Manuel Arango Arias

Manuel Arango Arias

Manuel Arango Arias (#1970)

Global Rank #1970
Country Rank #13
Country Mexico

Manuel Arango Arias is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 2 B
  • Walmart Mexico
  • Mexico
  • M
  • 90 Years

Snapshot

Quick Facts

Global Rank #1,970
Country Rank #13
Net Worth $2.1B
Previous Worth $2.1B
Worth Change +$0.0B
Country Mexico
Industry Walmart Mexico
Age 90 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 30 Jul 2026, 12:00 AM
Residence Mexico City, Mexico
World Billionaires List Mexico Billionaires Walmart Mexico

Profile Data

Personal Stats

Age 90
Source Of Wealth Walmart Mexico, Self Made
Residence Mexico City, Mexico
Citizenship Mexico
Marital Status Widowed
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $2.1B
Current Net Worth $2.1B

Worth as of May 4, 2026

About Me

Manuel Arango and his brothers, Jeronimo (d. 2020) and Placido (d. 2020) are credited for building one of Mexico's first major retailers and helping establish Walmart's presence in the country. In 1958, as sales of their father's clothing factory dwindled, the trio founded the bargain retail chain Central de Ropa, later renamed Grupo Cifra. The company owned the Bodega Aurrera stores, selling everything from groceries to home appliances. The Arango's took the company public on the Mexican Stock Exchange in 1977. Fourteen years later, they embarked on a 50/50 partnership with Walmart to expand across Mexico. In 1997, Walmart bought a majority stake in Grupo Cifra for $1.8 billion and took over Walmex (Walmart de Mexico).

Insights

Did You Know?

Arango won two Oscars in 1971 for producing "Sentinels of Silence," a documentary short about ancient Mexican civilizations.

Wealth Growth

Net Worth Growth Over Time

Tracking Manuel Arango Arias's net worth journey over the years, highlighting key growth phases and financial milestones.

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