He became the CEO of
Grupo Televisa 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 and
Banamex. 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==