Hugo Salinas Price | |
---|---|
Born |
Bryn Athyn, Pennsylvania |
November 19, 1932
Other names | Hugo Benjamin Salinas |
Alma mater |
Wharton School, University of Pennsylvania Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) Universidad Nacional Autónoma de México (UNAM) |
Occupation | Electronics Retailer (Retired) |
Spouse(s) | Esther Pliego de Salinas |
Children |
Ricardo Salinas Pliego Esther Salinas Pliego Guillermo Salinas Pliego Rebeca Salinas Pliego Norah Emilia Salinas Pliego |
Parent(s) | Hugo Salina Rocha Norah Price |
Hugo Salinas Price (born 1932) is a Mexican business magnate, investor, and philanthropist. He is the founder of Mexico's Elektra retail chain. The current head of Elektra is his son Ricardo Salinas Pliego. Elektra began as a workshop assembling electronic appliances for the Salinas Y Rochas chain, a small regional retailer of appliances. Elektra then set up a direct sales operation offering appliances on installments. Hugo Salinas Price currently is retired from retailing and focuses on being a proponent of a sound financial policy for Mexico. Salinas Price is President, Mexican Civic Association Pro Silver, A.C.
Salinas was born on March 11, 1932 in Bryn Athyn, Pennsylvania, his mother's home town. He graduated from the Academy of the New Church Secondary Schools in 1949. He holds degrees from Wharton School from University of Pennsylvania and the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) as well as a law degree from the Universidad Nacional Autónoma de México (UNAM).