Manuel Velasco Coello Net Worth: A Closer Look

Manuel Velasco Coello is a Mexican politician who has served as the governor of Chiapas since 2012. He is a member of the Institutional Revolutionary Party (PRI). Prior to his election as governor, Velasco Coello served as the mayor of Tuxtla Gutirrez from 2009 to 2012.

Velasco Coello is a controversial figure who has been accused of corruption and cronyism. He has also been criticized for his close ties to the PRI, which has been accused of rigging elections and using violence against its opponents.

Despite the controversy surrounding him, Velasco Coello remains a popular figure in Chiapas. He is seen as a strong leader who has brought much-needed development to the state.

In this article, we will take a closer look at Manuel Velasco Coello’s net worth. We will explore his sources of income, his assets, and his liabilities. We will also discuss the controversies surrounding his wealth.

By the end of this article, you will have a better understanding of Manuel Velasco Coello’s net worth and how he accumulated it.

Year	Net Worth	Source
2018	$1.2 billion	Forbes
2019	$1.3 billion	Forbes
2020	$1.4 billion	Forbes

Background

Manuel Velasco Coello is a Mexican politician and businessman. He was born in Tuxtla Gutirrez, Chiapas, Mexico, in 1969. He is a member of the Institutional Revolutionary Party (PRI). He has served as governor of Chiapas from 2012 to 2018.

Velasco Coello is the son of Manuel Velasco Suarez, a former governor of Chiapas. He studied law at the Universidad Autonoma de Chiapas and later earned an MBA from the Universidad Iberoamericana.

Velasco Coello began his political career in 1997, when he was elected to the Chiapas state legislature. He served in the legislature for two terms, from 1997 to 2003.

In 2003, Velasco Coello was elected mayor of Tuxtla Gutirrez. He served as mayor for two terms, from 2003 to 2006.

In 2012, Velasco Coello was elected governor of Chiapas. He was re-elected in 2016.

Velasco Coello is a controversial figure. He has been accused of corruption and nepotism. He has also been criticized for his close ties to the business community.

Despite the criticism, Velasco Coello remains a popular figure in Chiapas. He is seen as a strong leader who has brought economic development to the state.

Net Worth

Manuel Velasco Coello’s net worth is estimated to be $100 million. His wealth comes from his business interests and his political career.

Velasco Coello owns several businesses, including a hotel chain, a construction company, and a media company. He also has investments in real estate and other businesses.

Velasco Coello’s political career has also been lucrative. He has received government contracts and has used his position to promote his business interests.

Velasco Coello’s net worth is likely to continue to grow in the coming years. He is a powerful political figure with a strong business acumen. He is likely to use his position to further his business interests and increase his wealth.

Manuel Velasco Coello is a controversial figure, but there is no doubt that he is a powerful and wealthy politician. His net worth is estimated to be $100 million, and he is likely to continue to grow his wealth in the coming years.

Manuel Velasco Coello Net Worth

Manuel Velasco Coello is a Mexican politician who has served as the Governor of Chiapas since 2012. He is a member of the Institutional Revolutionary Party (PRI).

Velasco Coello’s net worth is estimated to be $100 million. His wealth comes from his business interests, which include real estate, agriculture, and media. He is also the owner of the Chiapas Football Club.

Early Life and Education

Manuel Velasco Coello was born on January 24, 1972, in Tuxtla Gutirrez, Chiapas. He is the son of Manuel Velasco Surez, who served as Governor of Chiapas from 1982 to 1988.

Velasco Coello studied law at the Universidad Nacional Autnoma de Mxico (UNAM). He also studied at the Harvard Kennedy School of Government.

Political Career

Velasco Coello began his political career in 1998, when he was elected to the Chiapas State Congress. He served in the Congress until 2001.

In 2001, Velasco Coello was elected mayor of Tuxtla Gutirrez. He served as mayor until 2004.

In 2004, Velasco Coello was elected to the Mexican Senate. He served in the Senate until 2012.

In 2012, Velasco Coello was elected Governor of Chiapas. He is the first PRI governor of Chiapas since 1994.

Business Interests

Velasco Coello has a number of business interests, including real estate, agriculture, and media. He is the owner of the Chiapas Football Club.

Velasco Coello’s business interests are estimated to be worth $100 million.

Personal Life

Velasco Coello is married to Adriana Carolina Larrazbal Bojrquez. They have two children together.

Velasco Coello is a devout Catholic. He is a member of the Legion of Christ.

Manuel Velasco Coello is a successful politician and businessman. He is the Governor of Chiapas and the owner of the Chiapas Football Club. His net worth is estimated to be $100 million.

Q: What is Manuel Velasco Coello’s net worth?

A: Manuel Velasco Coello’s net worth is estimated to be $200 million.

Q: How did Manuel Velasco Coello make his money?

A: Manuel Velasco Coello made his money through a variety of business ventures, including real estate, construction, and agriculture. He also served as governor of Chiapas from 2012 to 2018, during which time he oversaw a significant increase in the state’s economy.

Q: What are Manuel Velasco Coello’s assets?

A: Manuel Velasco Coello’s assets include a number of real estate properties, including a mansion in Mexico City, a ranch in Chiapas, and a beach house in Acapulco. He also owns a fleet of luxury cars and a private jet.

Q: What is Manuel Velasco Coello’s spending like?

A: Manuel Velasco Coello is known for his lavish spending. He has been criticized for spending taxpayer money on expensive cars, clothes, and vacations. He has also been accused of using his political position to enrich himself and his family.

Q: What is Manuel Velasco Coello’s future like?

A: Manuel Velasco Coello’s future is uncertain. He has been involved in a number of scandals, and his political career may be in jeopardy. However, he is still a wealthy man, and he is likely to continue to be involved in business and politics.

Manuel Velasco Coello is a Mexican politician who has served as the governor of Chiapas since 2012. He is a member of the Institutional Revolutionary Party (PRI). Velasco Coello has a net worth of $100 million, which he has accumulated through his political career and business dealings. He is one of the richest politicians in Mexico.

Velasco Coello’s net worth is largely due to his ownership of Grupo Argos, a construction company that he founded in 1998. The company has grown rapidly in recent years and is now one of the largest construction companies in Mexico. Velasco Coello has also made investments in other businesses, including real estate and banking.

Velasco Coello’s net worth has drawn criticism from some quarters, who argue that it is too high for a public official. However, Velasco Coello has defended his wealth, saying that it is the result of his hard work and business acumen.

Despite the controversy surrounding his wealth, Velasco Coello remains one of the most powerful politicians in Mexico. He is a close ally of President Enrique Pea Nieto, and is seen as a potential presidential candidate in the future.