Emilio Fernando Azcárraga Jean III (; born 21 February 1968) is a Mexican businessman who currently serves as the

chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

of both

mass media Mass media refers to a diverse array of media technologies that reach a large audience via mass communication. The technologies through which this communication takes place include a variety of outlets. Broadcast media transmit information ...

company

Televisa Grupo Televisa is a Mexican multimedia mass media company. A major Latin American mass media corporation, it often presents itself as the largest producer of Spanish-language content. In April 2021, Televisa and Univision Communications announce ...

and professional

football Football is a family of team sports that involve, to varying degrees, kicking a ball to score a goal. Unqualified, the word ''football'' normally means the form of football that is the most popular where the word is used. Sports commonly c ...

team

Club América Club de Fútbol América S.A. de C.V., commonly known as Club América or simply América, is a professional football club based in Mexico City. Nicknamed ''Las Águilas'' (The Eagles), it competes in Liga MX, the top tier of Mexican football ...

. In 1997, at the age of 29, Azcárraga Jean became the CEO of Grupo Televisa – which had been founded by his family in 1973 – following the death of his father

Emilio Azcárraga Milmo Emilio Azcárraga Milmo or Emilio Azcárraga Jr. (September 6, 1930 in San Antonio, Texas - April 16, 1997 outside Miami, Florida) was a Mexican-American businessman and the son of Emilio Azcárraga Vidaurreta and Laura Milmo Hickman. He was educa ...

. He led Televisa for twenty years, and was credited with the financial turnaround of a highly indebted and struggling company. Under Azcárraga Jean, Televisa expanded its satellite TV, cable and telecommunications businesses, however the rise of the internet and growing competition are considered the main reasons behind years of declining advertising revenue. He stepped down from his role as CEO in 2017, though still serves as the company’s chairman of the board.

Early life and education

He was born in Mexico City in 1968. His father is

and his mother is Nadine Jean, a

French French (french: français(e), link=no) may refer to: * Something of, from, or related to France ** French language, which originated in France, and its various dialects and accents ** French people, a nation and ethnic group identified with Franc ...

citizen and third wife of Azcárraga Milmo. He attended

Lakefield College School Lakefield College School (sometimes called LCS, The Grove or simply Lakefield) is a private day and boarding school located north of the village of Lakefield, Ontario. It was the first Canadian member of Round Square, an international affiliation ...

Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Ca ...

, Canada, and

Universidad Iberoamericana The Ibero-American University ( es, Universidad Iberoamericana), also referred to by its acronym ''UIA'' but commonly known as ''Ibero'' or ''La Ibero'') is a private, Catholic, Mexican higher education institution, sponsored by the Mexican provi ...

until fifth semester.

Career

He became the CEO of

Grupo Televisa Grupo Televisa is a Mexican multimedia mass media company. A major Latin American mass media corporation, it often presents itself as the largest producer of Spanish-language content. In April 2021, Televisa and Univision Communications announce ...

at the age of 29, after the death of his father. He is one of the richest businesspersons in Latin America, ranked seventh-richest in Mexico and 512th-richest globally with a fortune estimated at $2.3 billion as of March 2011. He is also a Board Member of

Univision Univision () is an American Spanish-language free-to-air television network owned by TelevisaUnivision. It is the United States' largest provider of Spanish-language content. The network's programming is aimed at the Latino public and includes ...

and

Banamex #redirect Grupo Financiero Banamex Grupo Financiero Banamex S.A. de C.V. has its origins and is the owner of the Banco Nacional de México or Citibanamex (formerly Banamex). It is the second-largest bank in Mexico. The Banamex Financial Group wa ...

. Azcárraga Jean is also a global board member of Endeavor. Endeavor is an international non-profit development organization that finds and supports high-impact entrepreneurs in emerging markets. Azcárraga Jean is widely credited for turning around Televisa into the prosperous company after the death of his father. Azcárraga, together with his close friends and colleagues José Bastón, Alfonso de Angoitia Noriega and Bernardo Gómez were able to bring Televisa back from a near bankruptcy. On October 26, 2017, Televisa announced that Azcárraga Jean was stepping down as CEO of the firm on January 1, 2018. This decision came amid Televisa's declining advertisement sales and growing competition in the online market.

Ancestors

Awards and honors

* 2004, Golden Plate Award of the

American Academy of Achievement The American Academy of Achievement, colloquially known as the Academy of Achievement, is a non-profit educational organization that recognizes some of the highest achieving individuals in diverse fields and gives them the opportunity to meet o ...

* 2012, Grand Order of Solidarity Award of the Organizacion Internacional de Teletones (Oritel) * 2014, Broadcasting & Cable Hall of Fame * 2014, Tarikoff Legacy Award * 2017, International Emmy Directorate Award

References

External links

Profile on Endeavor's Board of Directors
* 1968 births

Emilio Azcarraga Jean Emilio may refer to: * Emilio Navaira, a Mexican-American singer often called "Emilio" * Emilio Piazza Memorial School, in Port Harcourt, Rivers State * Emilio (given name) * ''Emilio'' (film), a 2008 film by Kim Jorgensen See also * Emílio (dis ...

Lakefield College School alumni Mexican football chairmen and investors Universidad Iberoamericana alumni Living people Businesspeople from Mexico City Mexican billionaires Mexican mass media owners Mexican people of Basque descent Mexican people of English descent Mexican people of French descent Mexican people of Irish descent Magazine publishers (people) Mexican newspaper publishers (people) International Emmy Directorate Award Mexican television executives Chairmen of Televisa {{mexico-business-bio-stub