Who is Alberto Bailleres?
He is owner of one the largest mining companies in the world. He was born in August 1931, in Mexico City. He is the 3rd richest man in Mexico. He is married to Teresa Baillères. They have 7 children. He lives in Mexico City.
Through his private holding firm Grupo Bal he holds the shares of Industrias Peñoles, the second-largest mining company of Mexico. Penoles produces 25,000 kg of gold and 2,5 million kg of silver annually.
Worlds Largest Silver Producer
Industrias Penoles is the world’s largest silver producer. Bailleres also owns a chain of department stores: El Palacio de Hierro. It is a high-end retailer with brand names like Gucci, Louis Vuitton, Burberry, and Prada. EL Palacio de Hierro currently operates 13 stores.
The World’s Largest Coca-Cola Bottler
Further Alberto Bailleres owns a large insurance company named Grupo Nacional Provincial. Bailleres also owns shares in FEMSA, the world’s largest Coca-Cola bottler.
Alberto Bailleres Net Worth
His net worth is estimated at US$ 9 billion (Oktober 2020). That makes him the 3rd richest person in Mexico. Bailleres’ previously owned the yacht Marion Queen.
His father Raul Bailleres (1895 – 1968) was a minister in the Mexican Government and the founder of the Instituto Tecnológico Autónomo de México (ITAM), one of the most prestigious universities in Latin America.
Alberto is President of the Board of Trustees. Alberto had a brother who died in a car accident.
Bailleres is an active philanthropist donating to education and health.
Bailleres lives in a large house in Mexico City.