Germán Larrea Mota Velasco
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- Name
- Germán Larrea Mota Velasco
- Net Worth
- 27.9 Billion USD
- Birth Date
- 26 October 1953
- Age
- 71
- Country
- Mexico
- City
- Mexico City
- Business
- Metals & Mining
Germán Larrea Mota Velasco, born on July 8, 1941, in Mexico City, Mexico, is a prominent Mexican billionaire businessman and the chairman of Grupo México, one of the largest mining and infrastructure development companies in Latin America. Larrea's entrepreneurial journey and leadership have propelled Grupo México to become a powerhouse in the mining, transportation, and infrastructure sectors.
Grupo México, founded by Larrea's father in 1942, initially focused on copper mining and has since diversified its operations to include mining of other metals such as silver and zinc. The company's mining division, Southern Copper Corporation, operates mines in Mexico and Peru and is one of the world's largest producers of copper.
Under Germán Larrea's leadership, Grupo México has expanded its portfolio to include significant investments in rail transportation and infrastructure through its subsidiary, Ferromex, Mexico's largest railway operator. Ferromex plays a crucial role in transporting Grupo México's mining products and other commodities across Mexico and into the United States.
In addition to mining and transportation, Larrea has diversified Grupo México's interests into energy, real estate, and infrastructure development, further strengthening the company's presence and influence in the Mexican economy.
Beyond his business endeavors, Germán Larrea is involved in philanthropy through the Fundación Grupo México, which focuses on social development, education, healthcare, and environmental conservation initiatives in Mexico. The foundation's projects aim to improve living conditions and create opportunities for communities where Grupo México operates.
Germán Larrea's entrepreneurial vision, strategic leadership, and commitment to sustainable development underscore his influence as a transformative figure in the Mexican business community and global mining industry. His stewardship of Grupo México continues to drive growth, innovation, and positive impact across sectors critical to Mexico's economic development.
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