Portrait of José Coppel Luken

Rank #2324

José Coppel Luken

Net worth $1.8B

Diversified · Mexico

Born
Jan 01, 1959
Age
67
Source
Diversified
Residence
Culiacan
Citizenship
Mexico
Marital status
Children
0
Education

Net worth over time

Biography

  • José Coppel and his four brothers own Grupo Coppel, a Mexican conglomerate with over 1,700 department stores.
  • Their father and grandfather founded the first shop in 1941 selling radios and watches. Today, the stores sell everything from clothing to electronics.
  • The stores are known for providing credit to customers, allowing them to finance their purchases over multiple payments.
  • The group expanded into the banking sector with BanCoppel in 2007.
  • The brothers also have two sisters who don't have active roles in the business.