She also has investments in real estate, banking, and other industries.
Sara Mota de Larrea is a Mexican businesswoman and entrepreneur with an estimated net worth of $10 billion, making her Mexico's richest woman. She is the widow of Jorge Larrea and holds a 36% stake in Grupo Mexico, the world's 7th largest copper producer. In addition to her copper investments, she also has investments in real estate, banking, and other industries.
Sara Mota de Larrea is a member of Richest Billionaires
Age, Biography and Wiki
💰 Net worth: $10 Billion (2024)
Sara Mota de Larrea, a prominent entrepreneur and businesswoman, is believed to have a net worth of $10 billion in 2024. Known for her astute investment skills, she possesses substantial holdings in various sectors, including real estate, banking, and other industries. Sara's knack for identifying lucrative opportunities in the market has allowed her to build an impressive empire, diversifying her portfolio across multiple sectors. With her significant presence in the real estate industry, she has acquired prime properties globally, contributing to her substantial net worth. Furthermore, her ventures in banking and other industries have proven immensely successful, solidifying her position as one of the most influential and wealthy individuals in the business world.
Her family also owns the biggest railroad business and oil-drilling company in Mexico. In 1999 Grupo acquired Southern Copper's parent company Asarco for $2.2 billion. In 2012 Grupo Mexico sold over 800,000 tons of copper, 90,000 tons of zinc, and 63,000 ounces of gold. Sara and her son German own 51% of the company which has been plagued by strikes and was involved in many lawsuits. In 2012 Grupo Mexico had a revenue of over $10 billion and a net income of over $2 billion. The company has three main units: Americas Mining Corporation which operates in Mexico, Peru, and the USA, Infraestructura y Transportes Mexico which owns two railroads, and a 30% stake in airport operator Grupo Aeroportuario del Pacifico.
