BillionaireNet
Pardo
F
Rank #1217
MEXICOServiceAirport management

Fernando Chico Pardo

Net Worth
$3.327B
+0.32% (24h)
Fernando Chico Pardo, a prominent Mexican businessman, has built a substantial fortune through strategic investments and leadership roles. Born in 1953, he is primarily known for his expertise in airport management and as the Chairman of the Board of Grupo Aeroportuario del Sureste (ASUR), which operates numerous airports in Mexico, Puerto Rico, and Colombia. His career began in finance with a brokerage firm, Acciones y Asesoría Bursátil, later becoming part of Grupo Financiero Inbursa. He founded the private equity firm Promecap, which manages significant assets. With an estimated net worth of $3.3 billion as of late 2024, Chico Pardo is a major shareholder in ASUR and a key figure in Mexico's business landscape. He is also known for his philanthropy and involvement in various non-profit organizations.

The Full Dossier

Early Life and Education

Fernando Chico Pardo was born in Mexico City on February 15, 1952. He pursued higher education, earning a Bachelor of Business Administration from Universidad Iberoamericana and later an MBA from Northwestern University's Kellogg School of Management. His academic foundation set the stage for a successful career in business and finance.

Rise to Success

Chico Pardo's career began with his first business, Acciones y Asesoría Bursátil, a brokerage firm he launched at the age of 27. The firm later merged with Grupo Financiero Inbursa, controlled by Carlos Slim, where Chico Pardo served as CEO. In 2003, he became a shareholder in Grupo Aeroportuario del Sureste (ASUR), marking his entry into the airport infrastructure sector. He became a controlling shareholder of ASUR in 2004.

Key Business Strategies

His primary source of wealth is airport management. As Chairman of the Board of ASUR, he has overseen the operation of airports across Mexico, Puerto Rico, and Colombia. Additionally, he founded Promecap, a private equity firm focused on investments in Mexican companies. Beyond airports, he has invested in the hospitality industry.

Philanthropy

Chico Pardo is involved in several NGOs supporting education and environmental causes. He is active in organizations dedicated to health, education, journalism, the environment, and the arts. He is a member of the Board of Trustees of the Fundación Olga y Rufino Tamayo.

Career Timeline

2025

Purchased 25% of Banamex

Citi announced the successful completion of the sale of a ~25% equity stake in Grupo Financiero Banamex, S.A. de C.V. (“Banamex”) to a company wholly-owned by Fernando Chico Pardo and members of his immediate family.

2005

Chairman of the Board of ASUR

Became Chairman of the Board of ASUR, a position he still holds.

2003

Became Shareholder in ASUR

Became a shareholder in Grupo Aeroportuario del Sureste (ASUR), entering the airport infrastructure space.

1997

Founded Promecap

Founded Promecap, a leading private equity firm in Mexico.

1982

Founded Acciones y Asesoría Bursátil

Founded a brokerage firm, marking the beginning of his career in finance.

Philanthropic Impact

Education & EnvironmentUndisclosed

Support for Education and Environment

Active in various NGOs supporting education and environmental causes.

Wealth Trajectory