Background and Rise to Wealth
Fernando Chico Pardo is a prominent Mexican businessman who, according to Forbes, has a net worth of approximately $2.8 billion by 2025. His family recently acquired a 25% stake in Banamex, as reported by Citi.
Career Milestones
- Wall Street Beginnings: Chico Pardo started his career on Wall Street before founding Acciones y Asesoría Bursátil, a brokerage house where he served as founder and general manager until 1992.
- Inbursa and Promecap: In 1992, his brokerage house merged with Inbursa, and he became the general manager until 1997. In 1997, Chico Pardo founded Promecap, a leading private equity firm in Mexico managing $5 billion in assets. He serves as president and general manager of Promecap.
- Investment Focus: Promecap invests in private equity, private debt, and real assets, aiming to democratize access to these markets through its fund and alternative asset platforms.
Key Investments and Influence
Chico Pardo’s wealth is primarily derived from his significant stake in Aeropuertos del Sureste (Asur), a leading airport group in Mexico. He holds a substantial portion of Asur shares through Inversiones Técnicas Aeroportuarias (ITA), which represents 3.825% of Asur’s capital.
Apart from Asur, Chico Pardo is a major shareholder in RLH Properties, Tortuga (hotels), and Carrix (port operations). He holds a majority stake in these companies, further solidifying his position among Mexico’s wealthiest individuals.
Board Memberships and Education
Currently, Chico Pardo serves as the president of Asur’s Board of Directors and a member of Carrix’s and several other Mexican companies’ boards, including Grupo Carso, Grupo Industrial Saltillo, and GEPP.
He holds a Bachelor’s degree in Business Administration from the Universidad Iberoamericana de la Ciudad de México and a Master’s in Business Administration (MBA) from the Kellogg School of Management at Northwestern University.
Key Questions and Answers
- Who is Fernando Chico Pardo? Fernando Chico Pardo is a Mexican businessman with significant investments in various sectors, including airports, hotels, and port operations.
- What is his net worth? According to Forbes, Fernando Chico Pardo’s net worth is estimated to be around $2.8 billion by 2025.
- What companies does he invest in? Chico Pardo has substantial stakes in Aeropuertos del Sureste (Asur), RLH Properties, Tortuga (hotels), and Carrix (port operations).
- What is Promecap? Promecap, founded by Chico Pardo in 1997, is a leading private equity firm in Mexico managing $5 billion in assets. It invests in private equity, private debt, and real assets.
- What is his educational background? Chico Pardo holds a Bachelor’s degree in Business Administration from the Universidad Iberoamericana de la Ciudad de México and an MBA from the Kellogg School of Management at Northwestern University.
