Portrait of Ricardo Salinas Pliego & family

Rank #1175

Ricardo Salinas Pliego & family

Net worth $3.7B

Retail, media · Mexico

Born
Oct 19, 1955
Age
70
Source
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

Net worth over time

Biography

  • 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.

Financial assets

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