- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $10 Billion
What is Sara Mota de Larrea's Net Worth?
Sara Mota de Larrea is a Mexican businesswoman and entrepreneur who has a net worth of $10 billion. Sara Mota de Larrea has been listed as Mexico's richest woman. She is the widow of Jorge Larrea and controls 36% of Grupo Mexico which is the world's 7th largest copper producer. Her family also owns the biggest railroad business and oil-drilling company in Mexico. In 1999 Grupo acquired Southern Copper's parent company Asarco for $2.2 billion.
In 2012 Grupo Mexico sold over 800,000 tons of copper, 90,000 tons of zinc, and 63,000 ounces of gold. Sara and her son German own 51% of the company which has been plagued by strikes and was involved in many lawsuits. In 2012 Grupo Mexico had a revenue of over $10 billion and a net income of over $2 billion. The company has three main units: Americas Mining Corporation which operates in Mexico, Peru, and the USA, Infraestructura y Transportes Mexico which owns two railroads, and a 30% stake in airport operator Grupo Aeroportuario del Pacifico.
