Germán Larrea Mota-Velasco

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Germán Larrea Mota-Velasco
Born (1941-07-08) July 8, 1941 (age 75)
Mexico City, Mexico
Occupation Grupo México (CEO)
Net worth Decrease US$14.2 billion (June 2015)[1]

Germán Larrea Mota-Velasco (born July 8, 1941) is a Mexican businessman.[2] He is the CEO of Grupo México, the largest mining corporation in Mexico and the third largest copper producer in the world.[3]


Germán Larrea has been Chairman of the Board of Directors, President and Chief Executive Officer of Grupo Mexico (holding) since 1994.[3] He was previously Executive Vice Chairman of Grupo Mexico and has been a member of the Board of Directors since 1981.[3]

He has served as Chairman of the Board of the Southern Copper Corporation since December 1999, CEO from December 1999 to October 2004 and as a member of the Board of Directors since November 1999.[3] He has been Chairman of the Board of Directors and CEO of Grupo Ferroviario Mexicano since 1997.[3] 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.[3]

He founded Grupo Impresa, a printing and publishing company in 1978, remaining as the Chairman and CEO until 1989, when the company was sold.[3] He is also a Director of Banco Nacional de Mexico, which forms part of Grupo Financiero Banamex, Consejo Mexicano de Hombres de Negocios, and Grupo Televisa.[3]

According to Forbes, he is worth US$16 billion.[2] He lives in Mexico City, and he is married.[2]