Ricardo Salinas Pliego is one of the richest businessmen, and also the most controversial in Mexico. He owns a conglomerate of companies that cover various sectors with which he has accumulated a great fortune, serving above all the base of the population pyramid, giving access to financial products and services.
His particular style has also made him one of the most popular tycoons in the country. Being direct, critical and expressing his ideas without any filter. He is appreciated and also criticized in the business sector, government and also among opinion leaders.
Beyond the controversies,Who is Ricardo Salinas Pliego?? How did he make his fortune and what business does he have? Here we tell you.
Who is Ricardo Salinas Pliego?
Ricardo Benjamín Salinas Pliego is a Mexican businessman and media magnate. He was born on October 19, 1955 in Mexico City.. He is the founder and CEO of Grupo Salinas, a conglomerate of companies that includes the media, department stores, banks, and telecommunications services. Salinas Pliego is also the owner of the television network TV Azteca, the second largest in Mexico, and is one of the richest men in Mexico.with an estimated net worth of more than $11.8 billionaccording to Forbes in 2022.
What did Ricardo Salinas study?
Ricardo Salinas Pliego graduated as a public accountant with honors from Tec de Monterrey in 1977. Two years later, he completed his MBA at Tulane University in New Orleans, United States.
What companies does Ricardo Salinas Pliego manage?
Ricardo Salinas Pliego is the founder and executive president of Salinas Group, a conglomerate of companies that includes several business areas. Some of the most outstanding companies managed by Ricardo Salinas Pliego are:
- TV Azteca: It is one of the two main television networks in Mexico, with a presence in other Latin American countries.
- Elektra: It is a chain of department stores that offers financial products, electronics and household appliances.
- Banco Azteca: It is one of the main banks in Mexico, with a presence in several Latin American countries.
- Totalplay: It is a telecommunications company that offers television, internet and telephone services to homes, companies and the government.
How did Salinas Pliego get rich?
Ricardo Salinas has become wealthy through his career as a businessman and media mogul in Mexico. He began his career in the 1980s, when he was appointed import manager in 1981 and in 1987, he was promoted to general manager of the company. From there, he expanded his company and acquired several other companies, including TV Azteca, one of the two main television networks in Mexico, and founded Banco Azteca, one of the main banks in Mexico.
In addition, Salinas Pliego has known how to take advantage of market opportunities, such as the opening of the telecommunications sector in Mexico, buying companies such as Iusacell, a telecommunications company that offered mobile phone and internet services, and which it sold in 2014 to AT&T for 2.5 thousand millions of dollars
Salinas Pliego has also managed his investments well, diversifying his investment portfolio across various sectors and countries, which has allowed him to significantly increase his net worth.
In summary, Ricardo Salinas Pliego has become wealthy through his entrepreneurial acumen, business acumen, and ability to identify and seize market opportunities..
How rich is Ricardo Salinas Pliego?
Ricardo Salinas Pliego is considered one of the richest men in Mexico. According to Forbes, his net worth is estimated at more than 11.8 billion dollars in 2022. This places him as the third richest man in Mexico, only behind Carlos Slim Helú and Germán Larrea. However, it is important to mention that these figures are only estimates and may vary depending on market fluctuations and personal investments.
How much is Grupo Salinas worth?
The value of Grupo Salinas, the conglomerate of companies founded and directed by Ricardo Salinas Pliego, is difficult to determine with precision, since it is a private company and is not listed on the stock market. However, its value is estimated to be several billion dollars. The group owns several successful companies in different sectors, such as media, department stores, banks and telecommunication services.
For example, Grupo Elektra has a value of 239 billion pesos, according to its listing on the Stock Market, while TV Azteca had a market value of 2.3 billion pesos, according to its listing on the Stock Exchange.
How much does the Salinas Pliego yacht cost?
According to media information, Salinas Pliego acquired a yacht in 2021 that was named “Lady Moura”, has an estimated value of 125 million euros, has the capacity to accommodate 27 guests and a crew of 71 people.
Before he had another yacht called “Azteca”.
NOTE: This article was made with the help of ChatGPT’s artificial intelligence and was reviewed and edited by a human.
MORE NEWS:
High level Team of young journalists whose objective is to explain the most relevant business, economic and financial news. We are passionate about telling stories and believe in citizen and service journalism.