| Alberto Baillères | |
| Birth Name: | Alberto Baillères González |
| Birth Date: | 1931 8, df=yes |
| Birth Place: | Mexico City, Mexico |
| Death Place: | Mexico City, Mexico |
| Education: | Culver Military Academy Instituto Tecnológico Autónomo de México (ITAM) |
| Occupation: | Owner, Peñoles and El Palacio de Hierro |
| Spouse: | Teresa Baillères |
| Parents: | Raúl Baillères |
| Children: | 7, including Alejandro Baillères |
Alberto Baillères González (22 August 1931 – 2 February 2022) was a Mexican billionaire businessman., he had an estimated net worth of US$10.1 billion according to Forbes.[1] He was the chairman of Grupo BAL,[2] and of ITAM.[3]
Baillères was born in Mexico City[4] on 22 August 1931, as the son of Raúl Baillères.[1] Baillères attended Culver Military Academy, in Culver, Indiana, US. In 1953 he received a bachelor's degree in economics from the Instituto Tecnológico Autónomo de México (ITAM, a school founded by his father), in Mexico City.[4]
He took over as head of Grupo BAL aged 28, following the death of his father.[4]
Baillères owned Grupo BAL, which controls a large number of other companies including Industrias Peñoles / Peñoles, the second most important Mexican mining company and the world's largest silver producer, El Palacio de Hierro, a chain of department stores mainly located in Mexico City, Grupo Nacional Provincial, the largest insurance company in Mexico, Grupo Profuturo, a pensions and annuities business.[5] He sat on the board of directors of Fresnillo plc.[5]
He was also a head member of the board of ITAM, one of Mexico's top higher education centers and thinktank, and owner of other businesses related with financial services, agriculture and bullfighting.[5] He was the owner of the 92m yacht Mayan Queen IV.[6]
In October 2012, Bloomberg listed Baillères as the 35th richest person in the world with an estimated net worth of US $19.3 billion.[7]
The Senate of the Republic awarded Baillères the Belisario Domínguez Medal of Honor, Mexico's highest honor, on November 12, 2015.[8]
Baillères was married to Teresa Gual,[9] they had seven children,[7] and lived in Mexico City.[1]
He died on 2 February 2022, at the age of 90.[10]