Billionaire Profile
Rufino Vigil Gonzalez
Global Rank
#1391

Image: Public domain | via Wikimedia Commons

Rufino Vigil Gonzalez

CEO, Industrias CH
MX
Real-Time Net Worth
$2.8B
As of December 2025
Age
77
Source
Steel
Industry
metals-mining
Citizenship
MX

Biography

Rufino Vigil Gonzalez, a prominent figure in Mexico's business landscape, is a 77-year-old steel magnate known as the 'King of Steel.' With a net worth of $2.8 billion, Vigil Gonzalez built his fortune through Industrias CH, a leading steel production and processing company. His career is marked by strategic acquisitions and investments, transforming Industrias CH into a multinational enterprise. He is recognized as a key player in the global steel industry, with operations spanning Mexico, the United States, and Canada.

Wealth Over Time

In-Depth Profile

Early Life

Information regarding Rufino Vigil Gonzalez's early life is not widely publicized, a common trait among Mexican business leaders who value their privacy. He was born on June 1, 1948, in Mexico City. He holds a Bachelor of Arts/Science from Universidad Iberoamericana. His family has been involved in the steel industry since the early 20th century.

Rise to Success

Vigil Gonzalez acquired Industrias CH in 1991, which marked the beginning of significant expansion for the company. Industrias CH was originally founded in 1934 as Herramientas S.A., initially producing hand tools, construction, and agricultural equipment. Under Vigil Gonzalez's leadership, the company expanded through strategic acquisitions, including Procarsa in 1993, Compañía Mexicana de Perfiles y Tubos in 1997, and Grupo Simec in 2001. In 2001, Industrias CH acquired just under 83% of Grupo Simec, a steel smelter with factories in Guadalajara and Mexicali. Simec assets represented 91% of Industrias CH's net sales in 2010.

Key Business Strategies

A key to Industrias CH's success has been adapting to changing market conditions and meeting evolving customer needs. Vigil Gonzalez's strategy emphasized staying ahead of industry trends and upgrading production facilities. He has also focused on diversifying the company's product offerings and expanding into international markets.

Philanthropy

No specific philanthropy amounts were found in the provided search results.

Career Milestones

1991

Acquired Industrias CH

Began a period of expansion and diversification.

2001

Acquired Grupo Simec

Positioned Industrias CH as a major player in steel manufacturing.

Philanthropy & Social Impact

N/A

Not Found

Undisclosed

Philanthropic information not found.

Controversies & Challenges

2018

Market Manipulation Fine

Industrias CH was fined 2.96 million pesos by the Comisión Nacional Bancaria y de Valores for alleged market manipulation.