Rubén Coppel Luken
$1.8B
Born
Apr 18, 1950
Age
75
Source of Wealth
Diversified
Residence
Culiacan,
Citizenship
Mexico
Marital Status
Married
Children
0
Education
- Rubén Coppel Luken and his four brothers own the Coppel department stores, one of Mexico's largest retailers.
- Coppel is chairman of BanCoppel and Afore Coppel, the group's banking and pension fund businesses
- BanCoppel, founded in 2007, stemmed from the retailer's historical practice of financing items to their clients.
- Because customers were low on cash after World War II, founder Enrique Coppel Tamayo started selling furniture on credit using weekly payments.
- In mid-2023, Afore Coppel reported over $24 billion in assets under management.
- BanCoppel has over 1,000 offices across Mexico.
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