Hugo Salinas Price
Encyclopedia
Hugo Salinas Price is the founder of Mexico's Elektra
Grupo Elektra
Grupo Elektra is a Mexican financial and retail corporation owned by Grupo Salinas. It is listed on the New York Stock Exchange , the Bolsa Mexicana de Valores and on the Spanish Stock Market Latibex ....

 retail chain. The current head of Elektra is his son Ricardo Salinas Pliego
Ricardo Salinas Pliego
Ricardo Benjamín Salinas Pliego is a Mexican businessman and one of Forbes World's Richest People since 2000. He serves as President and CEO of Grupo Salinas and Grupo Elektra, two holdings with interests vested in telecommunications, media and retail stores, among those TV Azteca, Elektra,...

. Elektra began as a workshop assembling electronic appliances for the Salinas Y Rochas chain a small regional retailer of appliances. Elektra then set up a direct sales operation offering appliances on installments. Hugo Salinas Price currently is retired from retailing and focuses on being a proponent of a sound financial policy for Mexico. Salianas Price is President, Mexican Civic Association Pro Silver, A.C.

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