Alberto Baillères
Alberto Baillères González | |
|---|---|
| Born | Template:Birth date Mexico City, Mexico |
| Died | February 2, 2022 (aged 90) |
| Occupation(s) | Entrepreneur, businessman |
| Known for | Chairman of Grupo BAL and ITAM |
Alberto Baillères González (born 22 August 1931 – died 2 February 2022) was a prominent Mexican entrepreneur and billionaire. As of , his net worth was approximated at US$10.1 billion according to Forbes. He held the position of chairman at both Grupo BAL and ITAM.
Early life
Baillères entered the world in Mexico City on 22 August 1931, son of Raúl Baillères. His education included attendance at Culver Military Academy in Indiana, United States, followed by earning a bachelor's degree in economics from the Instituto Tecnológico Autónomo de México (ITAM), an institution established by his father, completing his studies in 1953.
Career
Following the passing of his father, Baillères assumed leadership of Grupo BAL at the age of 28. This conglomerate oversees several enterprises such as Industrias Peñoles, recognized as Mexico's second-largest mining firm and the top global silver producer; El Palacio de Hierro, a department store chain primarily operating in Mexico City; Grupo Nacional Provincial, the leading insurance company within Mexico; and Grupo Profuturo, specializing in pensions and annuities. Additionally, he was a board member of Fresnillo plc.
He played a significant role on the governing board of ITAM, one of Mexico’s premier institutions for higher education and policy research. His business interests extended into sectors including financial services, agriculture, and bullfighting. Among his assets was the 92-meter yacht named Mayan Queen IV.
In October 2012, Bloomberg placed him as the 35th wealthiest individual worldwide, estimating his fortune at US$19.3 billion.
Belisario Domínguez Medal of Honor
On November 12, 2015, Baillères was honored with the Belisario Domínguez Medal of Honor, which stands as Mexico's most prestigious civilian accolade, in recognition of his impact on the nation’s industrial landscape.
Personal life and death
He was married to Teresa Gual, and together they had seven children. The family made their home in Mexico City. Baillères passed away on 2 February 2022 at age 90.