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.

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Profile: Organizacion Cultiba SAB de CV (CULTIBAB.MX)

Organizacion Cultiba SAB de CV (Cultiba) is a Mexico-based holding company principally engaged, together with its subsidiaries, in the beverages industry. The Company has license from Pepsi-Co Inc to ...
Posted: February 7, 2019, 4:00 pm

Grupo Aeroportuario del Pacifico Informative Letter to Shareholders

Mrs. Laura Díez Barroso Azcárraga and Messrs. Juan Gallardo Thurlow, Carlos Laviada Ocejo and José Manuel Fernández Bosch were designated as a proprietary members, and Messrs. Carlos Alberto Rohm Camp...
Posted: April 9, 2018, 3:54 am

Resolutions Adopted at the General Ordinary Shareholders’ Meeting and General Extraordinary Shareholders’ Meeting for Grupo Aeroportuario del Pacifico, S.A.B. de C.V. on ...

IX. Ratification of Mr. Carlos Cárdenas Guzmán, Mr. Joaquín Vargas Guajardo, Mr. Ángel Losada Moreno, Mr. Roberto Servitje Achutegui, Mr. Álvaro Fernández Garza and Mr. Juan Díez-Canedo Ruiz, as membe...
Posted: April 26, 2017, 3:46 pm
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