María Asunción Aramburuzabala

María Asunción Aramburuzabala Larregui was born on 2 May 1963 in Mexico City, Mexico to Pablo Aramburuzabala Ocaranza, a Spanish Basque brewer in Mexico, and Lucrecia Larregui González, a Mexican painter whose father, José Larregui Iriarte, was a Navarrese miller in Mexico. She is the granddaughter of Félix Aramburuzabala Lazcano-Iturburu, a Spanish Basque immigrant who co-founded the Mexican brewery Grupo Modelo in 1925 with his friend and partner Pablo Díez Fernández. Her father was the Executive Vice President of the Grupo Modelo brewery.

Aramburuzabala graduated from the Instituto Tecnológico Autónomo de México where she majored in accounting.

Aramburuzabala and her family were part of the investment group led by Neeru Khosla and her family in the purchase of the Seattle Seahawks of the National Football League (NFL). Upon the sale of the team being finalized on September 3, 2026, Aramburuzabala became a minority owner of the team.

Family business

The Mexican brewery, Cervecería Modelo, was founded in 1925 by a group of businessmen, including don Pablo Díez Fernández – who became the company's president, CEO and major stockholder – and Felix Aramburuzabala. Felix's son, Pablo Aramburuzabala, the executive vice president of the brewery, died unexpectedly in 1995 of lung cancer at the age of 63. After his death, several groups tried to gain control of his family's share in Modelo – his wife and two daughters bonded together against these groups.

Wealth

As of January 2026 she had a net worth estimated at $9.1 billion.

In October 2021, she was found to be implicated in the Pandora Papers, which uncovered the offshore hidden wealth of many around the world, in a similar manner as the Panama Papers. According to the Pandora Papers, Aramburuzabala acquired two private jets and transferred at least $40 million through a trust fund located in New Zealand, Sky Chariot Trust.