Alberto Baillères González was a Mexican billionaire businessman.

Alberto Baillères owned Grupo BAL, which controls a large number of other companies including Industrias Peñoles / Peñoles, the second most important Mexican mining company and the world’s largest silver producer, El Palacio de Hierro, a chain of department stores mainly located in Mexico City, Grupo Nacional Provincial, the largest insurance company in Mexico, Grupo Profuturo, a pensions and annuities business.

In addition to that, Alberto Bailleres sat on the board of directors of Fresnillo plc.

Alberto Bailleres was also a head member of the board of ITAM, one of Mexico’s top higher education centers and thinktank, and owner of other businesses related with financial services, agriculture and bullfighting and was the owner of the 92m yacht Mayan Queen IV.

Who Is Alberto Baillères’ Only Son Alejandro Baillères?

Alberto Bailleres was married to Teresa Gual and they have seven children, a son Alejandro Bailleres and 6 daughters.

Alejandro Bailleres has a degree from Stanford University and is a director of Peñoles and Grupo BAL, both owned by his father, and of Fresnillo plc.

Alejandro Bailleres is a director of various other companies.

Alejandro Bailleres’ father Alberto Bailleres died on 2 February 2022, at the age of 90.