By gordonhigh (2015-01-15)
Teresa Machado is a Mexican business magnate. She is the daughter of Pablo Machado Llosas, one of the wealthiest Mexican businessmen of his era. He founded “Grupo Machado”, a giant Mexico-based conglomerate that specializes in the production, refinery, and distribution of raw sugar. The company has been one of the largest sugar producers and global exporters in Mexico since 1948. After Pablo’s death in 1993, his daughter Teresita took over the business and continued to grow it.
This large estate was acquired by Machado in the late 1990s and immediately renovated and expanded. Today, it includes two large mansions, a rooftop tennis court, a private gym, golf greens, and two infinity pools (including one that is half indoor and half outdoor).
Members of the family are also avid exotic car collectors. Some rare vehicles in their collection include a Ferrari Enzo, a Mercedes SLR Stirling Moss, and a Ruf CTR3. Machado’s son Pablo Gutierrez Machado is regularly featured on the “Rich Kids of Instagram” Tumblr.
With more than 18,000 square feet of total interior space and approximately 8 acres of land, this is the largest estate in the small “Bella Vista” gated community adjacent to Beverly Park, where some of the other residents include Saudi Prince Khalid Al-Faisal and billionaire Don Hankey.