Antonio Del Valle Ruiz

  • Antonio del Valle Ruiz swapped a stake in a Mexican bank for control of what is now chemical conglomerate Mexichem.
  • He and his six children own a 42% stake in Mexichem.
  • Del Valle also owns a majority stake in Grupo Financiero BX+, which controls the bank Banco Ve Por Mas.
  • In 2015, Del Valle and business partner Carlos Slim did an IPO of their construction conglomerate, Elementia.
  • Del Valle has put his children in executive positions at his companies, but is still involved in strategic decisions.