14 Facts About Alex Meruelo


Alex Meruelo was born on March 27,1964 and is a Cuban-American billionaire who holds business interests in banking, real estate, media, restaurants, food, casinos, and professional sports.


Alex Meruelo is the owner of Meruelo Group, as well as Meruelo Media, which owns five radio stations and two television stations in Los Angeles.


Alex Meruelo's parents were accountants who fled the Castro regime.


Alex Meruelo's family moved to Los Angeles, California, where they held a bridal shop and invested in local real estate.


Alex Meruelo started to invest in real estate at an early age, and eventually sold a plot of land in Riverside to Walmart, making him a millionaire in his early 20s.


Alex Meruelo bought a failing pizza restaurant, and called his new business La Pizza Loca.


Alex Meruelo expanded his business focus, founding the Alex Meruelo Group, which has grown into a construction and real estate development firm.


Alex Meruelo Group has ownership of Neal Electric Corp, Select Electric Inc.


Alex Meruelo purchased food manufacturer and the largest provider and distributor of pre-packaged sushi in the United States Fuji Food in 2009.


In September 2011, Alex Meruelo announced a $25 million investment in the renovation of the Grand Sierra Resort in Reno, Nevada.


In February 2013, the Alex Meruelo Group made a bid to buy Donald Trump's Trump Plaza Hotel and Casino for $20 million.


On June 28,2019, The Meruelo Group and Alex Meruelo announced plans to rename the SLS Hotel as The Sahara Las Vegas.


In May 2008, Alex Meruelo purchased a 8,500-square-foot, $7.05 million house at 36 Indian Creek Drive in Miami.


In June 2021, Alex Meruelo purchased a 22,000-square-foot, $12.1 million house in Paradise Valley, AZ.