Alberto Bailleres Net Worth $13.7 Billion
He is the 2nd richest man in Mexico and was ranked 32nd in the record of World Billionaires. Produced Alberto Bailleres Gonzales, he owns the holding company, Grupo Bal, which commands a substantial number of businesses in Mexico with interests in trade, mining, finance, insurance, pension management, agribusiness, health and musics, Industrias Peoles or Peoles is the 2nd largest mining company in Mexico and among the whole world’s biggest silver miners with business in the Latin America. But in 2012, it didn’t do well due to lagging metal prices. El Palacio de Hierro is a chain of department stores found primarily in Mexico City. It alone manages international brands such as Hermes, Burberry, and Adolfo Dominguez among others. Grupo National Provincial is the only entirely Mexican owned insurance company with over 20% in market share. Grupo Profuturo is a pensions and annuities business. Bailleres owns a stake in coke bottler FEMSA. Adolfo is a head member of the board of ITAM, a private Ph.D.-granting university in Mexico City. At 76, he continues to be an active board member of different businesses.