Oxxo Net Worth (Updated 2025).
Oxxo, a household name in Mexico, was founded in 1977 by the García de Quevedo family, who saw an opportunity in the convenience store market. Starting with just one store in Mexico City, they introduced a unique business model: small, 24/7 shops offering a wide range of products, from groceries to prepaid phone cards, and even money transfers. This innovative approach quickly resonated with consumers, setting the stage for Oxxo’s rapid growth.
The company’s fame began to spread in the late 1980s and early 1990s as it expanded beyond Mexico City. Oxxo’s strategy of opening stores in high-traffic, urban areas and maintaining a consistent, user-friendly format helped it stand out. By the mid-1990s, Oxxo had become a symbol of convenience and accessibility, with thousands of stores nationwide. Today, it’s not just a store; it’s an iconic part of Mexican culture.
**Oxxo’s Current Net Worth (as of 2025)**
As of 2025, Oxxo’s current net worth is estimated to be around $30 billion, according to the latest available information. This significant figure reflects the company’s continued growth and success in the convenience store industry.
**Career**
Founded in 1978, Oxxo has grown from a small convenience store chain to a major player in the Mexican market. With over 19,000 stores across Mexico and Latin America, Oxxo has established itself as a leader in the industry, known for its innovative business model and customer-focused approach.
**Other Ventures**
In addition to its retail operations, Oxxo has diversified its business through various ventures. These include a financial services division, Oxxo Money, which offers services such as bill payments, money transfers, and mobile phone top-ups. The company also has a significant presence in the fuel sector, operating over 1,000 service stations under the Oxxo Gas brand.
**Assets**
Oxxo’s extensive network of stores and service stations represents a significant portion of its assets. As of 2021, the company’s total assets were valued at around $16 billion. This includes property, plant, and equipment, as well as investments in subsidiaries and associates.
**Annual Income**
Oxxo’s annual income has seen steady growth over the years. In 2021, the company’s total revenue reached approximately $12 billion. This income is generated primarily from the sale of products and services at its retail stores and service stations.
Frequently Asked Questions about Oxxo
**Frequently Asked Questions: Oxxo Net Worth**
1. What is Oxxo’s net worth?
Oxxo’s net worth is estimated to be around $10 billion.
2. Who is the owner of Oxxo?
Oxxo is owned by FEMSA, a Mexican company that is listed on the Mexican and New York Stock Exchanges.
3. When was Oxxo founded?
Oxxo was founded in 1978.
4. How many stores does Oxxo have?
As of 2021, Oxxo has over 19,000 stores in Mexico and other Latin American countries.
5. What are the main products sold at Oxxo?
Oxxo primarily sells convenience store products such as snacks, beverages, and household items. They also offer services like money transfers, bill payments, and mobile phone top-ups.
6. In which countries does Oxxo operate?
Oxxo operates in Mexico, Colombia, Chile, Argentina, and Peru.
7. How does Oxxo compare to other convenience store chains in terms of net worth?
Oxxo is one of the largest and most valuable convenience store chains globally. Its net worth is comparable to that of other major convenience store chains like 7-Eleven and Circle K.
8. What is Oxxo’s revenue?
Oxxo’s annual revenue is around $15 billion.
9. How many employees does Oxxo have?
Oxxo employs over 70,000 people across its operations in Latin America.
10. What is Oxxo’s market share in Mexico?
Oxxo has a significant market share in Mexico, with over 60% of the convenience store market.
