Who is the Mexican millionaire who owns Tiendas Neto

In recent years, in Mexico, several convenience stores They grew very quickly. A clear example of these are the stores oxxobelonging to the company Mexican Economic Development (Femsa). However, it is not the only store that has grown and become popular in various states across the country, as there are other stores that have established themselves and become popular due to their low prices.

One of them are the online shops, a company 100% Mexican with more than 10 years of existence, and which is currently present in more than half of the Mexican territory. THE Net stores have recently become popular, thanks to the fact that they have a wide variety of own-brand products that offer more affordable prices compared to other chains, such as 3B or Oxxo.

The ace Online stores belong to Grupo Salinas, and on the page of this company there is information about them. THE online shops, According to information from the official page of Salinas Group, it was founded by Hugo Salinas Sada, son of billionaire businessman Ricardo Salinas Pliego.

you can read this Salinas Sada founded these convenience stores when he was just 22 years old, and it was his first business. Currently, Tiendas Neto has more than 1,500 branchesin 19 of the 32 states of the Mexican Republic.

The Grupo Salinas page says that these stores provide the highest quality items at the lowest price on the market to millions of families.

According to the site, the Tiendas Neto has 4 million weekly customers and approximately 10,000 employees.

Information disseminated on the official website of Tiendas Neto, indicates that its story began in 2009, at the opening of his first store, inspired by the model Hard Discount and starting with only 20 employees. In 2012, they acquired the chain great price, Grupo Gigante, with 427 stores, closing that year with 115 employees.

“Constantly working on our growth and technological improvement, we currently have more than 1,200 stores with a presence in 19 states of the Republic and we are already more than 9,000 collaborators who strive every day Creating net worth for Mexico“, specifies the site.

According to the Tiendas Neto page, the Mexican states they are in are: Aguascalientes, Mexico City, Chiapas, State of Mexico, Guanajuato, Guerrero, Hidalgo, Jalisco, Michoacán, Morelos, Nayarit, Oaxaca, Puebla, Queretaro, San Luis Potosí, Tabasco, Tlaxcala, Veracruz and Zacatecas. What stands out from the store locations is that they are located in states of the central and southern Mexicosince in the north no state stands out.

However, Neto stores are not Hugo Salinas Sada’s only big businesssince his pronounced taste for interior design and the real estate sector led him to create, in 2016, originalan innovative concept of real estate developments in exclusive areas across Mexico, which won international recognition for the architectural conceptualization and lifestyle they offer.

With facilities planned and designed by renowned architects, Hugo Salinas Sada has revolutionized the concept of a simple residence into a unique experience. Each of its residential complexes has been designed to become a true work of architectural art and conceptualized to expand the living experience.

On the other hand, the businessman has also been able to complement his great passions, such as Golfwith companies, for this reason it has opted for residential development with the greatest impact on the Riviera Maya: Corasol, who has a golf course Big Coyoteknown as the best in the region and which was designed by Nick Price, a great sports figure.