Germán Larrea Mota-Velasco
Encyclopedia
Germán Larrea Mota-Velasco (born July 8, 1941) is a Mexican
Mexican people
Mexican people refers to all persons from Mexico, a multiethnic country in North America, and/or who identify with the Mexican cultural and/or national identity....

 businessman. He is the CEO of Grupo México
Grupo México
Grupo México is the largest mining corporation in Mexico and the third largest copper producer in the world.Ferrocarril Mexicano , the company's rail transport division, operates the nation's largest rail fleet.-History:...

, the largest mining corporation in Mexico
Mexico
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...

 and the third largest copper
Copper
Copper is a chemical element with the symbol Cu and atomic number 29. It is a ductile metal with very high thermal and electrical conductivity. Pure copper is soft and malleable; an exposed surface has a reddish-orange tarnish...

 producer in the world.

Biography

Germán Larrea has been Chairman of the Board of Directors, President and Chief Executive Officer of Grupo Mexico (holding) since 1994. He was previously Executive Vice Chairman of Grupo Mexico and has been a member of the Board of Directors since 1981.

He has served as Chairman of the Board of the Southern Copper Corporation
Southern Copper Corporation
Southern Copper Corporation is a mining company originally founded in 1952. The current incarnation Southern Copper can be traced to the 2005 acquisition of Mexican copper producer Minera México by Southern Peru Copper Corporation....

 since December 1999, CEO from December 1999 to October 2004 and as a member of the Board of Directors since November 1999. He has been Chairman of the Board of Directors and CEO of Grupo Ferroviario Mexicano
Ferromex
Ferromex is a private rail consortium that operates the largest railroad in Mexico.-Description:...

 since 1997. He is also Chairman of the Board of Directors and CEO of Empresarios Industriales de Mexico, Compania Perforadora Mexico, Mexico Compania Constructora, and Fondo Inmobiliario since 1992.

He founded Grupo Impresa, a printing and publishing company in 1978, remaining as the Chairman and CEO until 1989, when the company was sold. He is also a Director of Banco Nacional de Mexico, which forms part of Grupo Financiero Banamex
Grupo Financiero Banamex
Grupo Financiero Banamex S.A. de C.V. has its origins and is the owner of Banco Nacional de México or Banamex, Mexico's second largest bank behind BBVA Bancomer. The Banamex Financial Group was purchased by Citigroup in August 2001 for $12.5 billion USD...

, Consejo Mexicano de Hombres de Negocios, and Grupo Televisa.

According to Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

, he is worth US$16 billion. He lives in Mexico City
Mexico City
Mexico City is the Federal District , capital of Mexico and seat of the federal powers of the Mexican Union. It is a federal entity within Mexico which is not part of any one of the 31 Mexican states but belongs to the federation as a whole...

, and he is married.
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