Businessperson

Jorge Vergara Net Worth: How Rich was Chivas Owner Actually?

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2 years ago

October 30, 2023

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Jorge Vergara was a Mexican businessman and film producer. He was the owner of the Mexican soccer club Chivas of Guadalajara and also the MLS club Chivas USA. Jorge Vergara’s net worth at the time of his death is estimated to be $1.5 billion.

Vergara was born on March 3, 1955, in Guadalajara, Mexico. His business career started in the 1980s when he was recruited by John Peterson as a Herbalife salesperson. At that time, Herbalife had not received Mexican government approval to sell their products and they had to smuggle the products into the country.

Over time, Herbalife began to take notice of government approval and he was instrumental in helping Herbalife’s founder Mark Hughes to get a deal with the Mexican government. Since its foundation in 1991, the company has grown from one company Omnlife de Mexico, to comprise 19 companies. Today, around 5.2 million people distribute Omnilife products in 22 countries, while the company has reached annual sales of nearly $4.2 billion. Vergara was the director of Omnilife from 1991 to his death.

A film lover, Vergara has also produced internationally recognized films like ‘The Assassination of Richard Nixon’ and the Oscar-nominated ‘Y tu mama tambien’ through the production company, Producciones Anhelo. For the 2004 edition of the Guadalajara Film Festival, Vergara created the JVC Award for Best Director, which was given to Fernando Eimbcke for his movie Temporada de Patos.

In 2002, Vergara gained ownership of the football team Club Deportivo Guadalajara. While attending the 2004 US MLS All-Star Game, he announced that he would expand Chivas to MLS. Chivas in the MLS was successful initially. In its first five seasons of operation, the team recorded four straight MLS playoff appearances. In August 2012, Vergara and his former wife became the sole owners of the club.

On February 20, 2014, MLS purchased Chivas USA from Vergara. The team now has the name Los Angeles Football Club and began MLS play in 2018.

Regarding his personal life, Jorge has been married two times. He first married Angelica Fuentes Tellez and got divorced on September 21, 2015. After that, Vergara married Rossana Lerdo de Tejada on June 10, 2017, in Guadalajara. Vergara had six children.

He was the owner of the Costa Rican football team Saprissa from 2003 to 2011

On November 15, 2019, at the age of 64, Jorge Vergara died of a heart attack in New York City.

Regarding his personal life, Vergara had six children and was married to Rossana Lerdo de Tejada in 2017, who is his widow

Amaury Vergara, upon his passing. Amaury’s words provide insight into the values Vergara instilled in his family: “We honor my father the way he always taught us with his example: working day in and day out, taking care of others, and reaching our dreams”