# Olegario Vázquez Aldir

Olegario Vázquez Aldir (born April 28, 1972, Mexico City) is a Mexican businessman and executive director of Grupo Empresarial Ángeles. With an estimated net worth of US$9.3 billion as of 2024, he is considered one of the richest, powerful and most influential Mexicans.
Vázquez Aldir studied a Bachelor's Degree in Business Administration at the Universidad Iberoamericana; later, he pursued postgraduate studies in Administration at Boston University, another postgraduate degree in Strategic Planning at the Instituto Tecnológico Autónomo de México (ITAM), and a postgraduate degree in Health Administration and Strategic Planning at the Universidad Nacional Autónoma de México (UNAM).

## Biography

He was born in Mexico City on April 28, 1972, and started working at a very young age, combining professional experience with his studies. In 1996, he took office as the general director of Hospital Ángeles del Pedregal. In the year 2000, he was appointed corporate general director and began the expansion of the Health Sector Division of Grupo Ángeles. On October 6, 2020, the Board of Directors named him executive president of Grupo Empresarial Ángeles, and on April 20, 2024, he was appointed president and CEO of Grupo Empresarial Ángeles.
Among his professional achievements, one of the most outstanding is the creation of Grupo Empresarial Ángeles in 1998. He carried out the purchase, restructuring, and relaunch of Hoteles Camino Real in the year 2000. He also consolidated the purchase and formation of Grupo Imagen Multimedia in 2003, which became Mexico's first multimedia group, and in 2005 he executed the purchase of Grupo Financiero Multiva.
Olegario Vázquez Aldir's current responsibilities as president and CEO of Grupo Empresarial Ángeles include planning, implementing, and evaluating strategies for the Group's expansion in all its sectors.

## Telecommunications Sector

In 2003, Grupo Imagen Telecomunicaciones was sold to Grupo Empresarial Ángeles (GEA). Vázquez Aldir presented a purchase and capitalization offer to the Fernández family (holding 48% of the shares) and the businessman Alfonso Romo (owner of 27%). This opened the door for Grupo Empresarial Ángeles to enter the communications sector.
Once Grupo Imagen was acquired, Olegario Vázquez Aldir restructured the company's commercial focus and acquired new frequencies nationwide to act as repeaters for Imagen Informativa radio programming.
Vázquez Aldir continued the expansion of Grupo Imagen in 2006, acquiring a national newspaper, Excélsior. This acquisition marked the end of the worker cooperative that managed it and began a new stage, with the relaunch of the newspaper on March 18, 2006, on its 89th anniversary. The relaunch included a new design and incorporated renowned collaborators and journalists, strengthening the brand's presence in the Mexican press.
After acquiring the radio group Imagen and the newspaper Excélsior, Vázquez Aldir acquired XHRAE-TV in 2006 to enter the television sector in the Valley of Mexico. After the purchase, on May 28, 2007, the channel was relaunched under the commercial name cadenatres, with coverage throughout the Mexican Republic thanks to agreements made with PCTV to incorporate the channel into all cable television systems and with Grupo Televisa to include it in satellite television.
Since mid-2010, the integration of various acquisitions gave rise to Grupo Imagen Multimedia, composed of different audiovisual media, including the radio stations Reporte 98.5 and Imagen Informativa 90.5, the newspaper Excélsior, and the open television channels Excélsior Televisión and Cadena 3.
In September 2016, the media group created by Vázquez Aldir became Grupo Imagen, with the launch of the Imagen television channel.

## Financial Companies

Parallel to his participation in the telecommunications sector, Vázquez Aldir acquired Multivalores Grupo Financiero in 2006. At the time of purchase, it consisted of a brokerage house, an investment fund operator, and a leasing company. In March 2007, the group became Banco Multiva and Seguros Multiva. Among its objectives was to make the institution one of the most important banks in Mexico.

## Social Initiatives

He is a distinguished member of the Fundación Mexicana para la Salud, the Fundación Pro-Bosque de Chapultepec, and the Fundación Teletón. Vázquez Aldir also serves as a trustee of the Communication Council, the National Institute of Public Health, and the board of trustees of the Universidad Iberoamericana. Additionally, he is vice president of the Mexican Red Cross Council, an active member of the OTI (Ibero-American Telecommunications Organization), and a permanent member of the Mexican Olympic Committee.

## Sports Initiatives

Alongside his participation in the business sphere, his passion for sports stands out; specifically, his interest in the sport of trap shooting, which allowed him to win significant awards representing Mexico in international competitions.
It is also worth mentioning his notable activity as the owner and president of the Querétaro Football Club.

## Career

1996: Olegario Vázquez Aldir is appointed general director of Hospital Ángeles del Pedregal. 1997 to 1999: Grupo Empresarial Ángeles focuses on the service sector and begins its expansion in the health field. 2000: The Camino Real hotel chain is integrated into Grupo Empresarial Ángeles, and the group's expansion in the tourism sector begins. 2003: Grupo Empresarial Ángeles enters the communications sector by purchasing Grupo Imagen. 2006: The purchase of the newspaper Excélsior is completed, which was relaunched in April of the same year with a new image and national circulation. 2006: Grupo Imagen consolidates as a media group by purchasing the television channel Channel 28. 2006: Grupo Financiero Multiva is integrated into Grupo Empresarial Ángeles with a brokerage house, leasing company, investment fund operator, and later, a bank. 2007: Channel 28 transmissions resume under the name cadenatres, at the time the third open television network with a presence in Mexico. 2011: The Quinta Real hotels are acquired to become part of the group's Hospitality Division. 2012: The Real Inn brand is launched. 2014: Co-owner of the football team Querétaro Fútbol Club.