Mexican richest people increase them wealth, but they have less money

The number of Mexican richest in the global list of billionaires 2019 Fobes increased from 16 to 17 in relation to 2018. But, the amount held by Mexican entrepreneurs is less by 10 billion dollars (mdd) compared to last year.

The presence of Mexican richest in the global list of billionaires of Forbes.
The presence of Mexican richest in the global list of billionaires of Forbes.

For this year, Fernando Chico Pardo entered the prestigious group of Mexican richest, being located in the 13th place with 1,500 million dollars.

The sum of Mexican fortunes amounts in 2019 to 132 billion 500 million dollars, against 141 billion dollars accumulated by the richest in the Latin American country in 2018, Forbes said.

The businessman Carlos Slim who is Mexico richest man climbed to fifth place in the list of Forbes about billionaires 2019.

Slim, whose fortune grew out of telecommunications with the company América Móvil, had occupied the seventh box in 2018 but this year advanced two places.

"Despite having a decrease of 3.1 billion dollars in their fortune, Mexican businessman Carlos Slim Helú ranked as the fifth richest in the world," with 64 billion dollars, according to the Forbes table.

The entrepreneur Fernando Chico Pardo, owner of Grupo Aeroportuario del Sureste, was the new Mexican entry to the list, placing him in the thirteenth place in his country.

Ricardo Salinas Pliego (TV and Banco Azteca) won 4 billion dollars last year, to occupy the third place in 2019 with 11 billion 100 million dollars, and report the highest profit in his wealth for the annual list.

In contrast, Germán Larrea (mining) lost 4 billion dollars, to stay with 13 billion 300 million dollars, but retained the second place.

Several of the magnates on the list, such as Salinas Pliego and Carlos Hank Rhon (banking, food, construction), in position 10 of Forbes 2019, make up the new Business Council for the Promotion of Investment, Employment and Economic Growth created by President Andrés Manuel López Obrador in February.

The Forbes Mexico richest listing will be published in April, with at least 36 billionaires.

From mayor of Pemex to magnate; how oil union leaders get rich

On November 21, 2009, a group of men beat up Juan Antonio López, in Ciudad Madero, Tamaulipas, for denouncing the corruption of the leaders of the oil union.

"I want to make responsible the Oil Union of Section 1 and the Union of Mexico, Romero Deschamps, of artful attack that they gave me at this moment today, leaving my job," said José Antonio López, Pemex worker in Ciudad Madero, Tamaulipas.

"I manifested myself by giving out some leaflets and a march in which I was in Mexico City, it bothered them practically and obviously they saw me as the black sheep, from here in Section 1," added José Antonio López in his complaint.

After the beating, the leader of section 1, Esdras Romero Vega, ordered the early retirement of José Antonio López, even though he was 30 years old.

He also fired López's wife, who worked at the Pemex Regional Hospital in Ciudad Madero.

"Esdras Romero Vega is a spurious secretary with trade union terrorism because that was taught to them by Carlos Romero, to intimidate, to subdue that worker that goes against what they bring," said Omar Toledo, dissident oil leader.

Like José Antonio, hundreds of unionized workers of Pemex in the country have also had to face the abuses of regional leaders of the oil union that has been in control for 25 years, Carlos Romero Deschamps.

"They charge people for a contract, they charge you for an ascent to the sea, they charge you for disability, they charge you for a permit, they charge you for changing work centres," said Cecilia Sánchez, senator for Morena and a Pemex worker.

Esdras Romero Vega, leader of section 1, in Ciudad Madero has twice occupied the general secretariat and in October of last year, in a contested contest, he was elected a new union leader.

In 20 years, he has never returned to work at the Francisco I. Madero refinery, where he started in the cleaning area and climbed to the level of assistant, in the Inspection and Safety department; with level 25 in Pemex, has a salary of 30 thousand pesos per month.

During these years, he has used the structure of the oil union to fill the positions of local, federal deputy and mayor of Ciudad Madero, for the PRI. His campaign motto has been the "king of the workers", a large part of his family works at Pemex.

"He has two daughters, one daughter works, is unionized; Another daughter is of confidence level, administrative level and also has nephews working inside the Francisco I. Madero refinery. The daughters have to receive, a salary, an approximate of 11 thousand pesos more or less fourteen, said Hugo Carlos Venegas, Pemex worker and former candidate of Section 1.

In the last 10 years, Esdras Romero has bought a score of properties in Ciudad Madero, Tampico and Altamira. The value of the property exceeds 100 million pesos. In the Petrolera Chairel subdivision, on Esmeralda Street 222-A, with access to the lagoon, a residence was built with a pool and jetty. The property is in his name and has a value of 15 million pesos.

Most of the properties that Esdras Romero Vega has bought, he has written in the name of his daughters: Karen Patricia and Lizette Saraí Romero Juárez.

In 2014 he began to build three residences in the exclusive Villa Encantada subdivision, in Tampico, in the private number 128, on a land of 1,500 square meters a residence of 30 million pesos was built; in the number 123 has another, valued at 15 million pesos and the residence of the number 120 has not finished building.

In Ciudad Madero, he has a residence in Playa Caracoles, in the Fundadores division and another in Melchor Ocampo 409, Colonia Ampliación Unidad Nacional.

The United States has also been a tourist and investment destination for the oil leader and his family. They have purchased properties in the cities of Mission and Donna, Texas, which are in the name of Karen Patricia Romero.

"If we take account of the salary he gets, the salary he got in the political positions and the positions he has on the committee, if we make a sum, it seems that it would not match the life he may have" , said Hugo Carlos Venegas, a Pemex worker and ex-candidate of Section 1.