German Larrea Mota Velasco Net Worth

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German Larrea Mota Velasco, born in Mexico City in 1941, is the majority owner of Grupo Mexico, the largest mining and infrastructure company in Mexico. The company has three main units: Americas Mining Corporation, Infraestructura y Transportes México, and a 16% stake in Grupo Aeroportuario del Pacífico. In 2014, the company faced scrutiny after a toxic spill at its largest copper mine contaminated two rivers nearby, and the company agreed to deposit $150 million in a trust to compensate local residents.
German Larrea Mota Velasco is a member of Metals & Mining

Age, Biography and Wiki

Birth Day	July 08, 1941
Birth Place	Mexico City, Mexico, Mexico
Age	81 YEARS OLD
Birth Sign	Leo
Occupation	CEO, Grupo México

💰 Net worth: $26.6 Billion (2024)

German Larrea Mota Velasco, a prominent figure in the metals and mining industry in Mexico, is currently estimated to have a net worth of $26.6 billion as of 2024. Larrea has made significant strides in the sector, overseeing Grupo Mexico, a leading mining company in the country. With his leadership, the company has expanded exponentially, contributing to Larrea's immense wealth. As the mining industry continues to thrive, German Larrea Mota Velasco remains a key player, garnering both recognition and wealth in his field.

2009 $2.6 Billion

2010 $9.7 Billion

2011 $16 Billion

2012 $14.2 Billion

2013 $16.7 Billion

2014 $14.7 Billion

2015 $13.9 Billion

2016 $9.2 Billion

2017 $13.8 Billion

2018 $17.89 Billion

Biography/Timeline

1978

He founded Grupo Impresa, a printing and publishing company in 1978, remaining as the chairman and CEO until 1989, when the company was sold. He is also a Director of Banco Nacional de Mexico, which forms part of Grupo Financiero Banamex, Consejo Mexicano de Hombres de Negocios, and Grupo Televisa.

1994

Mota-Velasco has been chairman, President and CEO of Grupo Mexico since 1994. He was previously executive vice chairman of Grupo Mexico and has been a Director since 1981.

1999

He has served as chairman of the Southern Copper Corporation since December 1999, CEO from December 1999 to October 2004, and as a Director since November 1999. He has been chairman and CEO of Grupo Ferroviario Mexicano since 1997. He has been chairman and CEO of Empresarios Industriales de Mexico, Compania Perforadora Mexico, Mexico Compania Constructora, and Fondo Inmobiliario since 1992.