Mexico’s $15 billion clans feel the pinch

Collectively, Mexico's $15 billion clans are worth $33.3 billion this year, $1.2 billion less than their aggregate wealth a year ago, according to Forbes Mexico's 2017 billionaire ranking, which lists both individuals' and families' net worth.

Eduardo Garcia, author of "La lista Forbes de los mexicanos más ricos en 2017," (Forbes Mexico's list of the richest Mexicans in 2017), said that unlike Forbes' flagship The World Billionaires ranks, which focuses on individual or nuclear-family wealth, Forbes Mexico ranks include extended family fortunes. The 15 billionaire clans, published by Forbes Mexico, therefore, are not included in Forbes' 2017 billionaire ranking.

Source: Forbes