Angélica Fuentes Téllez is a Mexican business executive and was the majority shareholder of Grupo Omnilife-Angelissima-Chivas, a multinational corporation based in Mexico composed of nutrition supplements company Omnilife, beauty and cosmetics brand Angelíssima, and the Mexican soccer team,

C.D. Guadalajara Club Deportivo Guadalajara (); often simply known as Guadalajara () and their nickname ''Chivas'' (), is a Mexican professional football club based in Zapopan, Jalisco. Guadalajara is one of the ten founding members of the Mexican First Divi ...

, more commonly known as ''Chivas''. She founded Angelíssima in 2010, followed by the ''Angélica Fuentes Foundation'' in 2014, dedicated to promoting

women's empowerment Women's empowerment (or female empowerment) may be defined in several ways, including accepting women's viewpoints, making an effort to seek them and raising the status of women through education, awareness, literacy, and training.Kabeer, Naila ...

and achievement of gender equality in Latin America.

Biography

Fuentes is the daughter of Elma Téllez and Valentín Fuentes Varela, a successful businessman in the energy sector. Angélica is the second of six siblings. She acknowledges her father as being one of her earliest inspirations for her interest in a business career. She began her professional career working in the family business when she was 11, after convincing her father to let her work at one of his company's gas stations. While working at the gas station, she experienced discrimination for being a woman in a male-dominated industry, motivating her to work harder and generate awareness of women's rights and causes. Angélica attended the

University of Texas at El Paso The University of Texas at El Paso (UTEP) is a public research university in El Paso, Texas. It is a member of the University of Texas System. UTEP is the second-largest university in the United States to have a majority Mexican American stud ...

, graduating with a bachelor's degree in finance. Fuentes served as chairman of the board of Grupo Imperial Corporativo, an important player in the domestic and international energy market, where she worked for 29 years and is still a member of the board. While General Director of Grupo Imperial Corporativo, she also served as President of the Mexican Natural Gas Association from 1996 to 2000 and as a member of the Natural Gas Council and the American Gas Association. She is currently a board member of the Monterrey Institute of Technology and Advanced Studies at Juarez, as well as that of the Mexican-United States Chamber of Commerce, the Chihuahuan Business Foundation and BBVA Bancomer. In August 2012, she and her husband

Jorge Vergara Jorge Carlos Vergara Madrigal (; 3 March 1955 – 15 November 2019) was a Mexican businessman and film producer. He was the founder of the multi-level marketing company Grupo Omnilife. In addition to its health products business, Grupo Omnilif ...

became the sole owners of the soccer team

Chivas USA Chivas USA (pronounced ''CHEE-vahs'') was an American professional soccer team based in the Los Angeles suburb of Carson, California. The club played from 2005 to 2014 in Major League Soccer (MLS) and was a subsidiary of Mexican club C.D. Guada ...

. In October 2015, she was found guilty of fraudulent administration of the company Angelissima and fled to the USA while the affair was settled. In 2016, in the context of her divorce to the businessman Jorge Vergara, she was found guilty of illegally using 2.65 billion pesos (140 million dollars) from her husband's bank accounts to purchase shares of the Grupo Omnilife-Angelissima-Chivas and become owner of the group. In 2022, the Mexican IRS (

SAT The SAT ( ) is a standardized test widely used for college admissions in the United States. Since its debut in 1926, its name and scoring have changed several times; originally called the Scholastic Aptitude Test, it was later called the Schol ...

) publicly revealed that Angélica Fuentes Téllez owed 944 million pesos to the fiscal authorities from the 2012 fiscal year, and seized 50 of the businesswoman's brands.

Philanthropy

Fuentes is actively engaged in charitable activity work and community involvement through the Smithsonian Foundation and the Chihuahua Project. Ms. Fuentes is a founding member of Americas Business Council Foundation. She was the co-chairwoman of the ABC's 2010 Courage Forum, where she interviewed Sir Richard Branson, CEO of the Virgin Group.

Distinctions

* 2014: 5th in ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'' Mexico's list of Most Powerful Women

Personal life

She was married to the businessman

from 2008 to 2015. They have two children.

References

External links

Grupo Omilife

ABC* - Americas Business Council

ABC* - Green Forum

(Video) April 28th, 2010 Presentation: Women in Power

(Video) 2010 Courage Forum
{{DEFAULTSORT:Fuentes, Angelica 1963 births Living people Mexican billionaires Mexican company founders 21st-century Mexican businesswomen 21st-century Mexican businesspeople People from Mexico City 20th-century Mexican businesswomen 20th-century Mexican businesspeople