Sure, Travis McCoy may sing about wanting “to be a billionaire, so friggin’ bad.” But there’s no wanting for several Latino entrepreneurs throughout the world. No, no. Moguls like Mexico’s Carlos Slim – the wealthiest man in the world according to Forbes – and Chile’s Iris Fontbona are among those who’ve actually gone on to become multi-billionaires. Here’s a look at the 25 richest Latinos in the world.
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There’s nothing slim about Carlos Slim Helú’s bank account. Since 2010, the 73-year-old Mexican telecommunications tycoon and philanthropist has ranked as the richest person in the world, according to Forbes magazine, with an estimated wealth of $73 billion. And Slim, who serves as the chairman and CEO of Telmex and América Móvil, has recently set his sights on conquering the world, investing $40 million in music-identifying app Shazam.
Amancio Ortega, 77
Oh how far he’s come… During his teen years, Amancio Ortega landed one of his first jobs at a shirtmaker’s shop in A Coruña, Spain. Now the 77-year-old fashion executive and founding chairman of the Inditex fashion group, the company behind the popular retail chain Zara, ranks as one of the richest people in the world. Forbes reports his earning at $57 billion.
Alberto Baillères Gonzalez, 81
Alberto Baillères Gonzalez is mining his own business all the way to the bank. The 81-year-old Mexican businessman serves as the chairman of Mexico's second largest mining company, Industrias Penoles, one of the world's largest silver miners. But there’s more to Baillères than mining. Among his diversified empire, he controls department store chain Grupo Palacio de Hierro, pension fund manager Grupo Profuturo and insurance company Grupo Nacional Provincial, among others.
Jorge Paulo Lemann, 73
Cheers to Jorge Paulo Lemann! The 73-year-old Brazilian banker is his country’s richest man, with an estimated net worth of $17.8 billion. Lemann founded the investment banking form Banco Garantia, “a Brazilian version of Goldman Sachs,” according to Forbes. But Latin American men may appreciate the former competitive tennis player as the man who bought controlling interest in a Brazilian brewery that would go on to become AmBev.
Iris Fontbona, 70
Iris Fontbona is officially the richest Latina in the world. The 70-year-old Chilean businesswoman, who inherited her husband Andronico Luksic’s business empire after he died of cancer in 2005, and her three sons have an estimated net worth of $17.4 billion. The family controls one of the world's largest copper miners, Antofagasta. Fontbona and her sons also have a majority stake in Quinenco, a consumer packaging and beverage maker.
German Larrea Mota, 72
German Larrea Mota is one of the golden men of copper. The 72-year-old Mexican businessman – who has a net worth of $16.7 billion, according to Forbes – serves as the largest mining corporation in his native country and the third largest copper producer en el mundo, Grupo México.
Luis Carlos Sarmiento, 80
Luis Carlos Sarmiento, the wealthiest man in Colombia and one of his country’s most prudent entrepreneurs, has a net worth of $13.9 billion, according to Forbes. The 80-year-old businessman is the majority shareholder and president of Grupo Aval Acciones y Valores, SA, one of the biggest banking conglomerates in Colombia. It’s no wonder he’s heralded as Colombia’s banking guru.
Antônio Ermírio de Moraes, 85
Sure he’s the grandfather of racecar driver Mario Moraes, but Antônio Ermírio de Moraes is better known as one of the richest men in the world. The 85-year-old Brazilian businessman serves as the chairman of the Votorantim Group, one of the South American country’s largest companies, specializing in cement, paper, metals and frozen orange juice.
Alejandro Santo Domingo, 36
He may not be the richest Latino in the world, but Alejandro Santo Domingo is definitely the youngest Latino billionaire. The 36-year-old Colombian American financier manages the Santo Domingo Group, his family’s conglomerate, He also chairs the board of Grupo Empresarial Bavaria S.A., a privately owned subsidiary of the South African multinational brewing and beverage company SABMiller, of which he serves as vice-chairman for Latin America.
Regina de Camargo Pires Oliveira Dias, Renata de Camargo Nascimento and Rosana Camargo de Arruda Botelho
In the wake of the death of their mother Dirce Navarro de Camargo, who passed away in April at the age of 100, are poised to inherit their madre’s massive fortune. Camargo – who’d inherited industrial conglomerate Camargo Correa SA after her husband’s death in 1994, controlled a fortune estimated at $11.5 billion, according to Forbes. The company’s portfolio includes construction, crude oil, natural gas and Alpargatas SA, which manufactures Havaianas flip-flops.
Eike Fuhrken Batista, 56
Life’s a gas for Eike Fuhrken Batista. The 56-year-old Brazilian business mogul has an estimated net worth of $10.6 billion, mainly from his mining and gas exploration endeavors. Batist’s net worth peaked at $30.6 billion in early 2012, but dropped dramatically this year due to his company EBX Group’s plummeting stock prices.
Ricardo Salinas Pliego, 57
Ricardo Salinas Pliego, the 57-year-old Mexican president and CEO of Salinas Group, has a net worth of $9.9 billion, according to Forbes. Pliego’s company has a catalog of assets that includes media, financial services, specialized retail and telecommunications. Salinas is best known for launching TV Azteca, Mexico's second largest network broadcaster and one of the world's top producers of Spanish-language television.
Marcel Herrmann Telles, 63
Marcel Herrmann Telles is a beer man through and through. The 63-year-old Brazilian businessman shares controlling interest in Anheuser-Busch InBev, the world's largest beer company, with business partners Jorge Paulo Lemann and Carlos Alberto Sicupira. Telles’ net worth is estimated at $9.1 billion, according to Forbes.
João Robert Marinho, Roberto Irineu Marinho and Jose Roberto Marinho
Call them the “Billionaire Brothers.” João Robert Marinho, Roberto Irineu Marinho and Jose Roberto Marinho control Latin America’s largest media group Rede Globo. The Brazilian brothers, who inherited the company from their father after his death in 2003, basically have a lock on about half of Brazil's television market. In addition, they own O Globo, a newspaper inRio de Janeiro. Roberto, the oldest of the three, leads the media empire as Globo's CEO and owns gourmet coffee producer Sertaozinho Farm. João serves as chairman of the Editorial Board. And Jose leads the family’s non-profit, the Roberto Marinho Foundation, which supports educational and cultural causes. Each has an estimated worth of more than $8.5 billion.
Carlos Alberto Sicupira, 65
Let’s raise our mugs to Carlos Alberto Sicupira, the 65-year-old Brazilian businessman who shares control of Anheuser-Busch InBev with business partners Jorge Paulo Lemann and Marcel Telles. In February 2013, Sicupira and his partners’ investment firm 3G Capital joined forces with Warren Buffett to buy Heinz. Sicupira’s net worth is valued $7.9 billion.
Eva Gonda Rivera
Eva Gonda Rivera is officially on the list. The Mexican businesswoman with a net worth of $6.6 billion is one of the newest faces on Forbes’ Billionaires list. The widow of Eugenio Garza Laguera – the former chair of Latin America's largest beverage company Femsa and the biggest independent Coca-Cola distributor in the region who died in 2008 – now has stake in the company, along with her four daughters. Together the ladies have 50% stake of Femsa's B shares, which are traded in Mexico and on the New York Stock Exchange.
Eduardo Belmont Anderson
Eduardo Belmont’s bank account is a thing of beauty… That’s because the Peruvian businessman is one of his country’s richest men, with an estimate worth of $6.1 billion. Belmost owns Belcorp, a door-to-door cosmetics company that operates in 15 Latin American countries and the United States.
Rosalía Mera, 69
Rosalía Mera may have divorced fellow billionaire Amancio Ortega Gaona, but not before the couple launched the multi-billion-dollar corporation, Inditex and the Zara brand. The 69-year-old Spanish former-designer-turned-businesswoman still owns a stake in the company, which helps build up her net worth to $6.1 billion.
Carlos Alberto and Alejandro Pedro Bulgheroni
Carlos Alberto Bulgheroni and Alejandro Pedro Bulgheroni earn a majority of their net worth, estimated to be $5.5 billion, from their stake in Pan American Energy, Argentina's second largest energy company. Pan American Energy is the result of a merger in 1997 between Alejandro serves as the vice president of the Bridas Corportation, which was founded by his father in 1948. Meanwhile, Carlos was responsible for closing the sale of 50% of Bridas to Chinese oil company CNOOC in 2010.
Juan Roig, 63
Spain’s third-most wealthiest man Juan Roig has a net worth of $5.5 billion. The self-made billionaire earned the majority of his money from Mercadona, Spain’s largest grocery store chain, which responded to the country's financial crisis by cutting prices in stores by 14%, as a way of helping his countrymen get through the squeeze..