Ricardo Salinas Pliego Net Worth is
Ricardo Salinas Pliego Bio/Wiki 2018
Mexican businessman Ricardo Salinas Pliego has an estimated net worth of $9.9 billion. Based on Forbes.com, he is #111 around the World Billionaires List (#37 in 2012). Then he earned his MBA from Tulane University. He succeeded his father as the CEO of Grupo Elektra in 1987. The business was established in 1906 and was called Salinas and Rocha. It started as a furniture manufacturing firm which later expanded into consumer appliances. Upon his chairmanship, he refocused the company to manufacturing basic products; appliances, electronics and furniture while targeting Mexico’s lower middle income consumers. He has supplied credit sales together with varied financial products and services by including a consumer finance arm.
Ricardo Salinas Pliego Net Worth $9.9 Billion
Mr. Pliego has also been the chairman of TV Azteca, one of the world’s two largest producers of Spanish-language TV programs, since 1993. The network launched Azteca America 2001. It became a popular Spanish-language station in the U.S. with affiliate in 62 markets that contained Los Angeles, New York, Chicago, Miami and Houston. Ricardo Salinas Pliego also takes charge on Unefon, a telecommunications company, together with Grupo Iusacell, a wireless communications business. In April 2012, he also purchased Advance America, the largest cash advance company in the U.S. He is a philanthropist whose Azteca Foundation boosts youth orchestra across Mexico.