Germán Larrea Mota Velasco net worth

Net Worth

Net Worth: $29.7 billion Multi-Billionaire
$29.7 billion
$10B $32.5B $55B $77.5B $100B

Wealth Tier: Multi-Billionaire

Net worth between $10 billion and $100 billion

Annual Income

$50,000,000 per year, primarily from Grupo México dividends

Net Worth Timeline

2022: $25,000,000,000, 2023: $28,000,000,000, 2024: $29,700,000,000

Germán Larrea Mota Velasco's Biography

Germán Larrea Mota Velasco is one of Mexico's most influential and wealthiest business magnates. As the CEO and principal owner of Grupo México, Larrea has played a pivotal role in transforming the company into Latin America's largest mining corporation and one of the world's leading copper producers. Born on July 8, 1953, Larrea is known for his reserved personality and his preference for keeping a low public profile, earning him the nickname 'El Minero.' Under his leadership, Grupo México has expanded its operations internationally, with interests in mining, transportation, and infrastructure. Despite facing controversies related to environmental and labor issues, Larrea's strategic acumen has been instrumental in driving the company's growth and profitability. His estimated net worth in 2024 stands at nearly $30 billion, reflecting his impact on the mining industry and broader Mexican economy. Larrea is also known as an avid art collector and is considered one of the most powerful figures in Mexico's corporate landscape. His success story is a testament to vision, perseverance, and the ability to navigate complex business environments.

Wealth in Perspective

Fun Fact

Rarely appears in public or media, maintaining an extremely private lifestyle.

Full Name

Germán Larrea Mota Velasco

Nickname

El Minero

Nationality

Mexican

Birthday

July 08, 1953

Age

72

Zodiac Sign

Cancer

Height

5'10" (178 cm)

Weight

187 lbs (85.0 kg)

Marital Status

Married

Spouse

Unknown

Children

2

Education

Universidad Anáhuac México

Famous For

Owner and CEO of Grupo México, the largest mining corporation in Mexico

First Big Break

Acquiring and expanding Grupo México in the 1990s

Social Media

None

Businesses Owned

Grupo México, Southern Copper Corporation, Infrastructure and transportation companies

Awards

None publicly known

Category

Business

Controversies

Environmental concerns and labor disputes linked to Grupo México

Hobbies

Art collecting

Interests

Mining, business growth, philanthropy

Quote

Success comes from perseverance and vision.

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