What is Francisco Jose Riberas Mera's Net Worth?
Francisco Jose Riberas Mera is a Spanish businessman who has a net worth of $2.6 billion. He joined the billionaire ranks thanks to Corporacion Gestamp SL, a company founded by his father, Francisco Riberas Pampliega, as a small steel trading company in 1958. By the time Francisco Jose joined the company in 1988 it was already one of the largest steel companies in the country and also diversified into auto parts in 1991. A graduate of Law and Business Administration, he initially held junior management positions.
Nowadays, he is the CEO of Corporacion Gestamp SL, which generates $11 billion in sales. A massive steel and automotive parts conglomerate as it is, the company has 96 factories worldwide, including six in China. He and his brother Juan Maria inherited an equal 50% stake in the company after their father's death in 2010. Both brothers sit on the board of the company.
