Germán Larrea Mota Velasco
Germán Larrea Mota Velasco
Germán Larrea Mota Velasco stands out as a renowned business magnate from Mexico and ranks among the country's most affluent individuals. Born in Mexico City on July 8, 1949, Larrea heads Grupo México, an influential mining and transportation conglomerate, a legacy passed down from his father, Jorge Larrea Ortega. Under Larrea's stewardship, the company has expanded its footprint, establishing a prominent presence in countries like Mexico, Peru, and the U.S., making it one of the global leaders in the mining sector.
After graduating in economics from Universidad Anáhuac, Larrea embarked on his professional journey with Grupo México in 1971. His career trajectory saw him climb the corporate ladder, commencing as a finance director's aide and ultimately securing the CEO position by 1994.
With Larrea at the helm, Grupo México branched out from its core mining operations, venturing into the realms of transportation and infrastructure. Today, the company boasts a network of railways in both Mexico and the U.S., alongside port and terminal operations in these nations.
Apart from his corporate accomplishments, Larrea is recognized for his charitable endeavors. In 1993, he set up the Fundación Grupo México, aiming to bolster educational, health, and social equity initiatives throughout Mexico. Over the years, the foundation's endeavors have culminated in the establishment of schools, hospitals, and homes for the underprivileged.
Beyond his commitments to Grupo México and Fundación Grupo México, Larrea is affiliated with various esteemed institutions, such as the Mexican Business Council and the Mexican Institute of Finance Executives.
Forbes' 2021 assessment pegs Germán Larrea Mota Velasco's wealth at an impressive $17.7 billion, positioning him among the global elite in terms of affluence. His business acumen, combined with his philanthropic pursuits, cements his status as a pivotal figure in the Mexican societal landscape.