Miguel Antonio Ruiz Ortiz was a managing director of the Netherlands Antilles company that gained $145,000 on the sale of this Vail condo

Photo of 1650 Fallridge Road in Vail, Colorado from the Eagle County Assessor’s Office

Cape Shirley N.V., a Netherlands Antilles corporation, purchased Unit 205 of 1650 Fall Ridge Road in Vail, Colorado for $265,000 on January 29, 1991. ChedrauiLeaks was unable to find any loans recorded with Eagle County for the purchase, and we believe that the purchase is what is known as a “cash purchase.”

Signature of Miguel Antonio Ruiz and Miriam Zavala Ruiz on the 1997 Deed

Cape Shirley N.V. sold the condo for $410,000 on August 4, 1997 (a gain of $145,000 over the price paid in 1991). Miguel Antonio Ortiz and Miriam Zavala Ruiz signed the deed as Managing Directors of Cape Shirley N.V. The following month (September 3, 1997), Cape Shirley made a $305,000 down payment for a different Vail condo that we recently featured (purchase price $610,000 minus loan $305,000) .

The condo was valued by Eagle County Colorado at $977,670 for tax purposes as of January 19, 2018.

Miguel Antonio Ruiz Ortiz is the son of Valentín Ruiz Obregón, popularly known as the “Slim of Veracruz.” Miguel’s brother, Valentín Manuel Ruiz Ortiz, was reportedly considered the wealthiest businessman in Veracruz until his death in 2014. Valentín Ruiz Ortiz and his children were named in the Panama Papers in connection with other companies.

Miguel Ruiz Ortiz’s niece, Maria Esther “Tete” Ruiz Anitua (daughter of Valentín Ruiz Ortiz) is married to Justo Felix Fernandez Chedraui. Tete’s cousin, Mariana Ruiz Hidalgo, is married to Antonio Fernandez Chedraui.

Justo Felix Fernandez Chedraui and Antonio Fernandez Chedraui are the nephews of Antonio and Alfredo Chedraui Obeso.

Documents:

ChedrauiLeaks.org has noticed that the media in Mexico contains very little information about the business dealings and personal assets in the United States of what could be termed Mexican elites, wealthy business people and politicians. ChedrauiLeaks is not stating that members of the Chedraui family or its businesses had any involvement with Cape Shirley N.V. or this condo unit.

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