Biography
Germán Larrea Mota Velasco & family is among the world's most closely watched billionaires from MEXICO, with an estimated fortune of $62.1B. The bulk of Germán Larrea Mota Velasco & family's wealth comes from Mining, closely tied to Mining. Germán Larrea Mota Velasco, a prominent Mexican businessman, is the CEO of Grupo México, the country's largest mining corporation and a global leader in copper production. His career began with Grupo Impresa, a printing and publishing company, before joining Grupo México in 1981, and becoming Chairman and CEO in 1994. Under his leadership, Grupo México expanded into infrastructure and rail transportation. Larrea's strategic vision has transformed Grupo México into a multinational conglomerate, with operations extending across the Americas and beyond. He is known for maintaining a low public profile, while building a significant business empire, and is also involved in philanthropic initiatives. His net worth is estimated at $67.4 Billion as of 2024. Key career milestones include Founded Grupo Impresa (1978); Joined Grupo México (1981); CEO of Grupo México (1994); Chairman and CEO of Grupo Ferroviario Mexicano (1997). This profile documents verified holdings, career milestones, and multi-year net worth history drawn from Forbes rankings, company filings where available, and our editorial methodology. Readers use it to understand how public markets, private company stakes, and major business bets shape one of the largest personal fortunes on record. Wealth estimates move with stock prices, funding rounds, and disclosed transactions—figures on this page are research estimates, not cash balances. We publish year-by-year net worth history when verified data exists, link to primary sources, and update profiles when Forbes Real-Time Billionaires or major filings change the picture materially. For investors and researchers, the most useful reading pairs the headline number with ownership structure, geography, sector exposure, and the multi-year history chart on this page—especially during volatile markets when single-day moves can shift rankings without any operational change at the underlying companies.