She, with her mother and sister, inherited a stake in beer . Maria Asuncion is the first woman in the list of the wealthiest people in Mexico with the net worth of $5.6 Billion. [95], Established in 1986, Fundacin Carlos Slim[es] sponsors the Museo Soumaya in Mexico City, named after Slim's late wife, Soumaya Domit, opened 2011. His networth dropped from $16.5 billion in 2012 to $9.9 billion due to the decline of metal prices in a slowed down global economy. Cuenca, a university town, also has beautiful cathedrals and national parks. Baillres also serves on the board of Fomento Econmico Mexicano, S.A.B. "Alberto Bailleres Gonzalez & Family. After graduating from university in 1961, Slim began his business career by starting off as a stock trader in Mexico, often working 14-hour days. Arango even bought into Walmart. He was not the son of a rich man, and he hustled hard to reach his status. Now, Carlos Hank Rhon is worth 2.1 billion dollars. [53], On April 15, 2015, Slim formed oil company Carso Oil & Gas. He successfully pursued an engineering degree from the Universidad National Autonoma de Mexico. The reason why these places are considered to be wealthy is because they have a high concentration of millionaires and billionaires. Some of these places include the city of Monterrey, which is considered to be the wealthiest city in Mexico. Carlos even got himself another billionaires daughter for a wife. Vermonts tax base is ranked 20th in the United States, making it one of the wealthiest states in the country. Michael Bloomberg is a billionaire businessman, publisher, and philanthropist, and a former mayor of New York City. 2. Carlos Slim owns Amrica Mvil (AMX), whose telecom operations reach 25 countries. In addition to the coastal areas, the city of Mexico City is also a popular destination for the rich and famous. 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. Alberto Baillres owns Grupo BAL, an enormous conglomerate that includes Peoles, a major mining company, and El Palacio de Hierro, an upscale chain of department stores. [33], Amrica Telecom, the holding company for Amrica Mvil, was incorporated in 2000. Who is the richest man in Sout Africa? In comparison to the national average, the median household income in the state is $62,488. This changed in the wake of new Mexican laws forbidding companies from monopolizing more than 50% of either subsector. A descendant of Don Jose Antonio de Cuervo, Beckmann today owns 85% of the world's largest tequila producer and Jose Cuervo maker, Becle. He is CEO of toll road company Promotora y Operadora de Infraestructura, known as Pinfra, and owns about 29% of the stock. As of March 2023, the richest person in New Mexico is Maloof Brothers. Carlos Slim Helu 2. [16] At the age of 12, he made his first stock purchase, by buying shares of a Mexican bank. Good luck! [21] The value of his stake in Seguros eventually became worth US$1.5billion by 2007, after four spinoffs. Ecuadorean President O.P.B.Cenca is in Cuenca. A Bloomberg analysis of the use of primary private planes among some of the richest people in the world finds that Musk comes out on top. Many of these corporate acquisitions were financed by the revenues and cash flows from Cigatam, a tobacco distributor which he purchased early in during the early 1980s Mexican economic downturn. 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. 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 average cost of purchasing a home in the state is $244,500. Here are that country's top five wealthiest individuals, along with itemized descriptions of their net worths, their wealth rankings in Mexico, their global wealth rankings, plus descriptions of the sectors in which they earned or inherited their astonishing fortunes. ", The Mazatlan Post. 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. [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. As of February 12, 2023, Carlos Slim Helu was the wealthiest man in Mexico, with an estimated net worth of 88.6 billion U.S. dollars, followed by German Larrea Mota Velasco (No. and received business lessons from his father, who taught him finance, management and accounting, teaching him how to analyze, interpret, and read financial statements as well as the importance of keeping accurate financial records. Concurrently, Slim established Carso Infraestructura y Construccin, S. A. [101], In 2011, he, along with the president of Mexico, Mexico City mayor, and Mexico City archbishop, inaugurated the first phase of Plaza Mariana close to Basilica de Guadalupe. The post below presents a list on the richest in the country. They are not only beautiful but also confidently complete all tasks. Others made their fortunes in mining, finance, and retail. Based on MasterCMS Ultimate Edition v2.9 2020, Top 10 Most Beautiful Mexican Actresses - Updated, Top 8 Most Handsome Men in Mexico - Updated. ompounded by the crippling economic effects of the coronavirus pandemic in February and March, an already tumultuous year for Latin Americas second-largest economy erased billions from the fortunes of Mexicos richest citizenswith most of the fallout happening in mere weeks. [19] Slim has six children: Carlos, Marco Antonio, Patrick, Soumaya, Vanessa, and Johanna. He acquired large blocks of Denny's and Firestone Tires. Silicon Valley is an area in Northern California that is home to a large number of innovative technology companies. Knowinsiders.com's astrologer ranks the Top 5 most attractive female zodiac signs in the workplace. The city of Los Angeles in California generates an annual GDP of $789.7 billion. This resort is not only one of the most luxurious places in the world to go on vacation, but it also hosts world-famous celebrities such as Brad Pitt and Angelina Jolie. Shares of his airport management firm Grupo Aeroportuario del Sureste plunged dramatically in early March 2020 but nearly doubled in value since then. [1][2][7][8] He accounts for 40% of the listings on the Mexican Stock Exchange,[7] while his net worth is equivalent to about 6% of Mexico's gross domestic product. Televisa shares have tumbled more than 50% since late February; Pinfra shares are down nearly 30% over the same period. [19], Slim earned windfall profits in the early 1990s when Mexican government began privatizing its telecom industry. How does . 4, $6.2 billion). Eva is one of the few Mexican billionaires whove increased their net worths since 2012. However, he had acquired enough prerequisite learning and attitude adjustment. 6. He is now worth 3.1 billion dollars. The Richest People In Mexico. She is one of the famous businesswomen in Mexico. [3], In 2017, his net worth was reported to be $54.5 billion. Slim has once again surpassed Warren Buffett as the worlds wealthiest person. [102] The complex, whose construction was funded by Slim, includes an evangelization center, museum, columbarium, health center, and market.[103]. His excellent managerial and administrative skills were further sharpened at Business Institute of Madrid where he earned a Masters degree. 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. 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. 1. Promotora plans to use the funds to ramp up energy and infrastructure investments across the country. She, with her mother and sister, inherited a stake in beer giant Grupo Modelo by her father. He has said he has no interest in becoming the world's richest person. Chile, according to official statistics, is the richest country in South America, with extremely high living standards as well as an economically prosperous economy. 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. Most of his fortune lies in his stake in Grupo Elektra, a publicly-traded home appliances retailer that targets lower middle class consumers who borrow money from his banking arm, Banco Azteca, to buy items like refrigerators and TVs. 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. (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. As a result, it has the second lowest poverty rate of any state, with a rate of just 9.7 percent. Rent in Buenos Aires, according to Rentista, is around $900 per month, which is quite steep in Latin America. Apartments in this city typically cost at least $1,000 per month, with food and entertainment accounting for another $300. He purchased all or a sizeable percentage of numerous Mexican businesses at significant discounts, including Empresas Frisco, a mining concessionary and chemical maker, Industrias Nacobre, a copper manufacturer, Reynolds Aluminio, a Mexican aluminum concern, Compaa Hulera Euzkadi (Mexico's largest tire maker), and Bimex hotels, a hotel chain. Yes, there are indeed wealthy places in Mexico. Becle S.A.B. Maloof Brothers lives in New Mexico. How he . Popular Stories Right now. prerequisite learning and attitude adjustment. Corrales Village is one of New Mexicos wealthiest cities. Investopedia does not include all offers available in the marketplace. today Mexico has 13 billionaires, in this video, we share with you the list of the top richest people in Mexico ?. 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%. Celebrity jet-setters, championship golfers, US party boys and girls, families, and anyone interested in living luxuriously along the Pacific Ocean are just a few of the celebrities who call Cabo San Lucas home. ", "Bloomberg Billionaires Index: Carlos Slim", "Why Mexican Billionaire Carlos Slim Made a Secret Visit to India", "Mexican mogul Carlos Slim got his big break in sell-off of national telephone firm", "Carlos Slim: At home with the world's richest man", "What Education Do You Need To Become A Billionaire? (CICSA) as a non-profit construction and engineering firm within Grupo Carso. Upon immigrating to Mexico, her parents founded one of the first Arabic-language magazines for the Lebanese-Mexican community, using a printing press they had brought with them. Lynch is the legendary former manager of the Magellan Fund. In North Dakota, the median house price is $201,500, making owning a home more expensive. As public markets in Mexico roiled, several magnates lost their billionaire status. 2, $26.2 billion),Ricardo Salinas Pliego (No. [99] Telmex donated at least $1 million to the Clinton Foundation. 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. She's a California native who grew up in the Central Valley. 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. The country does not get the credit it deserves in most peoples minds. He started a successful supermarket chain with his younger brothers at the age of 33 years. Best Medical Schools In The World For 2022. ", The World Bank. NEW MEXICO (KRQE) - Forbes 35th annual billionaire list says a New Mexico . The 10 Richest People in Mexico in 2022. [3], On 10 March 2010, Forbes once again reported that Slim had overtaken Gates as the world's richest person, with a net worth of US$53.5billion. [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. The Beckmann family still owns more than 85% of Becle, which has a market capitalization of $8.65 billion as of April 1, 2022, and a commanding share in the adult beverages market. Slim had acquired a 27.51% stake in the company in June 2008, which represented 6.6% of Sinca's investment portfolio. The state had a poverty rate of 29.1% in 2012. The Polanco area, also known as the Beverly Hills of Mexico, is home to one of the countrys largest concentrations of luxury shopping. The median home value in California is $449,100, making it difficult for those with an average income to afford a home. The Worlds Best Universities For Doctor of Business Administration (DBA), 2022. 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). However, falling consumption and higher taxes on soft drinks hampered FEMSA's sales. However, Sarva should be best-known to a lot of people for being the CEO of Knotel. For some weird reason, Mexicos elite hasnt been performing as well financially as its middle class. He got close to $500 million in October 2017 when he sold his Grupo Financiero Interacciones to Grupo Banorte, the Monterrey-based bank founded by his wifes father. Others made their fortunes in mining, finance, and retail. ", Forbes. His TV broadcaster TV Azteca has seen revenues decline; its market capitalization is a tiny fraction of what it was a decade ago. 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. [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. A weaker Mexican peso and a slide in the shares of Slims biggest holding, telecom giant Amrica Mvil, pushed his net worth down $12 billion compared to 2019. In the rise of his wealth, the Business magnate has engaged in the formation of several companies. Rio de Janeiro has a strong and dynamic economy that has a GDP of 190 billion US dollars, making it one of Brazils most powerful cities. These countries economies are growing at a healthy rate. Below are the richest people in New Mexico. Chico Pardo returns to the ranks after falling off in 2020. Just like the two richest women in Mexico, he holds a Bachelors degree in Arts and Science. In December 2013, Slim's private equity fund, Sinca Inbursa, sold its stake in the Mexican pharmaceutical company Landsteiner Scientific. [18] He went on to study civil engineering at the National Autonomous University of Mexico, where he also concurrently taught algebra and linear programming. The offers that appear in this table are from partnerships from which Investopedia receives compensation. She also owns a minority stake in fashion line Tory Burch. de C.V. (GMEXICOB.MX), Mexico's largest mining and infrastructure company, which also owns the largest railroad company in Mexico. 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. Per capita income is one of the most valuable factors in determining the city of Monterreys prosperity. Just over a year ago, Forbes took a snapshot of the worlds wealthiest using stock prices and exchange rates from March 18, 2020. 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. The following are ten of Mexico's richest men in 2019. Also excluded -- but noted in the accompanying story -- are carpetbaggers like media baron Ted Turner, the state's largest individual landowner. If you are looking for a place to live in Mexico that is wealthy, then you should definitely consider one of these places. Stock prices had tumbled as well. Most of the people living in Sonora are employed in the industry and tourism sector. Top 20 Richest Countries In the World 2023 - By GNI Per Capita. He also licensed the Saks name and opened the Mexican arm of Saks Fifth Avenue retailer in Santa Fe, Mexico. Slim's wealth is the equivalent of roughly 5% of Mexico's annual economic output. In addition, they also have a high standard of living. READ MORE: The Full List of Indian Billionaires In 2023 - Who Are Top 10 Richest People In India? Dubai has become one of the worlds wealthiest cities, owing in part to its status as a free market state. [59], In his office, Slim does not have a computer, and instead keeps all his financial data in hand-written notebooks. 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. 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.