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Maria Asuncion Aramburuzabala Net Worth, Biography & Wiki 2017
Maria Asuncion Aramburuzabala Larregui was born on 2 May 1963, in Mexico City, Mexico, and is a businesswoman, best known for binge the chairperson of Tresalia Capital, a company which has made investments in numerous other companies and sectors around Mexico. All of her efforts have helped put her net worth to where it is today.
How rich is Maria Asuncion Aramburuzabala? As of mid-2017, sources estimate a net worth that is at $5.2 billion, earned through her success in business; she is the second richest woman in Mexico, and ranks 270th worldwide. She continues to reinvest her money in many businesses, and as she continues her endeavors, it is expected that her wealth will also continue to increase.
Maria Asuncion Aramburuzabala Net Worth $5.2 billion
Maria is the granddaughter of Mexican brewery Grupo Modelo co-founder Felix Aramburuzabala. The brewery was founded in 1925 with Don Pablo Diez Fernandez. Her father, Pablo Aramburuzabala would become the Executive Vice President of the company. Maria attended the Instituto Tecnologico Autonomo de Mexico, and graduated with a major in Accounting.
Maria’s grandfather was the President, CEO, and major stockholder of Group Modelo until his passing. Her father passed away unexpectedly in 1995 due to lung cancer, and many groups tried to wrest control of the family’s share in Modelo. His wife and two daughters including Maria helped each other against the groups.
The family eventually created Tresalia Capital or “Three Allies”, to help diversify investments. Maria used Tresalia to make investments in large companies, and also managed private equity.
Tresalia helped create numerous companies and invested in various sectors, including real estate, venture capital and technology. The company also capitalized investment projects from young entrepreneurs. The success of Tresalia helped Maria’s net worth increase significantly.
Eventually, she also sold Grupo Modelo for a huge profit., andthen reinvested the proceeds into another beer business – Anheuser Busch InBev – continuing the family tradition in the beer business; Anheuser is now the owner company of Grupo Modelo, and has grown to be the biggest in the Mexican beer market, plus exporting beer to many countries around the world, with some of their export brands including Pacifico, Corona, and Modelo. Anheuser originally wanted to buy full control of the company, but eventually settled for a merger. However, the company is no longer allowed to export to the United States.
Tresalia has grown to become the leading family office in Mexico. Their investments continue in various markets, and Maria’s significant growth in wealth is connected to the growth of the company.
For her personal life, it is known that Aramburuzabala married Paulo Patricio Zapata Navarro in 1982; they had two children but divorced in 1997. In 2005 she married US ambassador to Mexico Tony Garza, however, the relationship didn’t last as they divorced in 2010, and is now single.