2German Larrea Mota Velasco – Net worth – $15.7 billion
The 60-year-old mining tycoon owns just over half of Grupo Mexico, Mexico’s largest mining and infrastructure company.
Although his fortune fell $2 billion from a year ago, German Larrea Mota Velasco’s net worth is now of $15.7 billion and ranks #2 on our top list.
His company has 3 principal units: Americas Mining Corporation, which owns mining assets in Mexico (Minera Mexico), Peru (Southern Copper) and U.S. (Asarco), Infraestructura y Transportes Mexico (ITM), which owns 2 railroads and Ferrocarril Mexicano y Ferrosur.
Also, the billionaire owns a 30% stake in Grupo Aeroportuario del Pacifico, which operates airports.
