This year the list of Latin American millionaires is adorned with representatives from Mexico, Brazil, Chile and Colombia, which shows that this continent has plenty of talent with export quality.
These are entrepreneurs who have amassed great fortunes after promoting businesses linked to telecommunications, mining and the entertainment industry.
Without a doubt, these entrepreneurs enhance the Latin American region thanks to their great business skills, and the legacy they are leaving to the new generations.
These are the 10 richest Latin Americans in the world:
You will learn a little about their history and we will also tell you how they managed to win the title of billionaires.
Unquestionably, all of these Latinos managed to reach their Financial Independence and to build great empires.
Below we will introduce you to the 10 richest Latin Americans in the world, according to the most recent ranking prepared by the prestigious magazine Forbes.
1. Carlos Slim
Mexican Carlos Slim heads the list of Latin American millionaires and continues to be the biggest tycoon in the telecommunications industry.
Currently, he is the owner of America Movil (the largest and most powerful mobile telecommunications company on the continent).
His current fortune exceeds $62 billion dollars. And this shows that 2021 has been a good year for this businessman (Especially because his assets during 2020 were $52 billion dollars).
His rise to success began in the 1980s when his home country was going through an unprecedented crisis that fueled capital flight.
It was right there when Carlos Slim began to invest heavily in the Mexican Republic, through the purchase of numerous companies.
Years later, he bought shares of Apple Inc., and after the iconic market launch of the iMac, this successful entrepreneur multiplied his fortune overnight.
Today, he continues to power highly successful and profitable companies, such as America Movil, Telesites, Real Estate Carso, Carso Group or the Inbursa Financial Group.
2. German Larrea Mota Velasco
Once again, Mexico says present under the figure of businessman Germán Larrea Mota Velasco.
This is one of the millionaire minds prominent in Latin America and his fortune is currently valued at $25.9 billion dollars.
He has managed to inflate his bank accounts through Mexico Group; the largest copper company in the country.
Right now he owns most of the company, which has operations in several countries such as Peru and the United States, and this has allowed him to become another of the great Latin American millionaires.
Last year he was ranked 118th on the list of the world’s greatest billionaires, but this time he was ranked 61st.
Throughout his business career, he has managed to preside over companies such as Mexico Group (the fifth largest copper producer in the world), Mexican Railway Group Y Industrial Entrepreneurs of Mexico.
3. Iris Fontbona
This Chilean is the only one enterprising woman that appears in this list of billionaires that it elaborates Forbes.
She inherited a large fortune after the death of her husband, businessman Andrónico Luksic, who was actively involved in the mining industry during his lifetime.
Before he died he left all his money to Fontbona and his three children, who now control Antofagasta Plc, a company that owns several copper mines in Chile.
The success of the company allowed it to be listed on the Stock Exchange of London, and increased the wealth of the Fontbona family significantly.
As of today, the fortune of Chilean Iris Fontbona is estimated at $23.3 billion dollars.
4. Ricardo Salinas Pliego
Ricardo Salinas Pliego is another of the most successful Latin American millionaires on the continent.
This is due to his position as director of the second most influential television network in Mexico: Aztec TV.
In addition, he is the founder of Salinas Groupwhich covers numerous transport, commerce, communication, entertainment and telecommunications companies.
The beginnings of this Mexican businessman go back to his time in a small furniture factory that his great-grandfather founded during the last century.
Subsequently, it acquired a media package privatized by the federal government that led to the birth of aztec tv, and that was how he experienced a rebound in his assets.
His current fortune is $12.9 billion, which is why he ranks 166th in the most up-to-date ranking of Forbes.
5. Marcel Hermann Telles
This Brazilian is considered one of the most promising Latin American millionaires in the hemisphere, especially within the beer industry.
Thanks to its shareholding in Anheuser-Busch InBevwhich is the largest brewer on the planet, has managed to amass a fortune of $11.5 billion.
In addition, together with his two partners, he controls almost 25% of the firm. 3G Capital, headquartered in New York City.
So far, this Brazilian-American investment company has completed million-dollar deals, such as the purchase of Burger King in 2010, or the merger of two giants of the food industry: kraft Y Heinz.
6. Jorge Moll Filho
Jorge Moll Filho was born in Brazil and at the time he specialized in Cardiology, which became the greatest precedent of his successes.
Additionally, he managed to found the network of private hospitals Rede D’Or and thus began to generate millions of dollars over time.
His current fortune is $11.3 billion and a few months ago his company debuted on the São Paulo Stock Exchange as one of the ten most valuable companies in the country.
According to an agency report Bloomberg, This Brazilian owns the largest health care network in Brazil, whose beginnings date back to 1977, when he founded his first health laboratory.
Today, Rede D’Or It has more than 30 operating hospitals throughout the country, which has had a very positive impact on the Brazilian health sector.
7. Luis Carlos Sarmiento
The fortune of this successful Colombian banker is $11,000 million dollars and he has obtained it from his strategic holdings in companies such as the Grupo Aval Actions and Securities.
Luis Carlos Sarmiento is also known for founding the Cancer Treatment and Research Center (the most important in all of Latin America).
owning the newspaper Time Since 2012 he has managed to make a name for himself in the Colombian media industry, even holding the title of “tycoon”.
East entrepreneur ranks 200th in the ranking of Forbeswhich includes the largest Latin American millionaires of this 2021.
8. Alberto Bailleres Gonzalez
Gonzales has $9.2 billion under his belt, and therefore ranks 255th on the list.
This is because he has successfully managed to preside over the second largest mining company in Mexico: Penoles Industries.
Although he has also reaped great triumphs as president of the Bal Group; one of the largest conglomerates in the country.
In fact, it houses businesses related to finance, commerce, mining and metallurgy, which together generate millionaire income.
Both Joseph Safra and his brothers, Edmond and Moise, have been considered great Latin American millionaires.
They ran a well-known financial and investment group that still operates in several countries around the world, and which was initially called Safra Bank.
This banking entity founded in 1955 has become one of the 10 largest in the country, after closing alliances with a large conglomerate that operates in Europe, Asia and numerous locations in Latin America.
Unfortunately, Moises lost his life in 2014 and Joseph in December of last year.
But if these Latin American millionaires were still alive, they could still be enjoying a fortune estimated at $7.1 billion.
10. Juan Francisco Beckmann Vidal
We close this list of the 10 most powerful Latin American millionaires in the world with Juan Francisco Beckmann Vidal.
This Mexican presides over Jose Cuervo Groupwhich is dedicated to the mass production of tequila.
Forbes has estimated his fortune at $7,000 million dollars, and this feat has been achieved after acquiring 70% of this tequila company.
Jose Cuervo It has been owned by his family for 11 generations, and today this same brand of tequila is the best-selling in the world.
Millionaire and Latino Entrepreneurs:
We have just introduced you to the 10 most powerful and influential Latin American millionaires in the world.
They all appear in the latest list of billionaires prepared by the magazine Forbes, thanks to the fact that they have amassed great fortunes, since vast empires have been built in recent decades.
Continue reading: 20 Successful Entrepreneurs Share Their Best Tips for Succeeding