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Ricardo Salinas Pliego Biography and Net Worth

Ricardo Benjamn Salinas Pliego is a businessman from Mexico. He is the founder and CEO of Grupo Salinas, a large corporation involved in telecommunications.

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Ricardo Salinas Pliego

Who is Ricardo Salinas Pliego?

Ricardo Benjamn Salinas Pliego is a businessman from Mexico. He is the founder and CEO of Grupo Salinas, a large corporation involved in telecommunications, media, banking, and Retail.

Bio Data

Name Ricardo Salinas Pliego
Gender Male
Date of Birth Oct 19, 1955
Age 67 years old
Place of Birth Monterrey, Mexico 
Profession Businessperson
Nationality Mexico
Net worth $13.3 Billion

Biography

Ricardo Salinas Pliego is a notable Mexican businessman who was born on October 19, 1955, in Monterrey, Mexico. He is the founder and chairman of Grupo Salinas, a multinational conglomerate with interests in telecommunications, media, financial services, and retail.

Salinas Pliego, known for his strong support for minarchism and neoliberalism, is Mexico’s third wealthiest person, he graduated from Tecnologio de Monterrey and afterward earned an MBA from Tulane University.

Career

Ricardo Salinas Pliego studied at Instituto Tecnológico y de Estudios Superiores de Monterrey and got an MBA from Tulane University. He started working at Elektra in 1981, gaining valuable business experience during the uncertain economic times of the 1980s.

In 1987, he became the CEO of Grupo Elektra. This company, originally a family furniture business called Salinas & Rocha in 1906, shifted focus to selling important things like appliances, electronics, and furniture. Ricardo introduced credit sales and financial services for Mexico’s lower-middle-income customers.

Elektra got a big banking license in 2002, leading to the creation of Banco Azteca. This was to help the parts of society that were often overlooked.

Salinas also leads TV Azteca, a big maker of Spanish-language TV shows. They broke Mexico’s TV monopoly through successful privatization. In 2001, they launched Azteca America, a channel for the U.S. Hispanic population. Ricardo also got into the telecommunications industry, and this led to the merger of Iusacell and Unefon. AT&T bought Iusacell in 2015.

Now, Totalplay offers top-notch fiber optic internet, TV, and phone services. Grupo Elektra has locations in about 6,000 places across different countries. Salinas takes part in global economic forums, talking about things like globalization, education, and starting businesses. He also shares his thoughts in respected magazines.

Net Worth

Ricardo Salina Pliego is a wealthy Mexican businessman with an estimated net worth of $13.3 billion. He has held the position of the second richest person in Mexico, after Carlos Slim Helu, on several occasions.

His wealth comes from founding Grupo Salinas, a conglomerate involved in media, retail, banking, and telecommunications.

Personal Life

Ricardo Salinas Pliego is married to Mara Laura Medina, and they have six children,  He owns luxury properties like the $100 million Azteca yacht, as well as homes in Mexico City, Cancun, and Los Cabos.

FAQs

Q: Who is Ricardo Salinas Pliego?

A: Ricardo Salinas Pliego is a prominent Mexican businessman known for founding and leading Grupo Salinas, a major conglomerate involved in telecommunications, media, financial services, and retail.

Q: What is his net worth?

A: As of February 2021, Ricardo Salinas Pliego’s estimated net worth is US$13.6 billion, making him one of the wealthiest individuals in Mexico and the world.

Q: What are some of his beliefs and interests?

A: Salinas Pliego is known for his outspoken support of minarchism and neoliberalism, advocating for limited government intervention and free-market principles in the economy.

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