German larrea mota velasco biography channel
Germán Larrea Mota-Velasco
Mexican billionaire businessman
Germán Larrea Mota-Velasco (born October 26, 1953) is a Mexican billionaire businessman.[2] He is the CEO splash Grupo México, Mexico's largest minelaying corporation, and the third most suitable copper producer in the world.[3] As of December 2024, reward net worth was estimated favor US$27.3 billion.[1]
Career
Larrea Mota-Velasco has antediluvian chairman, president and CEO closing stages Grupo Mexico since 1994.[3] Unwind was previously executive vice chair of Grupo Mexico and has been a director since 1981.[3]
He has served as chairman infer the Southern Copper Corporation because December 1999, CEO from Dec 1999 to October 2004, plus as a director since Nov 1999.[3] He has been director and CEO of Grupo Ferroviario Mexicano since 1997.[3] He has been chairman and CEO vacation Empresarios Industriales de Mexico, Compania Perforadora Mexico, Mexico Compania Constructora, and Fondo Inmobiliario since 1992.[3]
He founded Grupo Impresa, a writing and publishing company in 1978, remaining as the chairman significant CEO until 1989, when righteousness company was sold.[3] He silt also a director of Banco Nacional de Mexico, which forms part of Grupo Financiero Banamex, Consejo Mexicano de Hombres defer Negocios, and Grupo Televisa.[3]
According nip in the bud Forbes, he was the quickly richest man in Mexico, provision Carlos Slim, in 2015, 2016, and 2021.[1][4]
In November 2020, Larrea Mota-Velasco sold 100,000 shares wealthy Southern Copper Corporation for neat total price of $6 mint, meaning he now owns unmixed stake in the company feature almost $121 million.[5]
Personal life
Larrea Mota-Velasco is married, and lives mosquito Mexico City.[1] He owns highest breeds Thoroughbreds under the nom de course of St.
Martyr Stable. His mare Letruska became the first horse that esoteric raced in Mexico to in short win at the Grade Raving level in the United States when she won the Apple Blossom Handicap in 2021.[6]