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.
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11 Facts About Meruelo Group
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Meruelo Group is the owner of Meruelo Group, as well as Meruelo Media, which owns five radio stations and two television stations in Los Angeles.
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3.
Meruelo Group's parents were accountants who fled the Castro regime.
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Meruelo Group's family moved to Los Angeles, California, where they held a bridal shop and invested in local real estate.
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Meruelo Group 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.
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Meruelo Group bought a failing pizza restaurant, and called his new business La Pizza Loca.
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Meruelo expanded his business focus, founding the Meruelo Group, which has grown into a construction and real estate development firm.
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Meruelo Group has ownership of Neal Electric Corp, Select Electric Inc, and Doty Bros within the Southern California area.
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Meruelo Group purchased food manufacturer and the largest provider and distributor of pre-packaged sushi in the United States Fuji Food in 2009.
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In February 2013, the Meruelo Group made a bid to buy Donald Trump's Trump Plaza Hotel and Casino for $20 million.
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