Alfredo Harp Helu Net Worth is$1.5 Billion
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Nickname: Alfredo Harp Helu
Nationality: Mexico
Date of Birth: 1944
Place of Birth: Mexico
Alfredo Harp Helu Net Worth: Alfredo Harp Helu is a Mexican entrepreneur who has a net worth of $1.5 billion. Born in Lebanese immigrant family in 1994 in Mexico City, Harp earned his wealth in 2001 when he sold his bank Banamex, one of the leading banks in Mexico, to Citigroup for over $12 million. In 1994, Harp launched the telecom company Avantel, Mexico's second leading telephone company, and twelve years later, he sold it to Axtel. Furthermore, Harp was a victim of kidnapping in 1994. After 106-days of captivity, his family paid the ransom of $30 million, and he was released. Nowadays, Harp is famous philanthropist and holds several charitable foundations that support culture, education, social assistance and sport. Being a baseball fan, he is the owner of the Mexico City Diablos Rojos team (Red Devils). Alfredo's first cousin is fellow Mexican billionaire Carlos Slim Helu.
Alfredo Harp Hel?? (born 1944) is a Mexican businessman of Lebanese origin, and as of 2011, with a net worth of $1.5 billion, is according to Forbes the 974th richest person in the world. He is also the cousin of Carlos Slim Hel??, who as of 2013 is the richest person in the world as ranked by Forbes.

Born in Mexico City, Harp is most famous for being the former owner of the biggest Latin American and Mexican bank, Banamex (now part of Citigroup), and was a billion-dollar beneficiary of Citigroup's 2001 buyout of Banamex. He is also owner of the telecommunication company, Avantel, the second largest telephone company in Mexico (now part of Axtel).
Harp is married, with several children. He and his family with his second wife divide their time between homes in Mexico City and Oaxaca City. , the Guerreros of Oaxaca City and Los Padres of San Diego.
In 1994, Harp's family paid about $30 million after he was held for 106 days by his kidnappers in Mexico City. The release followed a dramatic television appearance in which his son, accompanied by a family lawyer and a priest, accepted the kidnappers' terms unconditionally. At the family's request, the police did not intervene, giving rise to fears that the huge ransom would encourage more kidnappings, and adding to concerns about Mexico's stability. In 1996, authorities claimed to have recovered nearly $10 million of the Harp ransom.
In 2008, Harp attended the funeral of Fernando Mart?-, 14-year-old son of the founder of a chain of sporting goods stores, who had been kidnapped and murdered, despite his family's payment of a ransom. He also paid for a full-page advertisement in newspapers calling on the government to put a stop to the rising kidnapping phenomenon in Mexico.
Harp funds several charitable foundations:

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Alfredo Harp Helu Latest News

Mexico drug king ‘El Chapo’ stays on Forbes billionaire list

Guzman, considered the most wanted man in Mexico, placed 1153rd, tying Mexican businessman Alfredo Harp Helu. Guzman has made the list since 2009. He was ranked 701st back then. His debut reportedly infuriated Mexico President Felipe Calderon, as it again ...
Posted: March 7, 2012, 9:26 am

Wealthy Mexican's Abduction Underlines Vulnerability of Elite

The agencies also received a handwritten letter from the kidnapped man, Alfredo Harp Helu, who pleaded for the ransom to be paid so he does not become one more of Mexico's recent tragedies. Although no figure has been stated for the ransom, people close to ...
Posted: April 17, 1994, 5:00 pm

Mixed Picture In Markets

Stock prices were mixed Tuesday as computer-driven selling hit blue-chip ... kidnapping of a top-level Mexican banker by extortionists. According to Reuters, Alfredo Harp Helu, chairman of Grupo Financiero Banamex-Accival, is missing.
Posted: March 15, 1994, 4:00 pm
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