Ricardo Benjamín Salinas Pliego: Leading a Mexican Business Empire

Ricardo Benjamín Salinas Pliego is a prominent Mexican businessman known for his significant contributions to various industries. He is the founder and chairman of Grupo Salinas, a diverse corporate conglomerate with interests spanning telecommunications, media, financial services, and retail.

One of Salinas Pliego’s major achievements is running TV Azteca, the second-largest TV broadcaster in Mexico. Additionally, he oversees Grupo Elektra, a retail giant targeting lower-middle-class consumers. These consumers often utilize loans from Banco Azteca, the banking division of Grupo Salinas, to purchase items from Elektra stores.

Grupo Elektra, founded in the 1950s by Salinas Pliego’s grandfather, Hugo Salinas Rocha, has grown into a publicly traded company. Under Salinas Pliego’s leadership, the company continues to thrive and expand its market reach.

In January 2021, Salinas Pliego made a significant leadership change at TV Azteca by appointing a new CEO. This move replaced his son, Benjamin Salinas Sada, who had held the position since 2015. This decision highlights Salinas Pliego’s strategic approach to leadership and business growth.

Through his various ventures, Ricardo Benjamín Salinas Pliego has established himself as a key figure in Mexico’s business landscape, continually driving innovation and success in the industries he operates.