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Reuters
Reuters
World

Mexican billionaire arts patron Alberto Bailleres dies, aged 90

Mexican billionaire Alberto Bailleres, a mining and retail tycoon known as a patron of higher education and the arts, has died, aged 90.

Foreign Minister Marcelo Ebrard on Thursday tweeted that he mourned the death of a "distinguished Mexican businessman".

A long-time fixture on Forbes magazine's rich list with fellow Mexicans such as Carlos Slim and German Larrea, Bailleres made his fortune across a range of industries, and was a key sponsor of one of the country's most prestigious universities.

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