Alberto Bailleres, Mexico’s ‘King of Silver,’ Dies at 90
- His firm, Penoles, was once largest producer of refined silver
- His $8.5b net worth made him fourth-richest person in Mexico
Alberto Bailleres in Mexico City, Mexico in 2015.
Photographer: Susana Gonzalez/BloombergThis article is for subscribers only.
Alberto Bailleres, a Mexican billionaire who once owned the world’s largest refined silver company, has died, He was 90.
He died on Feb. 2 in Mexico City, according to a statement from his business conglomerate, Grupo Bal SA. No other details were given.