Mexican billionaire Alberto Bailléres, a mining and retail tycoon, has died on Feb. 3, 2022. Continue reading to fetch the details surrounding his cause of death.
The businessman Alberto Bailléres passed away this Thursday at the age of 90, as affirmed by family sources.
Alberto Bailléres was one of the most influential businessmen and economists in Mexico, serving as the president of Grupo BAL, a bunch of companies within the commercial, mining, metallurgical, financial, and insurance sectors.
Reportedly, being the fourth wealthiest man in Mexico, Alberto Bailléres has chosen to resign at the age of 89 years.
Similarly, on November 12, 2015, Bailléres was awarded by the Senate of the Republic with the Belisario Dominguez Medal of Honor, which is regarded as Mexico’s highest honor.
Businessman: Alberto Bailléres Death Cause & Obituary -How Did He Die?
On February 3, 2022, the death news of Alberto Bailléres was affirmed. However, the details surrounding the businessmen’s actual cause of death haven’t been disclosed yet.
Similarly, the news about his passing was affirmed by his granddaughter and two more relatives. Additionally, following his obituary, sources near to the family were too detailed that there would be no burial service due to the well-being circumstances from the Covid-19 widespread.
Alberto Bailléres Wife: Was He Married?
Reportedly, Alberto Bailléres was married to his wife, Teresa Gual. The duo together shares seven children, Alberto, Juan Pablo, Raul, Tere, Javier, Mauricio, and Alejandro, and were currently residing in Mexico City.
Nothing specific about their marriage relationship has been known at the time of writing. However, it is believed that the couple had been together for over some decades.
Only three of his children work at Grupo Bal. Where Raul is the chief, Juan Pablo oversees the farms and last year, Alejandro has become the new president of the empire.
What Was Alberto Bailléres Net Worth In 2022?
As indicated by Forbes, Alberto Bailléres had a net worth of over $9 billion at the time of his death. All of his wealth and earnings are bulked up from his successful career as a businessman.
At the age of 28, Alberto has taken over Grupo Bal, as its CEO after his father Raquel Bailléres passed away. Similarly, he is also a chairman of the board of ITAM, which is Mexico’s leading higher education institute.
Nonetheless, he also owned several other businesses related to financial services, bullfighting, and agriculture.