Salinas is the chairman of Grupo Elektra, a banking and retail conglomerate that operates more than 2,000 outlets in Latin America. He is also the majority shareholder of Spanish-language television broadcaster TV Azteca. Through Grupo Salinas Telecom, a closely held investment vehicle, he controls 98.9 percent of mobile-phone carrier Grupo Iusacell.
Ricardo Salinas, the Mexican billionaire whose banking and retail empire spans eight countries, is looking to bring his microlending business to the U.S. to capitalize on the opportunity with low-income customers.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.