Sara Mota de Larrea Net Worth

Sara Mota de Larrea Net Worth – A Mexican Businesswoman’s Fortune

Introduction

Sara Mota de Larrea is widely recognized as Mexico’s richest woman with an astounding net worth of $10 billion. Born in Mexico, she established herself as a prominent businesswoman and entrepreneur, gaining control over Grupo Mexico, the world’s 7th largest copper producer. In addition to her significant interest in the mining industry, Mota de Larrea’s family also owns the largest railroad business and oil-drilling company in Mexico.

Highlights

– Sara Mota de Larrea is Mexico’s richest woman with a net worth of $10 billion.
– She controls 36% of Grupo Mexico, the world’s 7th largest copper producer.
– Her family owns Mexico’s biggest railroad business and oil-drilling company.
– Grupo Mexico acquired Southern Copper’s parent company, Asarco, for $2.2 billion.
– Mota de Larrea and her son German own 51% of Grupo Mexico.
– The company operates in Mexico, Peru, and the USA, owning two railroads and a stake in Grupo Aeroportuario del Pacifico, an airport operator.

Early Life

Unfortunately, detailed information about Sara Mota de Larrea’s early life, including her birthdate and birthplace, is not readily available. However, her impressive achievements and the accumulation of tremendous wealth in the mining industry reflect her business acumen and dedication.

Career

Sara Mota de Larrea’s stellar career revolves around her association with Grupo Mexico, a prominent player in the mining, railroad, and oil industries. After the passing of her husband, Jorge Larrea, Mota de Larrea assumed control over the company, effectively managing its operations and contributing to its remarkable success.

Grupo Mexico, under Mota de Larrea’s leadership, saw significant growth and expansion. In 1999, the company acquired Asarco, Southern Copper’s parent company, for a whopping $2.2 billion. This strategic move further solidified Grupo Mexico’s position as a major player in the global mining industry.

In 2012 alone, Grupo Mexico sold over 800,000 tons of copper, 90,000 tons of zinc, and 63,000 ounces of gold. The company reported a revenue of over $10 billion and a net income of over $2 billion. Despite its success, Grupo Mexico has faced challenges such as strikes and legal disputes throughout its operating history.

Mota de Larrea, along with her son German, holds a 51% ownership stake in Grupo Mexico. Their visionary leadership has ensured the company’s continued growth and prominence in the industry. Additionally, the company operates through three main units: Americas Mining Corporation, which conducts operations in Mexico, Peru, and the USA; Infraestructura y Transportes Mexico, which owns two railroads; and a 30% stake in Grupo Aeroportuario del Pacifico, an airport operator.

Personal Life

Relatively little information is available regarding Sara Mota de Larrea’s personal life. However, it is known that she was married to Jorge Larrea, who played a significant role in the growth and success of Grupo Mexico before his passing.

Net Worth Over Time

Sara Mota de Larrea’s net worth has seen incredible growth over the years, thanks to her business endeavours and ownership of Grupo Mexico. With an estimated net worth of $10 billion, she has secured her position as Mexico’s richest woman. Her leadership and strategic decisions have played a pivotal role in Grupo Mexico’s significant financial successes.

Components of Net Worth

The primary components of Sara Mota de Larrea’s impressive net worth include her ownership stake in Grupo Mexico, which controls 36% of the world’s 7th largest copper producer. Additionally, her family’s ownership of the largest railroad business and oil-drilling company in Mexico further contributes to her overall wealth. These combined assets have resulted in a net worth of $10 billion, making her one of the wealthiest individuals in Mexico.

In conclusion, Sara Mota de Larrea’s outstanding business acumen and entrepreneurial spirit have enabled her to accumulate a net worth of $10 billion. Her control over Grupo Mexico, along with her family’s ownership of major businesses in the oil, railroad, and mining industries, positions her as an influential figure in Mexico’s economic landscape. Despite facing challenges and legal disputes, Mota de Larrea’s remarkable success demonstrates her ability to navigate complex industries and amass substantial wealth.

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