Rank #2517
Agustín Coppel Luken
Net worth $1.6B
Diversified · Mexico
- Born
- Aug 28, 1961
- Age
- 64
- Source
- Diversified
- Residence
- Culiacan
- Citizenship
- Mexico
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- 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.