#1765
Enrique Coppel Luken
Mexico 78 years old
Overview
- Source of Wealth
- Diversified
- Industry
- Fashion & Retail
- Residence
- Culiacan
Biography
Enrique Coppel Luken and his four brothers own Grupo Coppel, a retail and banking business in Mexico with over $8 billion in sales.
Their father and grandfather founded the first shop in Sinaloa, where they sold radios and watches.
The group's retail arm has grown from a single shop in 1941 to over 1,700 stores across Mexico.
The stores are known for providing credit to customers, allowing them to finance their purchases over multiple payments.
Enrique was chairman and CEO until Agustín, the youngest of the bunch, took over in 2008.
About
The brothers also have two sisters who don't have active roles in the business.