⬅ # 372 Cho Jung-ho|# 374 Viktor Vekselberg

# 373 Alejandro Baillères 

$7.69B

Real Time Net Worth
as of 11/18/2024
-$1.0M (-0.01%)

# 373 Alejandro Baillères 

$7.69B

Real Time Net Worth
as of 11/18/2024
-$1.0M (-0.01%)
OccupationPresident, Grupo Bal
Source of WealthDiversified
Age63
ResidenceMexico
Age-Adjusted Net Worth$6.28B
Alejandro Baillères
Alejandro Baillères
Mexico
Net worth: $7.69B

Self-Made Score 

Ternos Automatic Illuminated Analog Display with GMT Dual Time

Wealth History

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Biography

Early Life

Alejandro Baillères was born in May 1960.
Alejandro holds a degree from Stanford University.
He is the son of the late billionaire Alberto Baillères.

Professional Roles

Alejandro serves as the president of Grupo Bal.
Under his leadership, Grupo Bal manages investments in various sectors including insurance and pension funds.
He also holds the position of vice chairman at Industrias Peñoles.
Additionally, Alejandro serves as a director of Peñoles and Grupo Bal.
He also holds a directorship at Fresnillo plc.

Family and Inheritance

Alongside his siblings, Alejandro is one of the heirs to the mining fortune established by his father, Alberto Baillères.
His father passed away in February 2022.
Juan Pablo Baillères, the youngest brother, manages the cattle and bullfight division of Grupo Bal.
Teresa Baillères, the youngest sibling and only daughter, holds an executive position at the luxury department store Grupo Palacio de Hierro.
His other siblings include Raúl Baillères, Alberto Baillères, and Xavier Baillères. One sibling, Mauricio Baillères, passed away in 2014.

Alejandro Baillères's Wealth is Equivalent to:

5,919,938 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,455,061 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

78,594 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Alejandro Baillères?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Alejandro Baillères's net worth of $7.69B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Alejandro Baillères is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Alejandro Baillères, Diversified is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey