Name
David Penaloza Alanis
David Penaloza Alanis
Mexico City, Mexico
Mexico
toll roads
$1,200,000,000
1818
#1818 Billionaires 2019
David Penaloza Alanis is the son of David Penaloza Sandoval, the founder of construction and infrastructure company Grupo Tribasa.Tribasa, known for building and operating toll roads, ran into financial problems after the peso 1994 crisis and was forced to renegotiate its debts.The company began trading on the Mexican stock exchange again in 2005 and was renamed Promotora y Operadora de Infraestructura, or Pinfra, in 2006.During the restructuring, Penaloza Alanis replaced his father at the helm and as its largest shareholder.He owns about 30% of the company, which has 16 toll-road concessions throughout Mexico.
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