Germán Larrea and Grupo México
Germán Larrea's family holds about 60% of Grupo México, which owns Southern Copper and Mexico's largest railways 47.
Full nameGermán Larrea Mota-Velasco
NationalityMexico
Known forChairman and CEO of Grupo México
Germán Larrea's companies
| Company | Role |
|---|---|
| Grupo México | Chairman, president and CEO since 1994; family holds about 60% |
| Southern Copper | Chairman since December 1999 |
| Grupo Ferroviario Mexicano | Took over the rail business in 1997 |
| Cinemex | Controls the cinema chain |
Grupo México
Grupo México reported revenue of $18.177 billion for 2025. It mines copper, silver and zinc through Southern Copper and runs freight railways and infrastructure businesses 47.
Asarco
In 1999 the group bought Asarco for $2.2 billion, which gave it its stake in Southern Copper. Asarco went bankrupt in 2005 and Grupo México regained control in 2009 5.
Frequently asked questions
About 60%, according to El Cronista.
A Mexican mining company that is one of the world's largest copper producers, with railways and infrastructure arms.
Sources✓ Verified 14 Nov 2026
1 El Cronista, El boom de los metales impulsa la fortuna de Germán Larrea, 1 Jan 1970, 60% stake, revenue
2 Bloomberg, Bloomberg Billionaires Index: Germán Larrea, 1 Jan 1970, Asarco
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