Armando Garza Sada serves as Independent Director of the Company. The memorial is located at the crossroad where Garza Sada died in 1973. This subsidiary accounted for 12 percent of Alfa's revenues in 1996. Himself a graduate of the Massachusetts Institute of Technology, Garza Sada staffed top management with graduates of MIT, Harvard, and the University of Pennsylvania's Wharton School of Business. It held 48 percent of the cold-rolled sheet market, 44 percent of the small-diameter pipe market, and 38 percent of the galvanized-sheet market in 1995. We present to you the Mexican families that have put our country up high and have great weight throughout the world. The Order o, mathematics, astronomy, natural history. Eugenio Garza Lagera Net Worth: Eugenio Garza Lagera was a Mexican businessman and philanthropist who had a net worth of $2 billion. Latin American billionaires hail from seven countries: 7 from Argentina, 43 from Brazil, 12 from Chile, 3 from Colombia, 15 from Mexico, 5 from Peru, and 2 from Venezuela. Her secretary and researchers would continue the work in the daytime. If independent means we express our views when erroneous economic policies are carried out, Eduardo Hovelman, manager of the Monterrey Chamber of Commerce, said, then we are independent.. Salinas did not leave her home for three weeks. A consistent increase . Several of the Garza Sadas have worked in public and private companies. Alfa's subsidiary Alpex, S.A. de C.V. was engaged in the manufacture of petrochemicals and synthetic fibers for use primarily as raw materials in the textile, food, beverage, packaging, construction, and automotive industries. The net worth of Bernardo Garza Sada and his family was estimated at $1.5 billion in 1996. The Mexican economy surged and 11 new billionaires were added to the 1993 list. A Mexican millionaire has electrified the political and social scene here with a cutting expose in her versions of the secret goings-on in the inner circles of Mexico's wealthiest and most powerful family. Government of Mazatln analyzes promoting the game of Ulama in the city, Mazatlan firefighters do not have the equipment to deal with chemical emergencies, Fourth International Arts Festival 2020 in El Rosario, Sinaloa, U.S. Attorney General Merrick Garland says Mexico could do more against fentanyl, U.S. demands the extradition of Ovidio Guzman from Mexico, AMLO expects Garcia Luna will reveal information to arrest former president Felipe Caldern. However, the mainunits within the group remained the Cuauhtmoc Brewery; the Hojalata y Lamina, S.A., steel group, Mexico's second largest steel producer, and the Serfin financial group, the country's third largest, which includes the prosperous Banco de Londres y Mexico among its 15 subsidiary institutions. In addition, foreign lenders who were owed $273 million and Mexican banks holding about $301 million in Hylsa debt agreed to stretch out the loan repayments over 15 years and received 21 percent of Hylsa's common stock. A qu se enfrenta Alfonso Romo en el consejo de inversiones de AMLO? Pick a style below, and copy the text for your bibliography. Encyclopedia of Latin American History and Culture. The businessman had eight children, one of them isDaniel Servitje, current president and CEO of Grupo Bimbo. Beer, glass, bottling. Get latest information from around the globe. The following is a Forbes list of Mexican billionaires is based on an annual assessment of wealth and assets compiled and published by Forbes magazine on April 17, 2017,[1] updated January 8, 2021.[2]. Last updated: 1 February 2023 at 11:00am EST. Menno Vellinga, Economic Development and the Dynamics of Class: Industrialization, Power and Control in Monterrey, Mexico (1979). With companies like Elektra, Salinas and Rocha, Banco Azteca and Seguros Azteca, he is a Mexican visionary who takes entrepreneurship to another level. Their combined total net worth climbedfrom $3.3 billion in 1987 to $373.2 billion in 2017. Many of the lower-management people had no practical experience, while the experienced upper management took charge of firms about which they knew very little. Many of the modern surnames in the dictionary can be traced back to Britain and Ireland. Nineteen years later, in 2010, with a net worth of $74 billion, Slim became the word's richest person. Sigma was planning to make frozen Mexican food for both the domestic and U.S. markets. 4. But with the help of their gran riqueza personal, the family has managed to avoid a lot of problems. Its own subsidiaries included Petrocel, S.A.; Nylon de Mexico, S.A. (60 percent); and Polioles, S.A. de C.V. (51 percent). Behind the Facade. Alestra began long distance operations in Monterrey and Queretaro at the beginning of 1997 under the AT&T name. Five leftist guerrillas, charged with "plotting the kidnapping," have been in Monterrey jail for 4 1/2 years without trial or sentence. Ori, Coahuila, third largest state in Mexico. Antonio Garza likely has additional revenue sources. List of Mexican billionaires by net worth, "Special Report: Mexico's Richest (1-101)", "Carlos Slim, Salinas Pliego y ms: quin es quin entre los millonarios de Mxico", https://en.wikipedia.org/w/index.php?title=List_of_Mexican_billionaires_by_net_worth&oldid=1119001039, CS1 European Spanish-language sources (es-es), Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, Rufino Vigil Gonzlez - US$ 1.7 billion - Industrias CH, Fernando Chico Pardo - US$1.4 billion - Grupo Financiero del Sureste, David Pealoza Alanis - US$1 billion - Grupo Tribasa, This page was last edited on 30 October 2022, at 05:44. One of these, Valores Industriales S.A. (Visa), established Hojalata y Laminas S.A. (Hylsa) to make steel sheet for the bottletops of its beverages during World War II, when the United States cut steel supplies to Mexico to meet its own needs. The children of the tortilla entrepreneurRoberto Gonzlez, better known as Maseco, own one of the most important consumer industries in the world;They also own Banorte. Encyclopedia of Latin American History and Culture. They have also received a lot of help from their relatives. The powerful and outspoken Monterrey Group is both the symbol of this independence and the target of this resentment. With the exception of the Zambranos and the Garza Sadas, the rest continue to meet the ten-digit mark. Don Roberto Garza Sada: La pasin por la excelencia. Alfa took a 26 percent interest in the company, Alestra, with Visa and Bancomer holding 25 percent and AT&T holding the remaining 49 percent. Last updated: 1 March 2023 at 11:00am EST. "They also said that Martha Mitchell was mad. Monterrey Group: A Family of Wealth and Symbol of Economic Independence, https://www.nytimes.com/1974/10/21/archives/monterrey-group-a-family-of-wealth-and-symbol-of-economic.html, Alan Riding Special to The New York Times. The Monterrey Technological Institute, a prestigious school funded during World War II and modeled after the Massachusetts Institute of Technology, has also enabled the city to depend less on foreign tech nology by creating its own. On the higher end, Antonio Garza could make as much as $19.16 thousand a year. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list. The bottom 50% includes 64.3 million families, with 13.4 million of these families having a negative net worth. She alleges she was surrounded by cars full of gunmen and was swamped with telephone threats. Known as one of the most powerful families in Latin America, the Garza Sada family has control over two of Mexico's three largest financial groups. 19. The company recorded the most profitable year of its history in 1988. Like so many affluent women in Mexico, she always had a low profit, moved in the exclusive circles of the "oligrarchs," worked on charity projects and traveled abroad. "We demand that!" So I wrote every night from 9 till 6 the next morning. Check for available units at Garza Sada 1892 in Monterrey, NLE. . Strangers on a Train (1951) Warner Bros. Bruno Antony is wealthy but psychotic and harbors a deep hatred of his father. See Armando Garza Sada's compensation, career history, education, & memberships. One observer said they "always picked the kid with the Harvard MBA over the guy who really knew the business. When Roberto Garza Sada was born on 9 December 1895, in Monterrey, Nuevo Len, Mexico, his father, Isaac Garza de la Garza, was 42 and his mother, Consuelo Sada Muguerza, was 27. Versax, S.A. de C.V. was an Alfa subsidiary engaged in the production of aluminum cylinder heads and in three other industries: carpets and rugs, mattresses, and building supplies. On the other hand, Ral and Juan Pablo Baillres Gual also work for Grupo Bal. Although Monterrey is the most American business center in Mexico, foreign investment does not dominate the city as it does the rest of the Mexican economy. In 1995, the Mexican peso collapsed and the economy plummeted into a debt crisis that threatened to bring down Wall Street. Jos Hernndez Another son, Isaac, took over another set of firms, and also developed his own businesses. IESE Business School, Av. De acuerdo con el presidente de Mxico, no se deben utilizar estos hechos lamentables con propsitos polticos, ideolgi Mendel se fij en Mxico en 2021 un objetivo claro: para tener presencia en Amrica Latina deban lanzarse a la conquist En una conferencia matutina en Palacio Nacional, el mandatario Andrs Manuel Lpez Obrador seal que cuando comenz el sexenio de Carlos Salinas de Gortari (1988 a 1994) haba slo una familia millonaria en la lista, Todos los Derechos reservados 2014 - 2023 Forbes Mexico. In 1995 Alfa returned to profitability, with net income of 2.09 billion pesos ($307 million) on net sales of 21.52 billion pesos ($3.16 billion). Isaiah Garza has an estimated net worth of about $6.5 million. Germn Larrea Mota Velascois a mining mogul and maintains a low profile, so much that there are few photos of him. Name: Equities % Valuation: Alfa, S. A. Again, Don Eugenio agreed and, in so doing caused a great uproar within the family. The largest commercial chain in Mexico originated in Jalapa when Lzaro Chedraui, a Lebanese immigrant opened the El Puerto de Beirut haberdashery that years later would be the Chedraui Commercial Group. Listed on the Stock Exchange, Grupo Chedraui has started operations in California, Nevada, and Arizona. de C.V., known as Cemex, is a Mexican multinational building materials company headquartered in San Pedro, near Monterrey, Mexico. TimesMachine is an exclusive benefit for home delivery and digital subscribers. Its distribution network included 50 refrigerated warehouses and a fleet of more than 800 refrigerated vehicles, including 570 delivery trucks. South America's biggest economy went from having one billionaire to 43 this year, with a total net worth of $172.1 billion. Regardez le Salaire Mensuel de Estrazione 10 E Lotto In Diretta en temps rel. HYLSA, the steel works, was not sold to the government; the family rift became clear as the conglomerate split into several groups. Aside from the sober, political sections of the book, Salinas uses a sharp tongue and a very personal style to describe the exclusive, tight knit family which she entered by marrying Roberto G. Sada, grandson of one of the founders of the Garza Sada empire. But in Monterrey, a bustling city where the summer temperature rarely falls below 90 degrees, the view is different. MBA Candidate at Chicago Booth with 4.5 years of experience advising Healthcare and Technology companies in M&A transactions. After Eugenio Garza Sada, head of the Monterrey Group, was murdered in 1973 in what was described as an abortive kidnapping by left-wing terrorists, the family empire broke into four parts. When foreign technology is needed, it is bought from the United States, Japan or Western Europe, but never on conditions that might permit foreign control over its use. Your email address will not be published. On this page is a household net worth percentile calculator for the United States. In 1998 the number of Mexican billionaires dropped to just seven. Alfa in 1996. Eugenio Garza Lagera was born December 18, 1923 in. I'm still exhausted from it.". Los Garza Sada, la millonaria familia de la que habla Lpez Obrador Eugenio Garza Sada fue hijo de uno de los creadores de Cervecera Cuauhtmoc y tambin fund el Tecnolgico de Monterrey. MONTERREY, MexicoMention Monterrey and the Monterrey Group comes to mind; mention the Monterrey Group and a tightly knit family of wealthy and conservative businessmen comes to mind. TRASCENDENCE Don Eugenio Garza Sada was born on January 11, 1892. de C.V. and Grupo Proeza, S.A.P.I. Don Eugenio Garza Sada naci el 11 de enero de 1892. de C.V., a public company with a business portfolio that includes refrigerated food, petrochemicals, aluminum auto parts, IT and communications, and hydrocarbons, with operations in 28 countries. Sigenzas father was tutor to Prince Baltazar before going to New Spain. He was also a philanthropist. They were the parents of at least 4 sons and 1 daughter. Alejandro Baillres Gual, the successor to Don Alberto Baillres, studied at Culver Military Academy in Indiana and is Chairman of the Board of Directors of BAL and Executive Vice President of Grupo BAL. Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. The Betancourt family is worth an estimated $17.4 billion, making them the second-richest family in Mexico. With a net worth of $2.8 billion, TV tycoon Emilio Azcrraga Milmo, Latin America's richest person, was featured on the cover. However, financing for both will continue to be channeled through the Serfin group. The two men did the firing were found dead later that day, their bodies thrown behind a cemetery Salinas says she has had access to court documents, judges and cabinet ministers and writes of contradictions between statements of police, witnesses and the accused. This company was involved in the entire steelmaking process from mining iron ore to manufacturing and distributing steel products. In essence, though, the division of the Monterrey Group falls into the family tradition as sons come of age and assume new responsibilities, groups are subdivided to give them top jobs; and as they marry within the lite, new mergers take place. Sade is popular as a lead vocalist of the popular band Sade. The untimely death of Eugenio Garza Sada, who was murdered in September 1973, served as a catalyst in breaking up the beer, glass, and steel empire into four separate, but complementary, holding companies. In retrospect, following Alfa's near-bankruptcy in 1982, Alfa's success bred arrogance. Manufacturing ventures in television sets, bicycles, and tractors were sold. "People have to know about those that have the economic power in Mexico. This paper looks broadly at the theme of corporate governance in Mexico. The businessman has a total of 6 children, three from his first marriage to Ninfa Sada Garza and three others with his current partner Mara Laura Medina . The Alfa man had to look good on paper.". Alex Saragoza, The Monterrey Elite and the Mexican State, 18801940 (1988). Roberto Jorge Gonzlez Alcal, son of which Roberto Gonzlez had out of wedlock and who was CEO of GRUMA in Mexico and Latin America, resigned in 2012 to his post after the death of his father. Owing to the relatively fast growth rate, genetic malleability, and carbon neutral production process, cyanobacteria has been recognized as a specialized microorganism with a significant biotechnological perspective. Isidro Vizcaya Canales, Los orgenes de la industrializacin de Monterrey (1971). Marco Antonio Slim Domitis married to Ximena Serrano. He is president of Amrica Mvil, Telmex, Grupo Carso, Grupo Sanborns and Promotora Musical. The huge conglomerates now embrace chemical, steel and cement Plants, textiles, television, two nationwide banking chains and employ 80,000 people. Conoce 68 inmuebles en Eugenio Garza Sada, Monterrey, Nuevo Len, desde $ 300 mil MN hasta $ 16.16 MDP. The first member of the family to lead the family was Isaac Garza Garza, who was born in Monterrey, Mexico. The Garza Sada family has created a state within a state. The family also controls a major refresco company, and is one of the world's largest independent Coca-Cola bottlers. "It took 3 1/2 months. It begins with a brief analysis of the historical corporate governance model in Mexico, including the governance structures, the banking and financial systems, ownership and Just days before publication, 30 state police burst into the printer's shop and took off with 17,000 copies, the plates, the manuscript and the printer himself. But on Sept. 18, 1973, a chapter in the history of Mow terrey came to an Fend. The Garza Sada family Monterrey, Mexico. Principal Subsidiaries: AlfaTelecom, S.A. de C.V.; Alpex, S.A. de C.V,; Dinamica, S.A. de C.V.; Hylsamex, S.A. de C.V.; Sigma Alimentos, S.A. de C.V.; Versax, S.A. de C.V. de C.V., Grupo Lamosa, S.A.B. In 1996 Alfa formed a joint venture with Valores Industriales, Bancomer (Mexico's second largest bank), and AT&T to enter the Mexican long distance telephone market in competition against Telefonos de Mexico. As a result, he is wealthy in comparison to most singers and rappers. Privately, a family member told a reporter that Salinas had caused them "terrible headaches and had to be stopped even by force. Net worth: $42.9 Billion. Our estimate may be low though. Thus Juan Antonio Gonzlez Moreno has been CEO and head of GRUMA, which has a value of at least 5 billion dollars. Mr. Garza Sada is currently the Chairman of the Board of Directors of ALFA, S.A.B. And so it was: 1994 was the biggest for Mexico's super rich. Build your family tree online ; Share photos and videos ; Smart Matching technology ; Free! Mauricio Fernndez Garza net worth 5.02 Million Millions of dollars 89% Net worth score Disclamer: Mauricio Fernndez Garza net worth displayed here are calculated based on a combination social factors. Over the past two decades, the number of Mexican billionaires has remained mostly stable, ranging between 10 and 16. As an era of high prices for Mexico's oil exports suddenly came to an end, in late 1981 Alfa dropped its projection of earnings for the year from $80 million to $2 million. Alicia Garza is an American civil rights activist and writer known as a co-founder of the international Black Lives Matter movement. Based on the stats for David Lee Garza's Youtube channel, the total number of video views is around 13.6 Million, which means David Lee Garza has roughly made $13,614.00~$27,228.00 US dollars on Youtube . Medina, Enriqueta, and Federico Arreola. Tresalia Capital diversifies direct investment businesses and invests in sectors with high growth potential. In addition to ALFA, the Garza Sadas have other companies, including Grupo Cementos de Chihuahua SA, the largest cement manufacturer in the country. Garza Sada Family, major Mexican entrepreneurial family. Slim moved into the world's top 10 richest persons. Mara was married to businessman Paulo Patricio Zapata;He subsequently married the former US ambassador to Mexico, the Hispanic Tony Garza, with whom he only lasted five years. ." In 1936 the family holdings, already vast, were divided into two separate industrial groups. Therefore, that information is unavailable for most Encyclopedia.com content. A new flat-steel minimill was opened that year. He is in charge of the Overcoming Association for Mexico and Latin America. Hylsa (now Hylsamex) and Sigma Alimentos, the food subsidiary, received their own separate stock listings to reduce their dependence on the parent company. Retrieved February 22, 2023 from Encyclopedia.com: https://www.encyclopedia.com/humanities/encyclopedias-almanacs-transcripts-and-maps/garza-sada-family. I will soon write another book showing the moral decay of our ruling class.". And anyway, all the private things I write, everyone knows about in Monterrey - employes, wives, servants. A five-year voting trust for the stock was formed under which 16 percent of the Garza Sada family stock would be held with the 45 percent of the bank stock. The performance at the highest corporate level of Mr. Garza Sada in companies in the manufacturing sectors provides CEMEX, S.A.B. Echeverria is now accused of fostering letfism and chaos. To enter the "Monterrey Group's" social circuit, the best way, she writes, "is to be an industrialist. Birthdate: January 11, 1892. Grupo Alfa profits would know no limit.". Bernardo Garza Sada, a nephew of Eugenio, became chairman of Grupo Industrial Alfa, S.A., which inherited Hylsa and many other industrial enterprises, including Empaques de Carton Titan, a packaging company founded in 1926; Nylon de Mexico (synthetic fibers), founded in 1952; and Polioles (chemicals), founded in 1962. de C.V. and Axtel. "There is no falling out," one source explained to the New York Times. There are 14 older and 21 younger executives at Cemex S.A.B. "They are ready to become much larger players in the global economy," FORBES predicted. Although her fortune is due to an inheritance from her late husband,Eugenio Garza Lagera, former president of FEMSA (the largest Coca-Cola bottler in Latin America and distributor), Eva Gonda and her daughters have administered FEMSA to the extent of trading on the stock exchange of New York Securities;that is, they have grown the business. The company unwisely abandoned its prudent traditional policy of only integrating firms that had similar or complementary products. Don Eugenio, Salinas writes, understood and agreed to inform the other industrial captains. Except that school has been there for 10 years. They know of course as long as I have money. I can fight and write and pay lawyers. I've begun to understand the abuse of power and the alienation that comes from the need to gain more and more power through money. Even the local federal attorney's office refuse to register Salinas' denuciations. The Aramburuzabala are considered the queens and business pioneers in Mexico, according to Forbes occupy the sixth place in the list of the richest families in Mexico. YouTubers can earn an average of between $3 to $7 per thousand video views. Monterrey's politically powerful businessmen are daring and innovative In their business practices. Historically, surnames evolved as a way to sort people into groups - by occupation, place of origin, clan affiliation, patronage, parentage, adoption, and even physical characteristics (like red hair). Yet if it were proved that the respected dean of Mexican business was killed by the right, this would throw a very different light on the turmoil of Echeverria's last years in office. Mail us : ben@mus-max.net . That's why they need to be unmasked." Since February 2016, the 19-year-old lady hasn't. "Our Group" gives a rare view behind the respectable facade of Mexican society where some characters with private chapels in their homes also, the author alleges, lead hedonist lives, have long affairs and illegitimate children. Brazil has witnessed the largest expansion of billionaires since that first list in 1987. He owns 75% of the mining and infrastructure company of Larrea Grupo Mxico, owns Southern Copper in Peru and Asarco in the US, Infrastructure and Transportation Mexico and owns 30% Grupo Aeroportuario del Pacfico. As of February 2023, Sade has a Net worth Estimated at around $80 million. Forbes estimates that the Waltons, who also were third-ranked last year, were worth $13.3 billion, up from $8.7 billion in 1989. In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. The oldest executive at Cemex S.A.B. "Garza Sada Family Located between Mexico and Jalisco, it has a population of 3,966,073 (2005) and its capital is Morelia. The head of theRicardo Salinas Pliegofamily is an entrepreneur, CEO of Grupo Salinas and the fourth richest man in our country. garza sada family net worth garza sada family net worth "It's something I had to do," says Salinas. Another important subsidiary was Dinamica, S.A., which acted as the service group for the holding company. But as successive Mexican administrations cried for rapid industrialization and the "group" with government support, expanded it became the nation's most powerful political lobby, speaking for the moneyed classes of Mexico. Third was the family of Sam Walton, founder of Wal-Mart, the third-largest U.S. retail chain. She has earned her net worth from her civil rights activity and articles about social justice topics. Guy Haines is an up-and-coming tennis player who wants to marry Anne Morton . The group was later converted to a Heineken subsidiary. About 70 percent of the foreign lenders agreed to exchange about $639 million of the debt for about $385 million in debt owed by Mexico itself and about $69 million in cash. FORBES explained that Mexico was the next Latin American country to implement free market policies after Chile in the 1970s. However, some people have estimated that Isaiah Garza's net worth might truly be more than that. 22 Feb. 2023 . Currently, these men are members of the boards of nine companies. No surprise, said FORBES, that year Mexico created more billionaires than any other Latin nation. Mexican TV mogul Emilio Azcrraga Milmo, who died in 1987, was Latin America's richest man in 1992. [+] (AP Photo/Jose Luis Magana). With a population of 2,495,200 (2005) and an area of 58,522 square miles, Coahuila lies south of Texas along, Garvie, Maureen 1944-(Maureen McCallum Garvie), https://www.encyclopedia.com/humanities/encyclopedias-almanacs-transcripts-and-maps/garza-sada-family. Expecting problems, Salinas says she decided to write the book secretly. Ninfa Salinas Sada, Benjamn Salinas Sada, and Hugo Salinas Sada are his eldest children. The businesswoman has a 27-year-old son, Pablo Zapata, who follows in his mothers footsteps. However, the date of retrieval is often important. With most shares held among the myriad Garza Sada relatives and descendants, composition of ownership of the "Monterrey Group," as it is known, remained hidden. Garza Sada Name Meaning. 4. Lorenzo Servitjes wife was Carmen Montull, daughter of the owner of Cerillera La Central. Currently, Pablo works at KIO Networks, dedicated to information technologies. Mr. Garza Laguera now heads the holding company Valores Industriales, S.A., which controts the Cuauhtmoc Brewery and the Serfin financial group, while Mr. Garza Sada is president of Grupo Sidergico Alfa, which owns the NYLSA steel group. Mr. Garza Sada is the Chairman of the Board of Directors of Alfa, S.A.B. On May 17, 2021, Baby's new song " Little While " released on Youtube. Roderic Ai Camp, Entrepreneurs and Politics in Twentieth Century Mexico (1989). In 1992, the FORBES billionaires issue was dedicated to Mexico's billionaires. He also said Alfa would enter retailing by opening 25 home-improvement stores over the next five years. Alfa in 1996 Hylsamex's revenues accounted for nearly one-third of Alfa's in 1995 (and 35 percent in 1996), but its net income in 1995 was only 12 percent of the group's total. He studied merchandising in Santander, Spain, and later founded Fabrica de Vidrios y Cristales de Monterrey. Desde nio, con el ejemplo de su padre, recibi lecciones que despus . Although Monterrey's businessmen may indeed be wealthy and arch conservative, what, most impresses a visitor is that, in just 85 years and with minimal outside help, they have turned a small desert town into Mexico's second largest industrial center. CEMEX S.A.B. The agreements allowed Hylsa to spend as much as $165 million over the next five years in capital expenditures, thereby giving it the opportunity to continue trying to compete in a crowded industry. But in 2014, Slim lost that title to Microsoft co-founder Bill Gates. Encyclopedia.com. The police action has caused and out-cry in the press, which argues that while the book may not be respectable, its illegal confiscation only underlunes the author's premise: the power of the Garza Sada family. Don Eugenio was shot in his car in the early morning of Sept 17, according to police, in a leftist kidnap attempt, according to Salinas' allegations, by hired gunmen. She alleges, "But he always kept his wife pregnant as a fruit-bearing tree, inside her home, covered up to her nose so that no one else would desire her." In 1991, Slim debuted on the FORBES billionaires list at $1.7 billion. Outsiders talk vaguely of an amorphous Monterrey Group: there are numerous industrial and financial groups, the exact ownership of which is often unclear because of constant intermarriage within the local lite. 51.5 million families are in this group. (Sada died a few years ago is a diving accident in the Carribean.) The businessman has a total of 6 children, three from his first marriage toNinfa Sada Garzaand three others with his current partnerMara Laura Medina. Within the Cite this article tool, pick a style to see how all available information looks when formatted according to that style. He was a partner in the Cerveceria Cuauhtemoc and was a board member of a number of other firms.