Early Life
María Asunción Aramburuzabala Larregui was born in Mexico City on May 2, 1963. She is the granddaughter of Félix Aramburuzabala Lazcano-Iturburu, a Spanish Basque immigrant who co-founded Grupo Modelo in 1925. Her father, Pablo Aramburuzabala Ocaranza, served as the Executive Vice President of Grupo Modelo. She earned a bachelor's degree in accounting from the Instituto Tecnológico Autónomo de México (ITAM).
Rise to Success
Aramburuzabala inherited a significant family stake in Grupo Modelo at the age of 32, following her father's death in 1995. She took an active role in the company, safeguarding family interests and expanding its market position. In 2013, the family sold Grupo Modelo to Anheuser-Busch InBev for $20 billion, after which Aramburuzabala reinvested the proceeds through Tresalia Capital, a family office.
Key Business Strategies
After the sale of Grupo Modelo, Aramburuzabala diversified the family's investments through Tresalia Capital, which invests in large Mexican companies in various sectors, including technology, real estate, and consumer brands. She also serves on the board of directors for several companies, including Coty Inc. and AB-InBev. Her strategies focus on strategic investments and maintaining long-lasting relationships.
Philanthropy
Maria Asuncion Aramburuzabala is involved in philanthropy, with a focus on education and social development. She supports initiatives that provide access to quality education, including scholarships and mentorship programs, particularly for women. She has also dedicated time and resources to improving healthcare in Mexico, ensuring vulnerable populations have access to the care they need.