Agustín Coppel Luken
$1.5B
Born
Aug 28, 1961
Age
64
Source of Wealth
Diversified
Residence
Culiacan,
Citizenship
Mexico
Marital Status
Married
Children
0
Education
- Agustín Coppel Luken is the chairman and CEO of Mexican retail and banking giant Grupo Coppel.
- The Coppel family owns 100% of the $8 billion-plus (sales) company which their father founded in Sinaloa in 1941.
- The stores, known for providing credit to customers, started allowing buyers to pay in weekly installments after World War II.
- In 2024, the group announced it would invest over $700 million renovating existing retailers, reducing its carbon footprint and opening over 100 new stores.
- The company was reportedly exploring a more than $1 billion IPO in 2018 but the plans were indefinitely postponed.
- Agustín and his wife are avid collectors of contemporary art.
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