Ernesto Madero
Ernesto Madero Farías | |
|---|---|
| Born | Template:Birth date Parras, Coahuila, Mexico |
| Died | February 2, 1958 (aged 85) |
| Occupation(s) | Financier, politician |
| Known for | Secretary of Finance of Mexico |
Ernesto Madero Farías (12 October 1872 – 2 February 1958) was a prominent Mexican financier who held the position of Secretary of Finance during the administrations of Presidents Francisco León de la Barra and his nephew, Francisco I. Madero.
Originating from Parras, Coahuila, he was the firstborn among eleven siblings to Evaristo Madero Elizondo, the governor of Coahuila, and Manuela Farías Benavides, whose father Juan Francisco Farías was instrumental in founding the Republic of the Rio Grande.
His education included studies at Johns Hopkins University, followed by mining engineering and economics at the École des Haute Etudes in Paris. Upon returning to Mexico, he oversaw various family ventures such as mining operations, wineries, industrial businesses, and agricultural properties. Additionally, he was a founding board member of Fundidora de Fierro y Acero de Monterrey S.A and served as director of Banco de Nuevo León based in Monterrey.
During the period when Francisco I. Madero opposed President Porfirio Díaz, Ernesto, aligned with José Yves Limantour’s financial faction alongside Rafael L. Hernández, actively protected his family’s holdings by providing detailed accounts of their extensive assets.
Following Díaz's resignation, he was appointed Secretary of Finance in 1911 by Francisco León de la Barra and continued in this capacity under his nephew’s presidency until the events of the Ten Tragic Days and the subsequent assassination of Madero.
He was married to Leonor Olivares Tapia and fathered several children.