Net worth
$66.9B
Forbes Real-Time · as of Sep 24, 2026
Latest moves
No moves from Germán Larrea Mota Velasco & family in the digest yet. The archive grows every morning.
Recent SEC filings
SEC filings · last 90 days
Awarded 400 SCCO
Form 4 insider trades post within 2 business days. 13F fund holdings can arrive 45 days after quarter end. New to filings? Read Filings 101.
Footprint
Companies
Grupo México, S.A.B. de C.V.GMEXICO B · Bolsa Mexicana de Valores · Chairman & CEO · Germán Larrea beneficially… · as of Dec 2025
source ↗More
- Ticker
- GMEXICO B
- Exchange
- Bolsa Mexicana de Valores
- Role
- Chairman & CEO (since 1994); Larrea family directly and indirectly controls a majority of votes (via EIM)
- Stake
- Germán Larrea beneficially owns 1,508,070,283 shares = 19.03% (family control via EIM is additional/majority)
- Stake as of
- 2025-12-31
Southern Copper CorporationSCCO · NYSE (also Lima) · Chairman of the Board · 88.9% · as of Jul 2026 · $201.58 ▼ 0.18%
source ↗More
- Ticker
- SCCO
- Exchange
- NYSE (also Lima)
- Role
- Chairman of the Board (since Dec 1999); Grupo México owns 88.9% through Americas Mining Corp.; Larrea holds 404,926 shares directly
- Stake
- 88.9% via Grupo México/AMC; 404,926 shares held directly by Larrea
- Stake as of
- 2026-07-24
Grupo Ferroviario Mexicano, S.A. de C.V. (Ferromex)Chairman & CEO since 1997
source ↗GMéxico Transportes (GMXT) - Ferromex, Ferrosur, Florida East Coast Railway, Texas PacíficoGMXT · Bolsa Mexicana de Valores · Grupo México transport division spun…
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- Ticker
- GMXT
- Exchange
- Bolsa Mexicana de Valores
- Role
- Grupo México transport division spun off 2017; partly owned by entities tied to Carlos Slim
Asarco LLCUS copper subsidiary of Grupo México
source ↗More
- Role
- US copper subsidiary of Grupo México (via Americas Mining Corp.)
México Proyectos y Desarrollos (Grupo México infrastructure division)Drilling, fuel terminals, power…
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- Role
- Drilling, fuel terminals, power plants, wind farms, toll roads; worked on Tren Maya
Operadora de Cinemas S.A. de C.V. (cinema operator)Controlled by the Larrea family · as of 2025
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- Role
- Controlled by the Larrea family (related-party disclosure)
- Stake as of
- 2025
Boutique Bowling de México S.A. de C.V.Entertainment company controlled by… · as of 2025
source ↗More
- Role
- Entertainment company controlled by the Larrea family
- Stake as of
- 2025
México Transportes Aéreos S.A. de C.V. (Mextransport)Aviation services company controlled… · as of 2025
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- Role
- Aviation services company controlled by the Larrea family; paid $2.6M by SCCO in 2025
- Stake as of
- 2025
Stakes
Compañía Minera Coimolache S.A. (Tantahuatay gold mine, Peru) - via Southern Copper44.2% · as of 2025
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- Stake
- 44.2% (SCCO)
- Stake as of
- 2025
Investment vehicles
Empresarios Industriales de México, S.A. de C.V. (EIM)holding co
source ↗More
- Type
- holding co
- Notes
- Largest shareholder of Grupo México; Larrea family directly controls majority of EIM capital; Larrea is Chairman & CEO since 1992
Fondo Inmobiliarioholding co
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- Type
- holding co
- Notes
- Real estate company; Larrea Chairman & CEO since 1992
Americas Mining Corporation (AMC)holding co · CIK 0001251594
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- Type
- holding co
- Notes
- Wholly owned by Grupo México; holds 728,272,152 SCCO shares (88.9%). EDGAR entity exists; no 13F-HR seen
Grupo México, S.A.B. de C.V. (EDGAR filer)holding co · CIK 0001042701
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- Type
- holding co
- Notes
- Files SC 13D/Form 4 on SCCO (last 2021); separate ADR registrant CIK 0002095746 filed F-6EF in Nov 2025 and Mar 2026 (ADR program)
Private deals
Larrea/Grupo México proposal to buy Banamex from Citigroup was rejected by Citi (Oct 9, 2025)Oct 2025
source ↗Southern Copper (via SPCC Peru branch) issued $1.25B 5.350% senior notes due 2036 to fund Tía MaríaJun 2026
source ↗Grupo México ADR program registered (Form F-6EF)Nov 2025
source ↗Trophies
St. George Stable (Thoroughbred racing); mare Letruska won the Grade I Apple Blossom Handicap (2021)
source ↗Legal & regulatory
Tía María (Arequipa, Peru): eight lawsuits seek to annul the project's EIA/concession/construction license; project…
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- In full
- Tía María (Arequipa, Peru): eight lawsuits seek to annul the project's EIA/concession/construction license; project ~71% earthworks progress, operations expected H2 2027
2014 Sonora River spill (Buenavista del Cobre): SEMARNAT criminal complaint (2023) plus pending collective and civil…
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- In full
- 2014 Sonora River spill (Buenavista del Cobre): SEMARNAT criminal complaint (2023) plus pending collective and civil suits; company set up $150M trust
SCCO pledged up to MXN 1.5B (~$87M) 'solidarity contribution' to Sonora state programs (Jan 2026); MXN 500M paid to…
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- In full
- SCCO pledged up to MXN 1.5B (~$87M) 'solidarity contribution' to Sonora state programs (Jan 2026); MXN 500M paid to IMSS Feb 2026
SCCO in talks with Mexican administration to proceed with $10.2B of Mexican investments; El Pilar (Sonora) permitted
source ↗Los Chancas (Apurímac, Peru) stalled by illegal miners in project area
source ↗Asarco responsible for ~20 US Superfund sites; 2006 Pasta de Conchos mine disaster (65 dead); 2019 Sea of Cortez…
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- In full
- Asarco responsible for ~20 US Superfund sites; 2006 Pasta de Conchos mine disaster (65 dead); 2019 Sea of Cortez sulfuric acid spill (older, historic)
Giving
Fundación Grupo México, A.C. (SCCO donated $0.5M in 2025)
source ↗Research gaps: Grupo México and Southern Copper IR sites blocked (Cloudflare 403) so GMXT/Grupo México 2026 deals and exact Q3 dates are unverified; web search budget was exhausted. Ferrosur 2023 government track seizure not sourced so omitted. No reputable real-estate reporting found. Cinemex ownership only via 'Operadora de Cinemas' related-party disclosure. Family-level EIM stake % not disclosed.
Prices via Finnhub · as of Sep 24, 2026 4:00 PM ET. For information only.
What to watch
Southern Copper Q3 2026 earnings (Q2 was released July 21-22; date TBA)late October 2026 (expected)
source ↗El Pilar (Sonora) early site works began Sept 2026; construction Q1 20272026-09 onward
source ↗Tía María construction progress and litigation (start-up H2 2027)
source ↗New SCCO CEO Leonardo Contreras Lerdo de Tejada (Larrea's son-in-law) appointed April 23, 2026 after Oscar González…
source ↗More
- In full
- New SCCO CEO Leonardo Contreras Lerdo de Tejada (Larrea's son-in-law) appointed April 23, 2026 after Oscar González Rocha's death; compensation terms pending
SCCO quarterly dividend: $1.10 cash + 0.0120 stock dividend paid Aug 27, 2026; next declaration expected ~Oct 2026Oct 2026 (expected)
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