Hugo Salinas Price

Hugo Salinas Price (born March 11, 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 factory assembling electronic appliances for the Salinas y Rocha chain, a national 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.[1] Salinas Price is President, Mexican Civic Association Pro Silver, A.C.

Hugo Salinas Price
Hugo Salinas Price in 2009
Born (1932-03-11) March 11, 1932
Bryn Athyn, Pennsylvania
Other namesHugo Benjamin Salinas
Alma materWharton School, University of Pennsylvania
Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM)
Universidad Nacional Autónoma de México (UNAM)
OccupationElectronics Retailer (Retired)
Spouse(s)Esther Pliego de Salinas
ChildrenRicardo Salinas Pliego
Esther Salinas Pliego
Guillermo Salinas Pliego
Rebeca Salinas Pliego
Norah Emilia Salinas Pliego
Parent(s)Hugo Salina Rocha
Norah Price

Birth and education

Salinas was born on March 11, 1932[2] in Bryn Athyn, Pennsylvania, his mother's home town.[3] He graduated from the Academy of the New Church Secondary Schools in 1949.[4] He studied at the Wharton School from University of Pennsylvania, at the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) and law from the Universidad Nacional Autónoma de México (UNAM).

Career
  • Has served as Grupo Elektra's Honorary President since 1993.
  • From 1952 to 1987, he was a Director of the company.
  • He is now President of the Asociación Cívica Mexicana Pro-Plata A.C., which he founded in 1997.

References
  1. A speech by Hugo Salinas Price August 25, 2016 http://www.plata.com.mx/Mplata/articulos/articlesFilt.asp?fiidarticulo=293
  1. "The Dollar Vigilante: An Interview with Hugo Salinas Price on a Return to a Silver Mexican Peso". Archived from the original on March 15, 2016. Retrieved May 20, 2011.
  2. New Church Life 1932, p. 241
  3. "Archived copy". Archived from the original on March 15, 2016. Retrieved May 20, 2011.CS1 maint: archived copy as title (link)
  4. New Church Life 1949, p. 380


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