Alberto Baillères

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Alberto Baillères
Alberto Baillères.jpg
Baillères was the recipient of the 2015 Medalla de Honor Belisario Domínguez
Born (1931-08-22) 22 August 1931 (age 89)
Mexico City, Mexico
EducationCulver Military Academy
Instituto Tecnológico Autónomo de México (ITAM)
OccupationOwner, Peñoles and El Palacio de Hierro
Net worthUS$10.1 billion (January 2021)[1]
Spouse(s)Teresa Baillères
Children7, including Alejandro Baillères
Parent(s)Raúl Bailleres

Alberto Baillères (born 22 August 1931)[2] is a Mexican billionaire businessman. As of 2021, he has an estimated net worth of US$10.1 billion according to Forbes.[1] He is the chairman of Grupo BAL,[3] and of ITAM.[4]

Early life[edit]

He was born in Mexico City,[5] the son of Raúl Baillères.[1] Baillères attended Culver Military Academy, in Culver, Indiana, US. In 1953 he received a bachelor's degree in economics from Instituto Tecnológico Autónomo de México (ITAM), in Mexico City.[2][5]


Baillères took over as head of Grupo BAL aged 28, following the death of his father.[5]

He owns Grupo BAL, which controls a large number of other companies including Industrias Peñoles / Peñoles, the second most important Mexican mining company and the world's largest silver producer, El Palacio de Hierro, a chain of department stores mainly located in Mexico City, Grupo Nacional Provincial, the only entirely Mexican owned insurance company, Grupo Profuturo, a pensions and annuities business.[6] He sits on the board of directors of Fresnillo plc.[6]

He is also a head member of the board of ITAM, one of Mexico's top higher education centers and thinktank, and owner of other businesses related with financial services, agriculture and bullfighting.[6] He is the owner of the 92m yacht Mayan Queen IV.[7]

As of October 2012, Bloomberg lists Baillères as the 35th richest person in the world with an estimated net worth of US $19.3 billion.[2]

Belisario Domínguez Medal of Honor[edit]

The Senate of the Republic awarded Baillères the Belisario Domínguez Medal of Honor, Mexico's highest honor, on November 12, 2015.[8]

Personal life[edit]

Baillères is married to Teresa Gual,[9] they have seven children,[2] and lives in Mexico City.[1]

See also[edit]


  1. ^ a b c d "Alberto Bailleres Gonzalez & family". Forbes. Retrieved 22 January 2021.
  2. ^ a b c d "Bloomberg Billionaires Index". Bloomberg LP. Archived from the original on 14 December 2012.
  3. ^ "Grupo BAL". Retrieved 22 April 2017.
  4. ^ "Bienvenido a" (in Spanish). Retrieved 22 April 2017.
  5. ^ a b c "Alberto Baillères - Creating Emerging Markets - Harvard Business School". Retrieved 9 August 2017.
  6. ^ a b c Fresnillo Board biography Archived 11 May 2011 at the Wayback Machine
  7. ^ "93.25m Blohm + Voss, Mayan Queen IV photos, specs and timeline". Yacht Harbour. Retrieved 12 October 2017.
  8. ^ "La Medalla de Honor Belisario Domínguez 2015: un premio a la desigualad". La Jornada de San Luis (in Spanish). 12 November 2015. Retrieved 28 August 2020.
  9. ^ "Alberto Baillères, el multimillonario discreto". abc. 17 January 2015. Retrieved 4 January 2019.