Ricardo Salinas Pliego & family
$3.7B
Born
Oct 19, 1955
Age
70
Source of Wealth
Retail, media
Residence
Mexico City,
Citizenship
Mexico
Marital Status
Married
Children
6
Education
Master of Business Administration, A. B. Freeman School of Business; Bachelor of Arts/Science, Tecnológico de Monterrey
- Ricardo Salinas Pliego runs Mexican TV broadcaster, TV Azteca, and retailer Grupo Elektra.
- His Grupo Elektra targets lower middle class consumers who borrow money from his banking arm, Banco Azteca, to buy items at Elektra stores.
- Elektra was founded in the 1950s by Ricardo's grandfather, Hugo Salinas Rocha.
- In 2026, after a years-long dispute over tax claims and fraud allegations, Grupo Elektra agreed to pay nearly $1.9 billion to the Mexican government.
- Currently, shares of Grupo Azteca are suspended from trading and Grupo Elektra is set to go private.
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