German Larrea Mota Velasco was bornon 8 July 1941 in Mexico City, Mexico, Mexico. German Larrea Mota Velasco is #73 in List Billionaires People In The World. Mining tycoon German Larrea and his family own just under half of Grupo Mexico, the country's largest mining and infrastructure company. It has three main units: Americas Mining Corporation, which owns mining assets in Mexico, Peru (Southern Copper) and the U. S. (Asarco); Infraestructura y Transportes México (ITM), which owns two railroads. It also owns a 16% stake in Grupo Aeroportuario del Pacífico, which operates airports, mainly on Mexico's west coast. In August 2014, the mining company faced scrutiny after a toxic spill at its largest copper mine, located in the northern Mexican state of Sonora, contaminated two rivers nearby. The company agreed with a government request to deposit $150 million in a trust to compensate local residents harmed by the spill.
He has served as Chairman of the Board of the Southern Copper Corporation since December 1999, CEO from December 1999 to October 2004 and as a member of the Board of Directors since November 1999
He has been Chairman of the Board of Directors and CEO of Grupo Ferroviario Mexicano since 1997
Germán Larrea has been Chairman of the Board of Directors, President and Chief Executive Officer of Grupo Mexico (holding) since 1994
He is also Chairman of the Board of Directors and CEO of Empresarios Industriales de Mexico, Compania Perforadora Mexico, Mexico Compania Constructora, and Fondo Inmobiliario since 1992
He was previously Executive Vice Chairman of Grupo Mexico and has been a member of the Board of Directors since 1981
He founded Grupo Impresa, a printing and publishing company in 1978, remaining as the Chairman and CEO until 1989, when the company was sold
Germán Larrea Mota-Velasco (born July 8, 1941) is a Mexican businessman