BillionaireNet
Luken
Rubén Coppel Luken
Rank #2123
MEXICOdiversifiedDiversified

Rubén Coppel Luken

Net Worth
$1.806B
0% (24h)
Rubén Coppel Luken, at 75, is a key figure in the Mexican retail and banking landscape. He is one of the five brothers who own Grupo Coppel, a major retail and banking business in Mexico, with sales exceeding $8 billion. He serves as the chairman of BanCoppel and Afore Coppel, the group's banking and pension fund businesses, which underscores his commitment to financial services. His wealth source is diversified, stemming from his involvement in the Grupo Coppel, a company founded in 1941 by his father and grandfather. Rubén Coppel's career reflects a dedication to the family business and a focus on expanding its reach and impact within Mexico.

The Full Dossier

Early Life

Rubén Coppel Luken was born into a family deeply rooted in the retail business in Mexico. His father, Enrique Coppel Tamayo, founded the first shop in Sinaloa in 1941, which marked the beginning of the Grupo Coppel. From a young age, Rubén was immersed in the family business, learning the intricacies of retail and customer service.

Rise to Success

Rubén Coppel Luken, along with his brothers, played a crucial role in growing Grupo Coppel into one of Mexico's largest retailers. The Coppel department stores are known for offering credit to customers, a practice that began with the founder's innovative approach to finance purchases. Rubén's leadership as the chairman of BanCoppel and Afore Coppel demonstrates his strategic vision and dedication to the company's expansion into financial services.

Key Business Strategies

Rubén has been instrumental in the strategic decisions that have propelled Grupo Coppel's success. The company focused on providing accessible credit options to a wide customer base, which enabled significant growth. Coppel's expansion into banking and pension funds under Rubén's guidance further diversified the company's offerings and strengthened its market position.

Philanthropy

While specific details on Rubén's philanthropy are unavailable, it is known that the Coppel family actively engages in social responsibility through the Coppel Foundation, contributing to education and community development. Additional details are needed to quantify the exact amounts and initiatives.

Career Timeline

2023

Chairman of Afore Coppel

Became chairman of Afore Coppel, the group's pension fund business.

2007

Chairman of BanCoppel

Became chairman of BanCoppel, the group's banking business.

1941

Co-founder

The company was founded by his father and grandfather.

Philanthropic Impact

Community DevelopmentUnknown

Coppel Foundation

Supports education and community development.

Wealth Trajectory