Occupation Grupo Mexico (CEO) | Name German Mota-Velasco | |
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Net worth US$14.2 billion (June 2015) | ||
Germán Larrea Mota-Velasco (born July 8, 1941) is a Mexican businessman. He is the CEO of Grupo México, the largest mining corporation in Mexico and the third largest copper producer in the world.
Biography
Germán Larrea has been Chairman of the Board of Directors, President and Chief Executive Officer of Grupo Mexico (holding) since 1994. He was previously Executive Vice Chairman of Grupo Mexico and has been a member of the Board of Directors since 1981.
He has served as Chairman of the Board of the Southern Copper Corporation since December 1999, CEO from December 1999 to October 2004 and as a member of the Board of Directors since November 1999. He has been Chairman of the Board of Directors and CEO of Grupo Ferroviario Mexicano since 1997. He is also Chairman of the Board of Directors and CEO of Empresarios Industriales de Mexico, Compania Perforadora Mexico, Mexico Compania Constructora, and Fondo Inmobiliario since 1992.
He founded Grupo Impresa, a printing and publishing company in 1978, remaining as the Chairman and CEO until 1989, when the company was sold. He is also a Director of Banco Nacional de Mexico, which forms part of Grupo Financiero Banamex, Consejo Mexicano de Hombres de Negocios, and Grupo Televisa.
According to Forbes, he is worth US$16 billion. He lives in Mexico City, and he is married.
