Juan Gallardo Thurlow Net Worth is$1.3 Billion
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Juan Gallardo Thurlow Net Worth: Juan Gallardo Thurlow is a Mexican businessman who has a net worth of $1.3 billion. Juan Gallardo Thurlow acquired a billionaire status in 2013 as a shareholder of 63% stake in Organizacion Cultiba SAB de C.V., a holding company that deals with production of cane sugar and molasses, as well as distribution of soft drinks and bottled water in Mexico. The share price of Organizacion Cultiba has literally doubled in the past five years, i.e., from 2008 to 2013, and they increased the value of Gallardo Thurlow's stake to $1.3 billion. On the one hand, Cultiba is Mexico's second-largest beverage producer and distributor of beverages, whereas, on the other, it's one of the largest private sector producers of sugar in Mexico, with three mills and a 49% interest in a fourth mill. Thanks to the successful integration of the sugar and beverage businesses, Cultiba benefits from a natural hedge against fluctuation in sugar prices. As of January 2013, Cultiba made a secondary offering of nearly 100 million shares, raising almost $200 million. Back in the 1990s, Gallardo Thurlow made a name for himself in Washington, D.C., for playing the role of chief NAFTA negotiator on behalf of Mexico's business sector.
Juan Gallardo Thurlow (born c. 1948) is a Mexican businessman. Chairman of Grupo Embotelladoras Unidas (bottling); Chairman of Mexico Fund Inc. (mutual fund); and Vice Chairman of Home Mart de M?(C)xico (retail trade). Former Chairman and CEO of Grupo Azucarero M?(C)xico (sugar mills). Other directorships: Caterpillar Inc.; NADRO, Grupo M?(C)xico (mining) and Lafarge (construction). Gallardo has been a director of Caterpillar since 1998. His worth is estimated in USD 1.4 billion.

Juan Gallardo Thurlow Latest News

Mexico vying to partner with Qatar food security programme

According to Juan Ignacio Gallardo Thurlow, chairman and CEO of holding company, Organizacion Cultiba SAB de CV, the Mexican private sector is rife in investment opportunities for Qatari businessmen in innovation, distribution, and transport of food from ...
Posted: January 23, 2016, 2:19 pm

Grupo Aeroportuario Del Pacifico Informative Letter to Shareholders

GUADALAJARA, Jalisco, Mexico--(BUSINESS WIRE)--Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) (BMV:GAP) (“the Company” or “GAP”) addressed today the following letter to its shareholders.
Posted: April 8, 2016, 2:13 am

Forbes 2013 List of Billionaires Includes 15 Mexican Citizens

He is worth an estimated $1.4 billion. Juan Gallardo Thurlow - #1107 The final Mexican citizen to make the Forbes 2013 list of billionaires is another newcomer. Gallardo Thurlow controls 63 percent of Organizacion Cultiba SAB de C.V., a holding company ...
Posted: April 1, 2013, 5:00 pm
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