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50 Most Famous Hispanic Entrepreneurs

Did you know that some of the world’s most successful entrepreneurs are Hispanic? By 2050, JPMorgan Chase estimates that 29% of the U.S. population will be Latino entrepreneurs.

Here are the 50 most famous Hispanic entrepreneurs. They are in order from least net worth to the most, because we’ve saved the richest for last!

Top 50 Famous Hispanic Entrepreneurs

1. Melissa Flores ($1-3MM)
DOB: November 5, 1988
Company: Sunday Energy
Industry: Jewelry / Digital Marketing

Melissa Flores is a popular YouTube star from the Dominican Republic. She’s used her internet fame to launch an online store called Sunday Energy. This store sells jewelry and clothing.

The jewelry is unique in that after you receive your piece (earrings, necklace, etc.), you have the “opportunity to set your own personal intentions” for the piece so you remember your intention when you where the item. (She let’s people know about the intentions on her About page of SundayEnergy.co.)

She also has a blog called Super Glam News. On this blog, she sells courses on how to become a successful influencer. With these businesses, she’s estimated to have accumulated a net worth of about $1-3 million.

2. Geisha Williams ($1.14MM)
DOB: 1962
Company: Pacific Gas and Electric Company
Industry: Energy

Geisha Williams is one of the most legendary Latinx entrepreneurs in America. (That’s according to the Association of Latino Professionals.)

The Cuban-born refugee is known as the former CEO of Pacific Gas and Electric Company. This job made her the first Latina CEO of a Fortune 500 company. During this time, she built up a net worth of about $1.14 million.

Her interest in the industry began when she worked summers at a Miami power company. So proud of this woman’s success in a very male-dominated energy and power industry! Geisha proves that stereotypes are often wrong.

3. Matias De Tezanos ($1.2MM)
DOB: November 11, 1979
Company: AutoWeb
Industry: Digital Marketing

Matias De Tezanos was studying dentistry when he first discovered the internet. He was soon building websites for small businesses. Things grew from there, and today, he’s founded over 10 internet-based companies. The most notable of these is Autobytel, Inc. This company specializes in automotive marketing.

He also founded Hoteles.com, which was later purchased by Expedia. After this deal, his net worth rose to about $1.2 million.

He currently is on the boards of 19 companies.

4. Carlos Gaytan ($1.9MM)
DOB: 1970
Company: Tzuco
Industry: Restaurants

Carlos Gaytan is the first Mexican chef to win a Michelin star. I love his story because Carlos is entirely self-made. He moved to the United States at 20, and started from nothing. He worked as a dishwasher in Chicago restaurants and worked his way up to head chef.

In 2008, he opened his first restaurant, Mexique, where he earned the coveted Michelin star. Unhappy with the direction of the business, he shut it down a year later. He then founded Tzuco restaurant in Chicago which has been a “must” stop for tourists and locals alike, Ha’ Restaurant in Mexico, and was rumored to be opening a restaurant in California. Ha’ Restaurant is the first restaurant of Hotel Xcarat Mexico to receive the AAA 5 Diamond Certification.

From these businesses, he’s earned a net worth of approximately $1.9 million.

5. Rea Ann Silva ($3MM)
DOB: 1961
Company: Rea. Deeming Beauty
Industry: Beauty

The egg-shaped makeup sponge. We’ve all seen it or used it. Rea Ann Silva invented it. She changed the way millions of people apply their makeup foundation.

Rea Ann, a single mother, was working doing makeup for television when she invented this unique makeup sponge. This sponge (known as the Beauty Blender) allows you to apply makeup faster. It also absorbs less makeup than other sponges, allowing you to save both time and money.

Today, Rea has sold millions of her sponges and built up a net worth of $3 million.

6. Vic Latino ($3MM)
DOB: May 17, 1975
Company: JVC Broadcasting
Industry: Radio

Vic Latino is a radio DJ from Long Island, New York. He’s also the co-founder of JVC Broadcasting. This company owns 5 radio stations in New York and 12 in Florida. He’s also released several mix albums and DJs in clubs from time to time. Over his long career, Vince has earned a net worth of about $3 million.

7. Maria Contreras-Sweet ($3.5MM)
DOB: 1955
Company: ProAmérica Bank
Industry: Banking

Born in Mexico, Maria Contreras-Sweet started her career at the RC Bottling Company. She eventually became senior vice president of public affairs. After that, she founded ProAmérica Bank. This was one of the first Hispanic-owned banks in the United States.

Maria was also nominated by former president Barack Obama as head of the small business administration. She has a net worth of $3.5 million.

8. Martha De La Torre ($3-5MM)
DOB: July 13, 1957
Company: El Clasificado
Industry: Media

Martha De La Torre is the founder of El Calsificado. She started her career as an accountant at La Opinion newspaper. This experience gave her the idea to start a newspaper with Spanish classified ads.

Initially, the paper struggled. She even had to sell her house. But after several years, the business became profitable. Today, El Calsificado generates around $20 million in revenue per year. This has given her a net worth of about $3-5 million.

9. José Wilfredo Flores ($6.6MM)
DOB: 1966
Company: W Concrete
Industry: Construction

José Wilfredo Flores built W Concrete, one of the largest Latino-owned businesses in the United States. Even more impressive, he started from nothing. At the age of 14, he fled El Salvador with no money. (He now has a net worth of $6.6 million.)

At 15, he worked in construction, using fake documents. By 25, he was the foreman and supervised a crew of 60. Eventually, he took out a bank loan and started W Concrete.

This company is now one of the biggest concrete contractors in Maryland.

10. Jordi Muñoz ($15MM)
DOB: 1987
Company: 3D Robotics
Industry: Tech

Jordi Munoz was fascinated by electronics from a young age. After relocating to southern California in 2007, he had to wait several months for a green card. He spent this time doing electronics projects. One of these involved designing and building a homemade drone with parts he salvaged from a video game console.

Jordi uploaded videos of his drones onto social networks like Facebook. This caught the attention of investor Chris Anderson. Together, they founded the drone company 3D Robotics. Because of this, Jordi now has a net worth of about $15 million dollars.

11. José Bastón ($15MM)
DOB: April 13, 1968
Company: Televista
Industry: Media

José Bastón is a Mexican television executive and businessman. He previously ran a television production company. Today, he’s known for being the President of Televista, which is one of the biggest mass media companies in Mexico and South America.

He’s also a noted philanthropist. The main charity he works with is the Global Gift Foundation. Over his business career, he’s accumulated a net worth of $15 million.

José is also famous for being Eva Longoria’s husband.

12. Danny Trejo ($16MM)
DOB: May 16, 1944
Company: Trejo’s Tacos
Industry: Restaurants

Danny Trejo has almost 40 years of experience in the movie business. He’s also a highly successful restaurant owner with a net worth of $16 million. Danny lives in Los Angeles and has four restaurants in the local area. At these restaurants, he also sells his own brand of Mexican craft lager beer. Along with this, he has a donut shop called Trejo’s Coffee & Donuts.

13. Carlos Castro ($18MM)
DOB: September 29, 1954
Company: Todos
Industry: Supermarkets

In 1980, Carlos Castro fled the civil war in El Salvador. Like many Mexican and Central American immigrants, he began life in America as a dishwasher. He later founded a construction business. This led to the Todos supermarket chain.

Carlos knew that during business development, he had to find a way to make himself stand out from the competition. This is one reason why Carlos decided to focus exclusively on Latino foods. It was an instant hit with Latino people.

Todos now has 30 locations around the US. Through hard work, he’s built up a net worth of $18 million. From dishwasher to multi-millionaire – Carlos truly achieved incredible results.

14. Eva Mendez ($20MM)
DOB: March 5, 1974
Company: Skura Style
Industry: Homeware

Eva Mendez has a net worth of $15 million. Some of this money comes from her fashion line, Eva by Eva Mendez. She’s also co-owner of the homeware company Skura Style. This company sells an innovative line of kitchen sponges. These sponges have a logo that fades as they get dirty. When the logo is gone, it’s time to throw the sponge away.

15. Cesar Millan ($20MM)
DOB: August 27, 1969
Company: The Dog Psychology Center
Industry: Pets

Cesar Millan is internationally known as the “dog whisperer.” Having used his techniques on my own dogs, I can tell you that they work like magic.

But how did he get into such an unusual career? Cesar came to America as an illegal immigrant from Mexico who could barely speak English. His love for animals led to a job as a dog groomer and trainer. Owners noticed how well he was able to calm their pets. He soon had celebrity clients like Ridley Scott. These entertainment industry contacts helped him get on TV.

Today, he has a net worth of $20 million, and dogs and dog owners everywhere are grateful for his help.

16. Kat Von D ($20MM)
DOB: March 8, 1982
Company: Kat Von D
Industry: Beauty

Kat Von D was born in Mexico to Argentinian missionary parents. She later became a renowned tattoo artist in Los Angeles. This led to appearances on the reality show, Miami Ink on TLC. She used the money earned from this show to open up her own tattoo parlor.

She also launched a makeup business called Kat Von D. This company was enormously successful and led to a net worth of $20 million.

17. Pete Maldonado ($21MM)
DOB: 1982
Company: Chomps
Industry: Food

Pete Maldonado is a former personal trainer who grew tired of unhealthy workout snacks. He wanted something nutritious and free from preservatives. He satisfied this need by creating Chomps. This is a range of beef jerky snacks. Chomps are made from high-quality, grass-fed beef, turkey, and venison. It’s also the fastest-growing Hispanic-owned business.

This company has doubled in size every year for the last decade. This has yielded Pete Maldonado a net worth of about $21 million.

18. Beto Perez ($30MM)
DOB: March 15, 1970
Company: Zumba
Industry: Fitness

Beto Perez is a Colombian fitness instructor who created the Zumba dance. His lucky break came when he accidentally combined Latin music with aerobics classes. This new variation was extremely popular, and Zumba was born.

Beto’s fitness empire has given him a net worth of $30 million dollars. His success is due to the effectiveness of the dance, using techniques that help people to lose weight.

19. Max Navarro ($48MM)
DOB: October 1943
Company: Operational Technologies
Industry: Technology

Max Navarro owns operational technologies. This is a 100% minority-owned business. It’s also one of the largest Hispanic-owned IT integrators in the US.

His company serves clients in both the federal government and private sectors. Operational Technologies also has contracts with The Pentagon and Army. These types of contracts are extremely lucrative. Due to this, he has a net worth of $48 million.

20. Daisy Fuentes ($75MM)
DOB: November 17, 1986
Company: Kohl’s
Industry: Beauty / Fashion

Cuban-born Daisy Fuentes started out as a weather girl in New Jersey. She was also a presenter for MTV and worked as a model / brand ambassador. (If you were around in the 1990s, then you might remember her.)

The bulk of her money comes from a line of products in Kohl’s department stores. This includes everything from hair care products to fragrances, clothing, and sunglasses. These products have annual revenues of over a $100 million per year, which has given her a net worth of $75 million.

21. Marc Anthony ($80MM)
DOB: September 16, 1968
Company: Magnus Media
Industry: Entertainment

Puerto Rican Marc Anthony is best known as a salsa singer, and also perhaps for being married to Jennifer Lopez from 2004 to 2014 (separating in 2011). The celebrity duo performed at the 2005 Grammy Awards, starred in the movie “El Cantante” and toured together.

Marc also owns the Miami-based talent agency Magnus Media. This agency represents athletes and entertainers from the Latino community.

His other business includes a clothing line for Kohl’s. He also used his net worth of $80 million to purchase a minority stake in the Miami Dolphins.

22. Eva Longoria ($80MM)
DOB: March 15, 1975
Company: UnbeliEVAble Entertainment
Industry: Entertainment

Eva Longoria rose to fame when she played the character, Gabrielle Solis, on the television show, Desperate Housewives.

Acting aside, she has been an entrepreneur for most of her career. Her net worth currently stands at $80 million. This money comes from her production company, UnbeliEVAble Entertainment. Through this company, she’s produced and directed a number of shows.

She also opened up a restaurant and nightclub in Hollywood. Her other businesses include cookbooks, clothing, swimwear, and a tequila brand. Sshe earns fees for public appearances.

23. Lin-Manuel Miranda ($90M)
DOB: January 16, 1980
Company: Hamilton
Industry: Entertainment

Lin-Manual Miranda is most well-known as the man behind the play, Hamilton.

He’s never written a business plan. Despite this, he can still be viewed as a formidable entrepreneur. For example, he’s earned a net worth of $90 million from Hamilton alone. He’s also made millions writing music for Disney movies. This includes films like Moana and The Little Mermaid.

24. Ramon Laguarta ($99.7MM)
DOB: 1963
Company: PepsiCo
Industry: Food and Beverages

Ramon Laguarta became the CEO of PepsiCo in 2018. This important role made him one of the first Hispanic CEOs of an American multinational company.

PepsiCo produces enormous amounts of paper and plastic. This is why Ramon has made sustainable practices his main priority.

The majority of his wealth comes from PepsiCo stock, giving him a net worth of $99.7 million.

25. Selena Gomez ($100MM)
DOB: July 22, 1992
Company: Rare Beauty
Industry: Beauty

The thing I like most about Selena Gomez is that she has had the courage to talk about suffering from the disease called, Lupus. In 2022, she released a documentary on Apple TV+ called “My Mind & Me.” Because of her, more people know about Lupus and see that you can thrive in spite of having the disease.

Selena has an unbelievable net worth of $95 million. She’s earned most of this money from her makeup company, Rare Beauty. This company is enormously successful. Last year, they made about $70 million from one product alone.

She’s also earned a fortune producing shows for Netflix and HBO. Selena has been open about her mental health struggles over the years. Because of this, she’s co-founder of the website Wondermind. This platform focuses on good news and tips for improving your mental health.

(We’re not going to talk about her long previous relationship with Justin Bieber, who is now married.)

26. Arturo Torres ($117MM)
DOB: November 17, 1936
Company: Pizza Management
Industry: Food

Arturo Torres was a supermarket owner in Cuba. He fled the island after Fidel Castro’s revolution.

After settling in the United States, he held three jobs. One of these included washing dishes at a Pizza Hut. After several years, he saved up enough money to purchase his own franchise.

Eventually, he owned more than 100 Pizza Hut franchises in small towns around the United States.

27. Carolina Herrera ($130MM)
DOB: January 8, 1939
Company: Carolina Herrera, New York
Industry: Fashion

My wife loves the designs of Carolina Herrera’s clothing. Sadly, the clothing is too expensive for anyone but the ultra-wealthy, with basic tops starting around $600. Carolina Herrera has dressed several first ladies, including Michelle Obama and Melania Trump.

In addition to fashion design, Carolina Herrera has several perfumes that she sells under her name (that are much cheaper than her basic shirts!).

She moved to New York from her native Venezuela in 1980 and began her career as a fashion designer. Her success has earned her a net worth of $130 million, and she’s won numerous awards for her work in the fashion industry.

28. Ernesto Ancira Jr. ($150MM)
DOB: 1944
Company: Ancira Enterprises
Industry: Automotive

Ernesto Ancira Jr. always wanted his own business. He’s now one of the most successful Latino business owners in South Central US. His net worth is $150 million.

Ernesto started his career in corporate America working for companies like Gillette Co. and Kimberly Clark. In 1971, he was offered a position as Kimberly Clark’s General Director in Brazil. He turned this down and instead purchased a car dealership. Today, he owns 12 dealerships in the San Antonio area.

29. Sofia Vergara ($180MM)
DOB: July 10, 1972
Company: Latin World Entertainment
Industry: Entertainment

Sofia Vergara is best known for playing Gloria Delgado-Pritchett in the sitcom Modern Family (2009-2020), and as co-founder of Latino World Entertainment, a talent management and production company. The business allowed her to earn a net worth of $180 million.

She’s had many acting roles, including the Netflix series, Griselda, where she plays a Colombian cartel boss (2024). She makes money endorsing products like Pepsi and Head and Shoulders shampoo. Plus, she has her own line of jeans, fragrances, and furniture.

30. Jessica Alba ($200MM)
DOB: April 28, 1981
Company: The Honest Company
Industry: Beauty / Homeware

My wife is a big fan of Jessica’s makeup company, The Honest Company. She buys it because The Honest Company makes natural makeup from a safe formula and naturally-derived ingredients. And it is very reasonably priced.

Though my wife would prefer organic makeup, there are not many organic makeup products on the market, and they are expensive. So that makes Jessica’s company a great choice for safety and affordability.

Most of Jessica’s wealth comes from the Honest Company. This is a beauty and homeware company she founded in 2012. This venture has been wildly successful and is now valued at around $1 billion dollars.

She’s also an author and wrote a book called “Honest Life.” This book became a New York Times best seller.

This Latina entrepreneur has a net worth of over $200 million.

31. Salma Hayek ($200MM)
DOB: September 2, 1966
Company: Nuance Salma Hayek
Industry: Beauty / Wellness

Salma Hayek is most famous for her role as Mexican painter, Frida Kahlo, in the 2002 movie, Frida.

Salma has launched a number of businesses in the wellness and beauty space. The biggest of these is Nuance Salma Hayek. This is a makeup collection sold in CVS.

She’s also a partner in Juice Generation. This is a subscription-based company that sells a variety of products. These include juices, smoothies, facemasks, and other skin care products.

32. Daniela Pierson ($220MM)
DOB: August 5, 1995
Company: The Newsette
Industry: Digital Marketing

Daniela Pierson is the most successful Hispanic entrepreneur under 30. While still at college, she founded an online newsletter called the Newsette. This newsletter soon had more than 500,000 subscribers. This enabled her to partner with advertisers like Old Navy and Walmart.

She’s since sold a stake in her company to outside investors. This has given her a net worth of about $220 million. Even more impressive is that she did this before the age of 27.

33. Joseph Unanue ($340MM)
DOB: March 14, 1925
Company: Goya Foods
Industry: Food

Joseph Unanue was born in New York City to Spanish parents. After returning from World War II, he joined his father in running Goya Foods. This was a small New York-based company that specialized in Hispanic food.

Joseph took things to the next level and turned the brand into a household name. A large part of this success was due to increasing waves of Hispanic immigration. Due to this, Joseph was able to build a net worth of $340 million.

34. Gloria Estefan ($500MM)
DOB: September 1, 1957
Company: Estefan Enterprises
Industry: Restaurants / Hotels

Gloria Estefan is more than just a singer. Together with her husband, she runs a number of highly successful businesses. Her net worth of $500 million comes from several Cuban restaurants which she owns in Florida. Gloria is also involved in the hotel industry and has two hotels in Miami. Along with this, she’s written a cookbook and several children’s books.

35. Jorge Mass ($1.2B)
DOB: 1963
Company: MasTec
Industry: Construction

Jorge Mas is well-known among local residents in Miami. He’s one of the most respected business leaders in the Hispanic community. He has a net worth of $1.2 billion dollars.

The bulk of his money comes from MasTec, the construction firm founded by his family. Jorge also invests money in soccer clubs and is the general manager of Inter Miami FC.

36. Marcelo Claure ($1.3B)
DOB: December 9, 1970
Company: Brightstar
Industry: Telecommunications

Marcelo Claure is a Bolivian telecommunications tycoon. He entered the industry in 1997. This business made him a millionaire overnight.

Later, he was involved in Sprint’s successful turnaround. Today, he has a net worth of $1.3 billion. Marcelo is also known for his love of football. He previously owned or managed several football clubs. These include Club Bolivar and Inter Miami FC. Today, he spends most of his time investing in tech companies.

37. Jorge Perez ($1.7B)
DOB: October 17, 1949
Company: The Related Group
Industry: Real Estate

Miami is famous for its luxury condos. One of the biggest names in this industry is Jorge Perez. His business has made significant contributions to the Miami skyline.

He was born to Cuban parents in Argentina and emigrated to Miami as a teenager. After high school, he worked for the city of Miami. He then entered the construction business. His company focused on building affordable apartments. In 1979, he switched over to constructing luxury condos. This business is extremely lucrative, which is why Jorge now has a net worth of $1.7 billion.

38. John Arrillaga ($2.5B)
DOB: April 3, 1937
Company: Peery Arrillaga
Industry: Real Estate

John Arrillaga is one of the most successful Hispanic business owners on the West Coast. He’s known as the man who built Silicon Valley. He began purchasing farmland in California during the 1960s. This was then developed into office space. He soon had tenants like Intel and other technology companies. The rest is history.

His net worth is now counted at approximately $2.5 billion.

39. Pablo Legorreta ($3.3B)
DOB: 1964
Company: Royalty Pharma
Industry: Pharmaceuticals

Pablo Legorreta is a Mexican businessman who founded and owns Royalty Pharma. This business makes money through pharmaceutical royalties. This means Pablo invests money in the development of new drugs. He then earns a royalty of 1-4% every time the drug is sold.

This business is extremely lucrative due to the enormous amounts of pharmaceuticals purchased, which is why Pablo Legorreta has a net worth of $3.3 billion.

40. Jorge Moll Filho ($3.9B)
DOB: January 23, 1946
Company: Rede D’Or
Industry: Health

Jorge Moll Filho is a cardiologist and entrepreneur who started buying clinics in South America during the 1970s. These formed the basis for a business called Cardio Lab. He made a fortune from this business and purchased several hotels with the money. These were transformed into private hospitals.

Today, he owns one of the biggest healthcare groups in Latin America. It’s estimated that he has a net worth of $3.9 billion.

41. José E. Feliciano ($4.3B)
DOB: September 10, 1945
Company: Clearlake Capital
Industry: Investing

José E. Feliciano was born in Puerto Rico. He’s an investment banker who started out at Goldman Sachs. He later founded the private investment firm Clearlake Capital. This firm mostly focuses on software and technology companies. The success of this financial institution has given Jose a net worth of $4.3 billion.

He also runs a charitable foundation with his wife.

42. David Velez ($4.5B)
DOB: 1982
Company: Nubank
Industry: Banking

As a child, David Velez and his family fled from Colombia to Costa Rica to escape drug cartel violence. He later returned to South America after earning an MBA from Stanford University. He then set up Nubank, which is now one of the biggest banks in Latin America.

What’s different about his bank is that it charges no fees. The bank is also entirely digital and has no branches. This success has given David Velez a net worth of about $4.5 billion.

43. Jerónimo Arango ($4.6B)
DOB: 1927
Company: Aurrerá
Industry: Supermarkets

Jerónimo Arango is another Hispanic entrepreneur who founded a large grocery chain. The idea for his chain was born after visiting New York in the 1950s. It was there that he discovered the concept of discount stores. He returned to Mexico and opened a supermarket based on this model. His stores were extremely popular. After all, who doesn’t love a bargain?

His net worth soared to over $4.6 billion in 1997 after he sold most of the business to Wal-Mart in 1997.

44. Adriana Cisneros ($4.6B)
DOB: December 17, 1979
Company: Grupo Cisneros
Industry: Media / Real Estate

Adriana Cisneros is a third-generation Venezuelan businesswoman. She has a net worth of over a billion dollars. Her grandfather founded Grupo Cisneros. This company launched Venezuela’s first television channel in 1953. Adriana took over as CEO in 2013.

Running a family-owned business can be extremely difficult. There’s enormous pressure and expectation. Adriana has risen to the challenge and continues to run the company successfully.

In addition to her corporate work, she’s also involved in several charities focusing on AIDS.

45. Arturo Moreno ($4.8B)
DOB: August 14, 1946
Company: Los Angeles Angels
Industry: Sports / Advertising

Arturo Moreno is famous for being the owner of the Los Angeles Angels. He’s accumulated a net worth of $4.8 billion. Most of this money comes from a billboard company that he founded.

At the time, this was one of the biggest Latino businesses in the US. He sold the company in 1998 for $8 billion. With this money, he purchased the Los Angeles Angels for $184 million in 2003. This made him the first Hispanic owner of a major league franchise.

For this achievement, he was featured in Hispanic Business magazine and Time magazine. (He made that year’s list of the 25 most influential Hispanics.) What’s also interesting is that he’s a veteran who fought in the Vietnam War.

46. Marcos Galperin ($5B)
DOB: October 31, 1971
Company: Mercado Libre
Industry: Ecommerce

Marcos Galperin is an Argentinian who founded Mercado Libre. This is an online marketing and auction platform. (You can basically think of it as South America’s version of eBay.) In fact, eBay bought 20% of the business in 2001. This made Marcos rich overnight.

He now has a net worth of about $5 billion.

47. Luis Carlos Sarmiento ($6.4B)
DOB: January 27, 1933
Company: Grupo Aval
Industry: Construction

Luis Carlos Sarmiento is a Columbian entrepreneur involved in the construction trade. (His company is famous for building the Grand Hyatt in Bogota.) After making millions in this industry, he started investing in large public companies. These mostly included banks and businesses related to personal finance.

Today, he owns about 20% of Colombia’s banking industry. This has given him a net worth of about $6.4 billion. He also owns Colombia’s biggest newspaper, El Tiempo.

48. Eduardo Luiz Saverin ($10.2B)
DOB: March 19, 1982
Company: Facebook
Industry: Social Media

Eduardo Saverin founded Facebook along with Mark Zuckerburg. The two would later famously fall out and end up in court. Today, Eduardo lives in Singapore with his wife and family. He runs a venture capital firm called B Capital. He also owns about 2% of all Facebook shares.

This gives him a net worth of $10.2 billion.

49. Germán Larrea Mota-Velasco ($26.6B)
DOB: July 8, 1941
Company: Grupo Mexico
Industry: Mining

Germán Larrea Mota-Velasco is famous for being the second richest man in Mexico. (Behind Carlos Slim, mentioned below.) He started a printing and publishing company in 1978. After selling this company in 1989, he entered the Mexican mining industry. Today, he’s a majority shareholder in Mexico’s biggest copper company.

He has a net worth of about $26.6 billion. He’s also a member of the board of directors for some of Mexico’s biggest companies.

50. Carlos Slim ($93B)
DOB: January 28, 1940
Company: Grupo Carso
Industry: Investing / Real Estate / Mining

Now for the richest man in Mexico: the legendary Carlos Slim. His net worth is a stunning $93 billion. (This number goes up and down depending on how the global economy is doing.)

He studied civil engineering and then became a stock trader. He continued growing his empire by investing in construction, real estate, and mining. He’s also famous for purchasing the Mexican telecommunications company TeleMex. Several of his children have leadership positions in his companies.

According to Slim, the secret to getting rich is making wealth your #1 priority. You have to do whatever it takes and work non-stop towards this goal.

Conclusion 

Statistics have shown that Hispanic people start businesses at a higher rate than many other groups. In fact, 25% of the new business applications at banks were Hispanic (Bankrate.com, 2021). The number of Hispanic-owned businesses grew by 25% from 2019-2023. What’s more, their total economic output was about $2.8 trillion in 2020 alone (Standford Latino Entrepreneurship Initiative).

Bottom line: we’ll be seeing many more Hispanic entrepreneurs in the future!

About The Author
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