EconomyFinancialThe Top 10 within the 100 most important businessmen...

The Top 10 within the 100 most important businessmen in Mexico 2022

The economic environment left by the covid-19 pandemic was not an obstacle for the president of Grupo Bimbo to climb positions in the ranking of the 100 most important businessmen in Mexico, prepared by Expansión. And although Carlos Slim Helú and Carlos Slim Domit continue to lead the list, other businessmen such as Carlos Hank González , president of Grupo Financiero Banorte, became more relevant in the last year.

These are the 10 most important businessmen in Mexico and the way in which the .

To make the ranking of ‘The 100 Most Important Entrepreneurs in Mexico’, it was determined that the chosen ones must be Mexicans and presidents of the board of directors of the companies they represent. Its position in the list is defined by the valuation of the following aspects:

Fortune:

It is an estimate based on the shareholding in one or several companies and their market capitalization. When public information is not available, companies are compared with companies in the same sector.

Sales:

Add the total sales of the companies you control, plus the weighted sum of 10% of the sales of companies in which you serve as a board member.

Utilities:

The total of the profits of the companies he controls is added, plus the weighted sum of 10% of the profits of the companies in which he works as a member of the board.

Employees:

The total number of employees of the companies he controls is added, plus the weighted sum of 10% of the employees of companies in which he works as a member of the board.

Mexican stock exchange:

The participation of its companies in the market value accumulated by the companies that make up the IPC of the Mexican Stock Exchange is added, plus the weighted sum of 10% of the participation in the IPC of companies in which it works as a member of the tip.

Carlos Slim Helu

He is one of the 12 richest people in the world with a net worth of $68.6 billion, according to the Bloomberg Billionaires Index. He serves as president of Minera Frisco and CICSA and maintains the same position in the Expansion ranking as last year.

Carlos Slim Domit

President of América Móvil, Grupo Carso and Grupo Sanborns. In February, he assured that Telcel’s 5G network will offer a browsing speed up to 20 times faster, with less latency, access to applications will be much faster. It retains the same position as in 2021.

Jose Antonio Fernandez Carbajal

President of FEMSA and Coca-Cola Femsa. As of the first half of 2022, FEMSA’s sales grew 20.5% due to the increase in the prices of its products.

German Larrea Mota Velasco

President of Grupo México and Cinemex. The investment program for the year 2022 is 2,168 million dollars for the three different divisions (mining, transportation and infrastructure) of Grupo México.

Daniel Servitje Montull

President of Grupo Bimbo. The fortune of Servitje and his family increased by around 52% in the last year, going from 4,130 to 6,285 million dollars, according to a calculation by Expansión, based on their shareholding and the market value of their company. Despite the difficult environment, the bakery registered a strong rise in sales and profits. For this reason, it moved up one position compared to the previous year.

Alejandro Baillères Gual

President of Grupo Bal, Peñoles, Fresnillo, Palacio de Hierro, GNP, Grupo Profuturo and Valmex. After the news of the death of Alberto Baillères, on February 2, 2022, Alejandro Baillères Gual was left in charge. The businessman rose one position in relation to the 2021 ranking.

Carlos Hank Gonzalez

President of Grupo Financiero Banorte y Cerrey. Banorte has positioned itself as the main candidate to acquire Citibanamex, above other interested parties. The result will be known between the end of the year and the beginning of 2023. It rose from 9th to 5th place compared to 2021.

Armando Garza Sada

President of Alfa, Alpek and Nemak. In July, Alfa shareholders approved the spin-off of the 53.9% stake in Axtel and the creation of a new company. The new firm will be listed on the Mexican Stock Exchange as Holding Company Axte.

Antonio Valle Perochena

President of Kaluz and Grupo Financiero BX+. “Yes, there is investment in the country, but it is not enough. It is not reaching all sectors and regions so that there are opportunities for all Mexicans,” he said in September at the InterMx Expansión Summit 2022 . He moved up two positions since 2021.

Ricardo Salinas Pliego

Chairman of Grupo Salinas, Grupo Elektra, TV Azteca and Banco Azteca. According to data from the Bloomberg Billionaires Index, the businessman is the third Mexican with the highest wealth. The businessman dropped five positions compared to 2021.

The crisis reduced the wealth of 'The 100 most important businessmen in Mexico'

Despite the better performance of the stock market and the greater capitalization of its companies, the fortune accumulated by the 100 most important businessmen in Mexico is 9.2% below its 2018 level.

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