MIGUEL RINCON • Net Worth $600 million • House • Yacht • Private Jet • Bio Pappel

Name:Miguel Rincon Arredondo
Net Worth:$600 million
Source of Wealth:Bio Pappel
Born:1940s
Age:
Country:Mexico
Wife:Uknown
Children:Uknown
Residence:Mexico City
Private Jet:(XA-RIN) Gulfstream G300
Yacht:Lumiere II

Who is Miguel Rincon?

He is the founder of Bio Pappel,  the largest integrated paper and packaging company in Mexico.

Bio Pappel

The company was founded in 1982. Bio Pappel operates 31 industrial plants and employs 7,938 people.  It has annual sales of $ 1.3 billion.

It is one of the largest privately-owned companies in Mexico.  It was stock listed on the Mexican Stock Exchange. The Rincon family still owns 85% of the companies’ shares. Several family members are active in the company.

Rincon Net Worth

Bio Pappel has a market capitalization of $ 700 million. The Rincon family owns 85% of the shares. So their combined net worth is around $ 600 million.

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Yacht Lumiere Owner

Miguel Rincón Arredondo


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Miguel Rincon House

Miguel Rincon Arredondo Yacht


He is the owner of the yacht Lumiere II.