BillionaireNet
Luken
Agustín Coppel Luken
Rank #2420
MEXICOdiversifiedDiversified

Agustín Coppel Luken

Net Worth
$1.535B
0% (24h)
Agustín Coppel Luken, a 64-year-old Mexican businessman, is the Chairman and CEO of Grupo Coppel, a retail and banking giant. His source of wealth is diversified, primarily stemming from the fashion-retail industry. Since 2008, he has led Grupo Coppel, a company founded by his father in 1941. Coppel's stores, known for credit offerings, expanded significantly post-World War II. In 2024, the group planned to invest over $700 million in renovations, carbon footprint reduction, and over 100 new store openings. He is actively involved in philanthropy, supporting education, culture, and environmental causes.

The Full Dossier

Early Life

Agustín Coppel Luken was born in Culiacán, Sinaloa, Mexico, in 1961. He earned a degree in Marketing from the Instituto Tecnológico y de Estudios Superiores de Monterrey.

Rise to Success

Agustín Coppel Luken serves as the Chairman and CEO of Grupo Coppel, a retail and banking giant. The Coppel family owns 100% of the company, which has its origins in 1941. Under his leadership, Grupo Coppel has expanded significantly. In 2024, the group announced plans to invest significantly in store renovations, sustainability efforts, and new store openings. Forbes recognized his achievements and leadership by awarding him the Business Excellence Award in 2020.

Key Business Strategies

Coppel's key strategy has been providing credit to a wide range of customers, enabling purchases through weekly installments. The company's retail chain has expanded throughout Mexico, with approximately 1,980 stores as of 2025. Coppel has also expanded into financial services through BanCoppel.

Philanthropy

Agustín Coppel is known for his philanthropic work, which includes supporting education, science, culture, and ecology. He founded the Isabel and Agustín Coppel Contemporary Art Collection (CIAC) with his wife in 1990. He has received awards for his philanthropy, including the Leadership to Education Award from Worldfund in 2017, the Mexico Philanthropist of the Year Award in 2011, the MontBlanc de la Culture Arts Patronage Award in 2013, and the Promotion of the Arts Award from the José Limón Dance Company of New York in 2011.

Career Timeline

2020

Forbes Business Excellence Award

Awarded by Forbes México in recognition of his career and leadership.

2017

Leadership to Education Award

Recognized by Worldfund for contributions to education.

2011

Mexico Philanthropist of the Year

Received the award from the Association for Fundraising Professionals.

2008

Chairman and CEO of Grupo Coppel

Assumed leadership of Grupo Coppel, encompassing various retail and financial services.

Philanthropic Impact

Art and CultureUndisclosed

CIAC (Isabel and Agustín Coppel Contemporary Art Collection)

Supports artists and museums to promote art and culture in Mexican society.

Wealth Trajectory