After 16 years, Mexico has managed to get a millionaire to pay his taxes. And they are going to use them to help young people

One of the richest men in Mexico has been litigating for two decades to avoid paying what he owes to the treasury. In an unexpected turn of events, that money that was owed has ended up financing scholarships, soccer fields and cultural centers for young people at risk of falling into drug trafficking violenceat least that is what the Mexican Government has assured.

President Claudia Sheinbaum has presented the social program “Young People Transforming Mexico” aimed at distancing young people from the influence of drug trafficking networks. During the explanation of the measures that includes the program, the president was very direct about the origin of the project’s financing: “Where does this resource come from? All this resource for young people, well, from the payment of a person who finally paid his taxes.”

Sheinbaum was not referring to just any citizen, it was a direct reference to businessman Ricardo Salinas Pliego, owner of TV Azteca, Elektra and Banco Azteca, who at the end of January settled the largest individual tax debt in the history of Mexico.

The largest payment in Mexican tax history

The conflict between Salinas Pliego and the Tax Administration Service (SAT) dates back to 2009, when the Treasury concluded that the Elektra Group, owned by Mexican millionaire Ricardo Salinas Pliego, with a estimated fortune at $5.8 billion, it had declared non-existent tax losses to artificially reduce its bill between 2008 and 2013.

As explained in the specialized medium LexLatinFor 16 years, the businessman used a strategy of systematic delay, filing appeals in multiple judicial instances and requesting recusals of judges in order to prolong the lawsuits that demanded payment of his tax debt. In the Supreme Court alone, the seven main trials generated 100 secondary processes, the majority at the initiative of the Salinas Group.

The turning point came in October 2025, when Congress approved a reform of the Amparo Lawwhich limited the possibility of challenging already final tax rulings. In November, the Supreme Court used this new law to resolve the seven trials, confirming sanctions of more than 48,000 million pesos (about 2,367 million euros), including one of more than 33,000 million pesos (about 1,627 million euros) from the 2013 fiscal year.

What began in 2009 as the claim of a tax debt of about 38,000 million pesos (around 1,874 million euros) had already exceeded 74,000 million pesos (about 3,649 million euros) due to accumulated interests, surcharges and penalties.

On January 29, 2026, Salinas Pliego made a first disbursement of its tax debt with a payment of 10,400 million pesos (about 513 million euros), which were deposited that same day into the Treasury. The total debt finally recognized has amounted to 32,132 million pesos (the equivalent of 1,584 million euros), with the remaining balance to be settled in 18 monthly payments.

This final amount represents a discount with respect to the 51,000 million pesos (about 2,515 million euros) that the Mexican treasury had initially set, since Salinas Pliego took advantage of the benefits of the Tax Code, which in this case represented a 37% reduction of the debt through voluntary payment.

As and how I collected The CountrySheinbaum He did not hide his satisfaction after knowing the sentence. “It is the largest payment that has ever been made for a case of this type. And it is really good that he decided to pay it!” The president recalled that “for many years, based on negotiations and agreements, taxes were not paid. When President Andrés Manuel López Obrador arrived, the remission of taxes was prohibited in the Constitution.”

A plan against youth violence

As Sheinbaum pointed out at the presentation event, the money collected from taxes owed for years by one of the largest fortunes in Mexico was going to be used to finance the program “Young People Transforming Mexico“.

This project includes the construction of new educational facilities, more places in secondary and higher education, as well as the expansion of the Gertrudis Bocanegra Scholarship for one million students. In the sports field, 4,208 football fields will be rehabilitated, 100 community centers will be created in high violence areas with capacity for 1,000 young people each, offering sports, cultural workshops, mental health and addiction prevention.

The objective of all these measures is to offer educational opportunities, social support and leisure to prevent young people at risk of social exclusion and without professional opportunities from falling into the networks of the Mexican drug cartels. “That young people stop any activity that has to do with criminal groups,” the president stated Mexican.

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Image | Wikimedia Commons (JGTorresH), Unsplash (Jesus Herrera)