He is the founder and chairman of Grupo Industrial Maseca, a Mexican conglomerate that produces corn flour and other food products. His family also owns stakes in several other companies, including Grupo Financiero Banorte and Grupo Televisa.
Antonio Del Valle Ruiz and his family are Mexican billionaires with a net worth of $5.4 billion. Antonio is the founder and chairman of Grupo Industrial Maseca, a Mexican conglomerate that produces corn flour and other food products. His family also has stakes in Grupo Financiero Banorte and Grupo Televisa, making them one of the wealthiest families in Mexico. This year, Antonio joins the billionaires' ranks for the first time.
Antonio Del Valle Ruiz & Family is a member of Richest Billionaires
Age, Biography and Wiki
💰 Net worth: $5.4 Billion (2024)
Antonio Del Valle Ruiz is a prominent figure in the business world, with an estimated net worth of $5.4 billion as of 2024. As the founder and chairman of Grupo Industrial Maseca, a Mexican conglomerate, Ruiz has played a pivotal role in the success and growth of the company. Known for its corn flour and other food products, Grupo Industrial Maseca has established itself as a leader in the industry both domestically and internationally. Under Ruiz's leadership, the company has achieved significant milestones, contributing to his exceptional net worth and solidifying his status as a prominent entrepreneur.
He made his beginnings in banking, being one of the few who survived the nationalization in the early 1980s and then the peso's collapse in the mid-1990s. It was in 2002 that he decided to sell Grupo Financiero Bital to HSBC Holdings and now, he holds a share in Grupo Financiero BX+, a new banking venture and the Spanish bank Popular Español. Aside from banking, he has acquired interests in manifold industrial producers. Along with his six children, he has a $4 billion stake in chemical maker Mexichem, which is one of the largest makers of plastic tubes in the world with a market cap of $7.8 billion. Furthermore, he holds stakes in chemical distributor Grupo Pochteca, as well as serves as honorary chairman of a number of his companies while letting his children to take care for daily operations.
