index, Carlos Slim Hel remained the world's richest person with an estimated net worth of US$75.5billion. With his conglomerate Grupo Carso, he acquired Telmex, a landline telephone operator from the Mexican government. Many of them are eager to avoid New Mexico's relatively high taxes on personal income and gross service business receipts, anyway. "Mexico's Richest Billionaires 2021. Last year the richest woman in Mexico, then worth $6.7 billion, was Eva Gonda de Rivera, the widow of former FEMSA chairman Eugenio Garza Lagera. Though there were no billionaire newcomers from Mexico this year, the shifting market did give rise to a new richest woman in the country. His business acumen is exemplary, but an underperforming Mexican economy has hindered his financial growth. Forbes. She also owns a minority stake in fashion line Tory Burch. However, falling consumption and higher taxes on soft drinks hampered FEMSA's sales. [3], In 2017, his net worth was reported to be $54.5 billion. 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. In 2018, regulators fined the company $128 million for violations of antitrust laws. Since 2006, IDEAL won three infrastructure contracts yet it faces stiff competition from a number of other Mexican and Spanish construction companies.[7][37]. Per capita income is one of the most valuable factors in determining the city of Monterreys prosperity. Mexico: people living in extreme poverty 2014-2020, by ethnicity ; Carlos Slim Helu 2. On 11 March 2009, Forbes ranked Slim as the world's third-richest person, behind Gates and Buffett and ahead of Larry Ellison. Carlos Slim Hel (interests in the telecommunications, industrial . [19] Telmex sponsored the Sauber F1 team for the 2011 season. However, she is not self-made; she inherited stakes in FEMSA. He had a good foundation that was deeply anchored in his fathers successful political career. Guadalajara, MX. In 2020 alone, the peso has fallen more than 25%. 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. Baillres also serves on the board of Fomento Econmico Mexicano, S.A.B. 9. Buenos Aires and Sao Paulo are far superior cities in terms of cosmopolitanism, influence, and quality of life, but Uruguays Montevideo is one of the most influential cities in the country. He successfully pursued an engineering degree from the Universidad National Autonoma de Mexico. Streams of knowledge everyone should know, Copyright@2020 KnowInsiders. I don't want to live thinking about how I'll be remembered [by Mexican people]," claiming indifference about his position on Forbes list of the world's richest people. How many billionaires in the Philippines? Maria Asuncion is currently the second richest woman in Mexico. Dubai is also the worlds busiest international airport, with over 22 million passengers per year. Yes, there are indeed wealthy places in Mexico. According to the Bloomberg Billionaires Index, Slims wealth increased by $7.2 billion to $78.2 billion as of June 2022, making him the richest man in Latin America. Juan Domingo Beckmann Legorreta ranked 6th with a personal wealth of $4.4 billion, followed by Rufino Vigil Gonzalez with $3.6 billion. Slim spent US$13million to acquire the Mexican insurance agency Seguros de Mxico in 1984, and later subsumed the company into the firm, Seguros Inbursa. He was worth $9.9 billion in 2012, but that wealth since plummeted to $7.8 billion. Most frequently, the authors make the case that the lack of good credit markets, distortion of the supply of non-traded inputs, and perverse incentives for informality all contribute to a decline in productivity. Where do the rich and famous hangout? The 10 Richest People in Mexico in 2022. Pliegos fortunes suffered due to depressed consumer spending, but a stronger Mexican peso, nonetheless, increased his net worth by $1.2 billion in 2020. He got nearly $500 million in 2017 when he sold his Grupo Financiero Interacciones to Grupo Banorte, the Monterrey-based bank founded by his wifes father, the late billionaire Roberto Gonzalez Barrera (d. 2012). A report that was released by the new company listed its assets at 3.5billion pesos (approximately US$230million), placed within 17.7million shares. (adsbygoogle = window.adsbygoogle || []).push({}); As of February 12, 2023, Carlos Slim Helu was thewealthiest man in Mexico, with an estimated net worth of 88.6 billion U.S. dollars, followed byGerman Larrea Mota Velasco (No. The Slim Domit family is the richest family in Mexico, which is largely attributed to Carlos Slim Helu's fortune. ", Market Screener. 16 richest on Forbes 2021 list, down from No. Now the sole Mexican woman on the billionaire rankings, Asuncin Aramburuzabala inherited a stake in beer giant Grupo Model from her father before its $20 billion sale to Anheuser-Busch InBev in 2013. Germn Larrea Mota Velasco 3. How Ali Wong Achieved a Net Worth of $3 Million, Eight Reasons to go to French Polynesias Marquesas Islands, How Lisa Rinna Achieved a Net Worth of $10 Million, 20 Cities with The Worst Weather in Europe. [19], Slim earned windfall profits in the early 1990s when Mexican government began privatizing its telecom industry. [21] On December 8, 2007, Grupo Carso announced that the remaining 103 CompUSA retail stores would be either liquidated or sold, bringing an end to the struggling company,[38] although the information technology division of CompUSA continued under the name Telvista with various U.S. locations in Dallas, Texas (U.S. Corporate Office) and Danville, Virginia. America Movil now controls a 21.1 percent stake of KPN with a market value of 3.1billion euros as of 20 May 2015. The Polanco area, also known as the Beverly Hills of Mexico, is home to one of the countrys largest concentrations of luxury shopping. [33] In high school, Slim's favorite subjects were history, cosmography, and mathematics. Larrea owns the majority of copper mining company Grupo Mxico, whose shares more than doubled in value in the past year, helping to boost his fortune from $11 billion last year. 1. In 1999, Slim began expanding his business interests beyond Latin America. 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.

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