Enrique Molina Sobrino

Enrique Molina Sobrino became very wealthy by creating the biggest Pepsi bottling group in Mexico, named Gemex.[1] He also created an empire in the production of sugar. In 2002 he sold Pepsi Group in Mexico[2] to The Pepsi Bottling Group, the largest Pepsi bottler in the world partially owned by Pepsi, for 1.5 billion dollars.

Molina also was part owner of Grupo Financiero Banamex when it was privatized by the Salinas administration.[3] Banamex is now owned by Citibank.

References
  1. Pepsico in Mexico, Anatomy of an Affiliate's Exposure, Thunderbird Graduate School
  2. SEC Filing
  3. Wired, Friends and Family, Mexican Style, By Joel Simon, Oct 1995
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