Roberto Gonzalez Barrera

About Roberto Gonzalez Barrera

Birth Place: Mexico

Roberto Gonzalez Barrera Net Worth

Roberto Gonzalez Barrera was born in Mexico. Roberto Gonzalez Barrera founded and runs Gruma, the world's largest tortilla maker; brand names include Mission, Guerrero and Maseca. U.S. agricultural commodities powerhouse Archer Daniels Midland is a 23% shareholder. The majority of Gonzalez Barrera's wealth, however, comes from his stake in Banorte, a successful Mexican bank that earlier in its history was owned by the Mexican government. In 2011, he returned to the billionaires list after a hiatus of more than a decade, based on the strength of Banorte's stock. This valuation includes his shares alone, and not those of his children.
Roberto Gonzalez Barrera is a member of Finance

💰 Net worth: $1.9 Billion

2011 $2 Billion
2012 $1.9 Billion
2018 $1.9 Billion

Some Roberto Gonzalez Barrera images

Biography/Timeline

1948

After convincing his Father, they bought their first corn mill in 1948 for 75,000.00 pesos (the peso-dollar exchange rate fluctuated between $4.85 and $6.95), and took it to Cerralvo, where he started what is now Maseca, the company that manufactures and markets one out of every four corn tortillas in Europe, Asia and Central America. For starting it off they had to sell all of their other businesses, and when they ran out of money, a friend he had made in Cerralvo, General Bonifacio Salinas Leal, governor of Nuevo León, lent them money and kept some of the company's stock that, years later, would sell back to them again. Thus began a long relationship with politicians, which is one of the most repeated criticism that is made to Gonzalez Barrera: leveraging his political connections for his company's growth.

1976

His son Roberto González Sr. was a racecar driver, finishng third at the 1976 12 Hours of Sebring. His grandsons Ricardo González Valdez and Roberto González Valdez are also racecar drivers.

1992

He entered the Billionaire's club not with the tortilla Business, however, but through the Banorte financial group of which, since 1992 he has been the main shareholder, and the only Mexican bank to remains in Mexican ownership after the economic crisis of 1995. Its equity stake in Banorte, the third largest bank in Mexico, returned Gonzalez Barrera to 2011's Forbes list of billionaires, and that fact changed the nature of his wealth.

2012

Some health and family problems threaten Maseca (where 23% of the stock is owned by U.S. conglomerate Archer Daniels Midland). and most of the remainder is split in half, with 50% held by his first wife, from whom he never divorced. González Barrera died in Houston, Texas, on 25 August 2012 from complications of cancer, he was 81 years old.