Wealthy Mexicans' Investment in the United States Sharply Up in 2012 Dolia Estevez - Forbes
go to original June 30, 2013

As the United States economy improves, wealthy Mexican businessmen are pouring millions of dollars into the largest economy in the world. They seek to take advantages of their proximity to the U.S. and its foreign investment-friendly laws.

In 2012, Mexican investment in the U.S. went up by 11% and currently stands at $27.9 billion, the U.S. Embassy in Mexico City recently reported. Many of these investments come from companies controlled by Mexican billionaires such as Grupo Elektra , Mexico’s largest electronics retailer owned by Ricardo Salinas Pliego; Grupo Bimbo , Mexico’s largest baking company and distributor of U.S. brands like Sara Lee, Arnold and Entenmanns’s, owned by the billionaire Servitje family led by Roberto Servitje; and Gruma, the world largest tortilla maker founded by Roberto Gonzalez Barrera, whose wealth at the time of his death in 2012 was $1.9 billion.

Other Mexican conglomerates mentioned by the U.S. Embassy as having made large investments in the United States are Sigma Alimentos (food), Arca (beverages and snack food), Grupo Herdez (processed food), Industrias Bochoco (poultry products), Grupo Alfa (aluminum, processed food and cheese), Mexichem (chemical products) and Cinepolis (the world’s fourth largest chain of movie theaters).  In 2012, all of them generated billions of dollars in revenues.

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