Who is Ricardo Salinas Pliego?
He is a Mexican billionaire and owner of Grupo Salinas. He was born in October 1955. He lives with his wife Maria Laura Medina in a large house in Mexico City. They have six children, who are active in the family’s business. Their daughter Ninfa Salinas Sasa is a former Mexican Senator.
He owns several of the largest companies in Mexico. Through two holding companies named Grupo Salinas and Grupo Elektra .
His companies include TV Azteca, Elektra, Grupo Lusacell, Unefon, and Banco Azteca.
Grupo Salinas began as a family-owned furniture manufacturing company called Salinas & Rocha founded in 1906 by Mr. Salinas’ great-grandfather, Benjamin Salinas.
In 1950, Mr. Salinas’ grandfather created Grupo Elektra.
When Ricardo Salinas became CEO of the company in 1987, he refocused Elektra on basic products: appliances, electronics, and furniture. Significantly, he developed at Elektra a vast new consumer market among Mexico’s lower middle income consumers by providing credit sales and diverse financial products and services.
TV Azteca is one of the world’s two largest producers of Spanish-language television programming, Grupo Lusacell is Mexico’s third-largest wireless telecommunications company, which also owns Unefon a telecommunications company.
Ricardo Salinas Pliego Net Worth
Forbes estimates his net worth at US$ 12 billion.
He is an active philanthropist. And founder of the Fundación Azteca and the Fundación Azteca America.
Both foundations focus on the (social) well-being of Hispanic communities. More than 13 million toys have also be given to children. Through the annual Juguetón (“Toy marathon”).