Who is Bruce Grossman?
He is a shareholder at Arca Continental. Arca is a Mexican manufacturer and distributor of soft drinks. He is one of the richest men in Mexico. He was born in 1947. He is married to Elsa Ruiz Grossman.
Arca Continental is the second-largest Coca-Cola bottler in Latin America. And the third-largest in the world. Bruce’s father Burton Grossman founded Grupo Continental in 1964.
Grupo Continental grew to own 46 corporations active in Coca-Cola bottling and the trade and distribution of soft drinks, purified water, and other non-carbonated soft drinks.
Sold for US$ 2.3 Billion
In 2011 Grupo Continental merged with Embotelladoras Arca SAB, valuing Grupo Continental at USD 2.3 billion.
The Grossman family received 468 million Arca Continental shares in the merger. Which had a value of approx US$ 3 billion (in October 2015).
Bruce Grossman Net Worth
As Bruce inherited Grupo Continental together with his sister Cynthia, his net worth is estimated at USD 1.5 billion.