Jerónimo Arango

Jerónimo Julio Arango Arias is a Mexican billionaire businessman, co-founder of the Aurrerá supermarket chain, with his younger brothers, Manuel and Placido, known for a long time as three of Mexico’s wealthiest men. His net worth was estimated at US$4.6 billion in 2006 by Forbes’.

  • Jerónimo Arango, along with his brothers, Manuel and Placido, sold their retail chain Cifra to Walmart in 1997 for a reported $1.2 billion in cash.
  • Jeronimo and his brothers founded the predecessor to Cifra in 1958.