MEXICO BILLIONAIRES LIST Carlos slim Helu & family: $78.0 billion German Larrea Mota Velasco & family: $23.5 billion Ricardo Salinas Pliego & family: $10.9 billion Maria Asuncion Aramburuzabala & family: $6.2 billion Alejandro Bailleres Gual & Siblings: $5.7 billion Juan Domingo Beckmann Legorreta & family: $3.8 billion Some of his most profitable companies include: Antonios most profitable financial move was selling his stakes at different banks to buy controlling shares at Mexichem. Doa Eva has five daughters and one of them:Eva Mara Garza Lagera is married to Jos Antonio El Diablo Fernndez, president of FEMSA. As of June 27, 2023, with a net worth of roughly $225.6 billion, Bernard Arnault is the wealthiest person in As of June 27, 2023, with a net worth of roughly $88.2 billion, LOral heiress Francoise Bettencourt Meyers is the As of June 27, 2023, Marcos Galperin was thewealthiest person in Argentina, with an estimated net worth of 4.9 billion As of June 27, 2023, Gina Rinehart was thewealthiest person in Australia, with an estimated net worth of 27.2 billion As of June 27, 2023, Mark Mateschitz was thewealthiest person in Austria, with an estimated net worth of 40.0 billion Wealthiest People in Italy (September 6, 2022), Wealthiest People in Norway (September 6, 2022), Worlds Best Hospitality & Hotel Management Schools, 2023, Best Universities For Doctor of Business Administration (DBA), 2022, International Financial Centers Ranking, 2022, Worlds Richest People (Top Billionaires, 2022), Economy Rankings: Largest countries by GDP, 2022, Countries and territories with the largest population, 2022, Top Citizenship and Residency by Investment Programs, 2022. Maria, together with her sister and her mother, created Tresalia Capital, which means three allies, as a symbol of the family union of these three. owns six of the top twelve bread brands in the U.S. Marco Antonio Achar Levy is CEO of Consorcio Comex (Comex), which manufactures, markets and distributes paints, coatings and water-proofing products in North America. One of the most quoted companies on the Stock Exchange and the sixth richest family in the country. "GDP (Current US$) - Mexico, Spain.". She also studied Art History at Universidad Anhuac. He is president of Amrica Mvil, Telmex, Grupo Carso, Grupo Sanborns and Promotora Musical. What Is the Richest Family in Mexico? . David Penaloza Alanis, CEO of toll road company Promotora y Operadora de Infraestructura, known as Pinfra, returns to the ranks after falling off in 2020. As the family owns nearly half of . It is pretty fair to assume that they deserve it. "Wealthiest People in Mexico (December 5, 2022).". The legitimate billionaires are seemingly coming back to financial growth. Elon Musk's Sister Tosca Says She's Overcharged Due to Musk Name It is one of the largest poultry producers globally. Several vessels in the vicinity of the accident were asked to help rescue around 106 migrants, which included a $175 million luxury superyacht owned by one of Mexico's wealthiest families. Soumaya Slim Domitmarried Fernando Romero and is currently vice president of the Soumaya Museum. He is in charge of the Overcoming Association for Mexico and Latin America. Arango even bought into Walmart. We present to you the Mexican families that have put our country up high and have great weight throughout the world. Grupo Bimbo, abaked goods company,was co-founded in 1945 by Lorenzo Servitje, who passed away in February of this year. According to the Bloomberg firm,Eva Gonda de Riverais one of the 400 richest people in the world. Owners of companies such as El Palacio de Hierro, Peoles, Fresnillo, GNP Seguros, Casa de Bolsa Valores Mexicanos, Tane, Financial Solutions Valmex and Profuturo, are consolidated as the third richest family in Mexico. Theyve held up Mexicos economy during its bad times, and they deserve some more financial reward. After the 2012 death of Roberto Gonzalez Barrera, who founded Gruma, a multinational corn flour and tortilla manufacturing company headquartered in northern Mexico, five of his children together became the majority owner. The Richest People In Mexico - Celebrity Net Worth - Richest Rappers . Shares of Pinfra have been on a rollercoaster ride during the past year but were worth slightly more on March 5 this year than on March 18, 2020. Monterrey is the third largest city in Mexico and among the wealthiest, boasting one of the country's highest standards of living. 16 richest on Forbes 2021 list, down from No. Lorenzo Servitjes wife was Carmen Montull, daughter of the owner of Cerillera La Central. Find out who lives near you with our celebrity finder. Back then, she was worth $6.5 billion, but she is now worth $6.8 billion. El Super has faced complaints from workers over unionizationand contract negotiations. Mara was married to businessman Paulo Patricio Zapata;He subsequently married the former US ambassador to Mexico, the Hispanic Tony Garza, with whom he only lasted five years. snack maker, with distribution in 15 U.S. eastern states. Wealthiest People in Mexico (September 6, 2022) - CEOWORLD magazine This $175 million superyacht belonging to one of Mexico's richest "Amrica Mvils Fourth Quarter of 2022 Financial and Operating Report," Page 2. The Chedraui Obeso brothers have also dabbled in politics in their native Veracruz. Mexico's Rich Families Live Lavishly but Vigilantly - Breaking News, US Carlos Slim owns Amrica Mvil (AMX), whose telecom operations reach 18 countries. He is now worth 3.1 billion dollars. The children of the tortilla entrepreneurRoberto Gonzlez, better known as Maseco, own one of the most important consumer industries in the world;They also own Banorte. We present to you the Mexican families that have put our country up high and have great weight throughout the world. The Mexican Congress. She successfully pursued a Bachelors degree in Arts and Science. El Super has faced complaints from workers over unionizationand contract negotiations. Nike founder Phil Knight is the state's richest person with a net worth of $38.6 billion. The Larrea family is the second richest family in Mexico according to Forbes magazine. Marco is 48 years old and, like his brother, has a degree in Business Administration from Universidad Anhuac. Carlos Hank Rhon ($2.7 billion) occupied the 9th position among the top 10 wealthiest people in Mexico. She is CEO of venture capital and private equity firm Tresalia Capital which has made investments in telecommunications, the internet, and construction, among other areas. Johanna Slim Domitis married to Arturo Elas Ayub;She has a degree in Preschool Education. Eduardo Garcia, author of La lista Forbes de los mexicanos ms ricos en 2017, (Forbes Mexicos list of the richest Mexicans in 2017), told me that unlike Forbes flagship The World Billionaires ranks, which focuses on individual or nuclear-family wealth, Forbes Mexico ranks include extended family fortunes. Since 2012, most of the Mexican dollar billionaires have suffered a significant reduction in their net worth. The chemical industrial power is now under the able control of his children as Antonio enjoys his retirement blissfully. After, Read More 20 Things You Didnt Know about KlarnaContinue, George Sherman is the current chief executive officer of Gamestop. Angel Losada Moreno, then 38, son of the owner of Grupo Gigante and executive vice president of the company, was, These siblings share a fortune from ownership of Grupo. Grupo Comercial Chedraui (Chedraui),a Mexicangrocery and department store chain founded in 1927, operates stores inCalifornia, Texas, Nevada and Arizonaunder the nameEl Super. Mara Asuncin Aramburuzabalais the heiress of the founder of the Grupo Modelo brewery. He manages that entire portfolio under Grupo Hermes. Mara Asuncin Aramburuzabala, who inherited a stake in beer giant Grupo Modelo from her father, is now Mexico's fifth-richest person, worth $5.6 billion. Brothers Jose and Francisco Calderon Rojas inherited their fortune from their father, who co-founded beverage and convenience store chain Fomento Economico Mexicano, known as FEMSA. The little information that can be found of Germn Larrea indicates that he is married and has at least two children, who remain in strict privacy. James Crown, a billionaire JPMorgan board member who belonged to one of the US' richest families, died in a racing crash on his 70th birthday. He owns 75% of the mining and infrastructure company of Larrea Grupo Mxico, owns Southern Copper in Peru and Asarco in the US, Infrastructure and Transportation Mexico and owns 30% Grupo Aeroportuario del Pacfico. For the 2021 list of the worlds wealthiest, Forbes used exchange rates and stock prices from March 5, 2021. List of Mexican billionaires by net worth - Wikipedia The Baillres Owners of companies such as El Palacio de Hierro, Peoles, Fresnillo, GNP Seguros, Casa de Bolsa Valores Mexicanos, Tane, Financial Solutions Valmex and Profuturo, are consolidated as the third richest family in Mexico. Longtime billionaires list member Jeronimo Arango, who cofounded retailer Cifra with his brothers and sold it to Walmart in 1997, died at age 94 in April 2020. FEMSA currently wants to reach the United States to acquire bottlers from The Bottling Investment Group, but not only that, it is estimated that the owner of the Oxxo chain adds 1,000 new stores per year until 2020. Del Valle Ruiz and his six children own 42% of chemicals firm Orbia Advance Corp., which was formerly called Mexichem. Their father, Jaime Jorba, was one of the founders of Grupo Bimbo in 1945. He is CEO of toll road company Promotora y Operadora de Infraestructura, known as Pinfra, and owns about 29% of the stock. Economy Rankings: Largest countries by GDP, 2022. List of Canadians by net worth - Wikipedia Carlos holds a Bachelors degree in Science and Arts. The Aramburuzabala are considered the queens and business pioneers in Mexico, according to Forbes occupy the sixth place in the list of the richest families in Mexico. Charles III and a godfather to Prince George the duke enjoys a relatively under-the-radar existence, overseeing his family's estate and charitable work, competing in skeet-shooting competitions . Shares of the company have risen more than 50% in the past year, lifting his fortune from $4.3 billion a year ago. Maria, together with her sister and her mother, created Tresalia Capital, which means three allies, as a symbol of the family union of these three. By that valuation, Spain is richer than Mexico. prerequisite learning and attitude adjustment. 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. Alejandro Baillres Gaul and his siblings inherited the fortune associated with the mining company built by father, Alberto Baillres Gonzalez. She is the holder of the Initial Education Program at Fundacin Slim and advisor of Grupo Sanborns. Juan Francisco married Dora Mara Legorreta de Beckmann, with whom he had 3 children. The largest commercial chain in Mexico originated in Jalapa when Lzaro Chedraui, a Lebanese immigrant opened the El Puerto de Beirut haberdashery that years later would be the Chedraui Commercial Group. There are three components to the value of an Olympic gold medal. For some weird reason, Mexicos elite hasnt been performing as well financially as its middle class. German Larrea Mota Velasco, Carlos Slim Helu and Ricardo B. Salinas Pliego. The Mayan Queen IV in the port of Kalamata. Carlos Slim Hel & family. The little information that can be found of Germn Larrea indicates that he is married and has at least two children, who remain in strict privacy. Skip to main content statista.com . The businesswoman has a 27-year-old son, Pablo Zapata, who follows in his mothers footsteps. James Crown, Billionaire JPMorgan Board Member, Died in Racing Crash He graduated from Clarion University of Pennsylvania in 2009 as an English major with a concentration in Professional Writing. New Mexico has its first billionaire - KOAT Channel 7 At an estimated $62.8 billion, hes worth $10.7 billion more than a year ago. Mexico's Richest People 2020: After Coronavirus Tanks Fortunes, Only 12 Owners of companies such as El Palacio de Hierro, Peoles, Fresnillo, GNP Seguros, Casa de Bolsa Valores Mexicanos, Tane, Financial Solutions Valmex and Profuturo, are consolidated as the third richest family in Mexico. Mukesh Ambani heads Indian conglomerate Reliance Industries Limited, a Fortune Global 500 company and the largest private sector company in India. El Super was incorporated in 1995 in California and has grown rapidly since 2004, when Chedraui raised its equity stake in the business to 66%. FEMSA currently wants to reach the United States to acquire bottlers from The Bottling Investment Group, but not only that, it is estimated that the owner of the Oxxo chain adds 1,000 new stores per year until 2020. Germn Larrea Mota Velascois a mining mogul and maintains a low profile, so much that there are few photos of him. As of April 9, 2023, Carlos Slim Helu was the wealthiest person in Mexico, with an estimated net worth of 93.4 billion U.S. dollars, followed by German Larrea Mota Velasco (No. He was worth $9.9 billion in 2012, but that wealth since plummeted to $7.8 billion. Grupo Elektra. On the other hand, are Mariano Mateo Salinas Medina, Cristbal Patricio Salinas Medina and Ricardo Emilio Salinas Medina, the small children of the CEO of Grupo Salinas. Grace Dean. The letter F. Facebook. Stock prices had tumbled as well. The businessman had eight children, one of them isDaniel Servitje, current president and CEO of Grupo Bimbo. Top 10 Wealthiest Families in the World Thus Juan Antonio Gonzlez Moreno has been CEO and head of GRUMA, which has a value of at least 5 billion dollars. The little information that can be found of Germn Larrea indicates that he is married and has at least two children, who remain in strict privacy. Forbes. Albuquerque resident Ron Corio is now New Mexico's first billionaire. This billionaire was recently richer than everyone else on earth, and he is now the third richest person globally. Learn how your comment data is processed. Map | Celebrity Net Worth Max David Michel is chairman of Liverpools board. The stronger peso also helped boost Penalozas fortune in dollar terms. "Mexicos Richest Billionaires 2021.". After graduation, he pursued graduate degrees in both Library Science and Communication. Carlos Hank Gonzalez was mayor, cabinet secretary and governor at the highlights of his career. Discover short videos related to richest families in mexico on TikTok. He was not the son of a rich man, and he hustled hard to reach his status. Mara Asuncin Aramburuzabalais the heiress of the founder of the Grupo Modelo brewery. Tresalia Capital diversifies direct investment businesses and invests in sectors with high growth potential. Language links are at the top of the page across from the title. Her husband is the one who owned a 27 percent stake in FEMSA, and Eva now manages the beverage company with the help of her son-in-law, who acts as the company CEO. 2. Teresa Baillresis the only woman heir to Don Alberto and is vice president of Grupo Palacio de Hierro SAB de CV. 3 last year, as shares of his mining firm Grupo Mexico more than doubled in value. This 80-year old Mexican is a self-made billionaire. The 25 Richest Families in the World 2022 - Bloomberg.com He is president of Grupo Inbursa and IDEAL, and he is also an advisor in Stock Market Investor and Inbursa insurance. Don Carlos marriedSoumaya Domitwith whom he had six children: Carlos, Marco Antonio, Patrick, Soumaya, Vanessa and Johanna. Shares of his airport management firm Grupo Aeroportuario del Sureste plunged dramatically in early March 2020 but nearly doubled in value since then. It indicates the ability to send an email. The businesswoman has a 27-year-old son, Pablo Zapata, who follows in his mothers footsteps. Owners of companies such as El Palacio de Hierro, Peoles, Fresnillo, GNP Seguros, Casa de Bolsa Valores Mexicanos, Tane, Financial Solutions Valmex and Profuturo, are consolidated as the third richest family in Mexico. Fernando Chico Pardo, chairman and president of airport management firm Grupo Aeroportuario del Sureste, also returns to the ranks after falling off in 2020. His sisterMarinela Servitjewas director of the Papalote Museo del Nio and received the Woman of the Year medal. Millionaires in America 2020: All 50 States Ranked | Kiplinger Fortunately, he was already familiar with the business. Muriel Siebert is considered a pioneer for women in the world of finance. Don Carlos marriedSoumaya Domitwith whom he had six children: Carlos, Marco Antonio, Patrick, Soumaya, Vanessa and Johanna. The Slim Domit family is the richest family in Mexico. He started a successful supermarket chain with his younger brothers at the age of 33 years. Comex was founded by Anchar Levys grandfather in the 1950s. Alfredo Chedraui Obeso ownsa164 foot tri-deck custom built luxury yacht named Tsumat. Roberto Jorge Gonzlez Alcal, son of which Roberto Gonzlez had out of wedlock and who was CEO of GRUMA in Mexico and Latin America, resigned in 2012 to his post after the death of his father. Yet the $2.2 million figure reflects a dip from a recent peak in 2020, when Americans said they'd need $2.6 million to be considered rich, according Charles Schwab. She continues to serve on the ABInBev board and joined the board of directors of cosmetics company Coty in December 2020. Book Reveals Identities of El Salvador's Richest Families Former Mexican official arrested in disappearance of the 43 Ayotzinapa students Mexico-based transporter Traxion acquired BBA Logistics for $10 million USD. Karen Virginia Beckmann Legorreta and Dora Mara Beckmann Legorreta own their own line of jewelry and shoes called Crane by KB and POLPO by Kar Be;while Juan Domingo Beckmann Legorreta follows in the footsteps of his father in charge of the family tequila;He is married to Laura Laviada Ten-Barroso. Carlos Slim tops Forbes' list of Mexico's richest billionaires Slim's father, Khalil Salim Haddad Aglamaz, was born on 17 July 1888 . 8 . Ninfa Salinas Sada, Benjamn Salinas Sada, and Hugo Salinas Sada are his eldest children. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. The only Mexican woman on the billionaire rankings, Aramburuzabala inherited a stake in beer giant Grupo Modelo from her father before its $20 billion sale to Anheuser-Busch InBev in 2013. He is president of Amrica Mvil, Telmex, Grupo Carso, Grupo Sanborns and Promotora Musical. With more than 224 branches throughout the Republic and with a fortune of more than two billion dollars, businessmanAntonio Chedraui Obesoand his sonJos Antonio Chedraui Eguia, are positioned within the most influential and wealthy men in our country. Maria Asuncion Aramburuzabala inherited ownership in the beer company Grupo Modelo from her father before it was sold to Anheuser-Busch InBev in 2013. The children of the tortilla entrepreneurRoberto Gonzlez, better known as Maseco, own one of the most important consumer industries in the world;They also own Banorte. German Larrea Mota Velasco $12.8 billion. This family left the U.S. for Mexico and Antigua: How much they spend Corio was ranked 2,524 on Forbes' annual list of the World's Richest People. Lorenzo Servitjes wife was Carmen Montull, daughter of the owner of Cerillera La Central. Board members of Gamestop saw, Read More 10 Things You Didnt Know About George ShermanContinue, A few years ago, wireless technology company Qualcomm announced its flagship commercial cellular modem, the Snapdragon X50. He is in charge of the Overcoming Association for Mexico and Latin America. She, her mother and sister sold beer giant Grupo Modelo for 20 billion dollars. The largest commercial chain in Mexico originated in Jalapa when Lzaro Chedraui, a Lebanese immigrant opened the El Puerto de Beirut haberdashery that years later would be the Chedraui Commercial Group. Marco is 48 years old and, like his brother, has a degree in Business Administration from Universidad Anhuac. "The 10 Richest Families in Mexico. When it comes to the outlook of tech-based industries,, Read More Peanut is a New Startup from Deliveroo co-founder and former Badoo deputy CEOContinue. Forbes has compiled a list of the richest families in America. Pablo studied Economics and Finance at the Methodist University of South Texas. These include white papers, government data, original reporting, and interviews with industry experts. With our monthly expenses at around $1,500 (USD) per month, we spent significantly less than we ever did in the U.S. All will be checked now! However, just like El Chapo finally lost his freedom, most of the drugs dealing tycoons are losing everything. 6. The fortune of Daniel Servitje is 4,200 billion dollars and has the 310 position worldwide. On the other hand, are Mariano Mateo Salinas Medina, Cristbal Patricio Salinas Medina and Ricardo Emilio Salinas Medina, the small children of the CEO of Grupo Salinas. The businessman had eight children, one of them isDaniel Servitje, current president and CEO of Grupo Bimbo. The funny thing is how illegitimate Mexican dollars billionaires have racked up plenty of wealth since 2012 through violent drug trafficking. With companies like Elektra, Salinas and Rocha, Banco Azteca and Seguros Azteca, he is a Mexican visionary who takes entrepreneurship to another level. Meet The Richest Billionaires In Latin America These siblings share a fortune from ownership of Grupo Continental, a holding company that owns and operates 46 corporations dealing with soft drinks and bottling factories for Coca-Cola Company in Mexico. 3, $10.9 billion); and Maria Asuncion Aramburuzabala(No. de C.V. (GMEXICOB.MX), Mexico's largest copper mining and infrastructure company, which also owns the largest railroad company in Mexico. Teresa Baillresis the only woman heir to Don Alberto and is vice president of Grupo Palacio de Hierro SAB de CV. At the time, he owned 80% share of the landline and controlled 70% share of the mobile market. Mexico has produced its fair share of billionaires. Patrick Slim Domitis Don Carlos third son and his wife is Mara Aramburu. He ranks No. Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Donate The X50 was a 5G modem, this meant that it had to be paired with other modems to, Read More Why Qualcomms Newest 5G Chip Is a Game ChangerContinue, With technology making its presence felt in nearly every aspect of the global economy, it is no surprise that tech-based startups are making such a splash. El Super was incorporated in 1995 in California and has grown rapidly since 2004, when Chedraui raised its equity stake in the business to 66%. That's essentially the situation in Mexico, where one of the world's richest people, Carlos Slim Hel, resides. He was the son of Carlos Snchez Navarro and Guadalupe Pen and descendant of one of the richest families in Mexico before 1867. Fourth International Arts Festival 2020 in El Rosario, Sinaloa. They relied on her to take her formerly family business to greater heights, and she did. Alberto Baillresis married to Doa Mara Teresa Gual with whom he had: Alejandro, Juan Pablo, Ral, Xavier, Mauricio, and Teresa. She still serves on the board of ABInBev, and joined the board of directors of listed cosmetics firm Coty in December 2020. The head of theRicardo Salinas Pliegofamily is an entrepreneur, CEO of Grupo Salinas and the fourth richest man in our country. The 25 Biggest Landowners in America - 24/7 Wall St. 2, $23.5 billion),Ricardo Salinas Pliego (No. Vanessa Slim Domitjoined Daniel Hajj Aboumrad in marriage. , a holding company that owns and operates 46 corporations dealing with soft drinks and bottling factories for Coca-Cola Company in Mexico. Lisa is also an editor on the Breaking News desk and oversees stories of national significance. Johanna Slim Domitis married to Arturo Elas Ayub;She has a degree in Preschool Education. Real-time data shows billionaire's net worth . The Larrea family is the second richest family in Mexico according to Forbes magazine. The 10 Richest People in Mexico - Money Inc Market Screener. Manuel Barragan Morales is chairman of Arca Continental, the second largest Coca-Cola bottler and distributor in Latin America. Meet the Duke of Westminster, UK's Richest Millennial Worth - Insider The world's richest families, and why they're so wealthy - MSN Forbes 35th Annual Worlds Billionaires List: Facts And Figures 2021, Operation Wealth Speed: What A Record Number Of New, Self-Made Billionaires Says About Capitalism, These 11 Colleges Have Produced The Most Billionaire Alumni, The Covid Billionaire Who Wants To Put Undocumented Immigrants In Americas Finest Colleges, Meet The 40 New Billionaires Who Got Rich Fighting Covid-19. ", CEOWorld. Eva was priceless to the late Eugenio Gara LAguera because of her insights and counsel. How Much Is an Olympic Gold Medal Really Worth? Carlos Slim Helu Net worth: $93 billion Wealth ranking in Mexico: 1 Global wealth ranking: 8 Sector focus: Telecommunications Carlos Slim owns Amrica Mvil ( AMX ), whose telecom operations. When he started his entrepreneurial drive, he benefited from his fathers lessons in accounting, finance and management. The city thrives as an industrial center with a global reach, an entrepreneurial powerhouse fueled by a skilled workforce and the brain trust that comes with being a major university town. He owns Grupo Salinas and Grupo Elektra. Doa Eva has five daughters and one of them:Eva Mara Garza Lagera is married to Jos Antonio El Diablo Fernndez, president of FEMSA. Thomas' experience gives him expertise in a variety of areas including investments, retirement, insurance, and financial planning. A stylized bird with an open mouth, tweeting Watch popular content from the following creators: JoseDelgado(@jydelgad0), Emil Padil(@oprah2020), Raj(@mrrjsfinest), JoseDelgado(@jydelgad0), SandyFam(@sandyfamvlog), (@baddiesakadummies), Sajairy Arroyo(@sajairyarroyo0), Berto A Palooza(@theextreme__), user51871918524(@spicycancer0 . Monterrey, Other Areas In Mexico, MEX Luxury Homes and Monterrey, Other The following is a Forbes list of Mexican billionaires is based on an annual assessment of wealth and assets compiled and published by Forbes magazine on April 17, 2017,[1] updated April 13, 2023.[2]. He is vice president of Amrica Movil and Grupo Carso;He is the commercial director of Telmex, president of Grupo Televisa and advisor of Telmex, Minera Frisco, and IDEAL. This compensation may impact how and where listings appear. Germn Larrea Mota Velascois a mining mogul and maintains a low profile, so much that there are few photos of him. Who is the richest person in California? A billionaire is an individual who has assets or a net worth of at least one billion currency units, such as dollars or euros.