Mr. Belausteguigoitia studied chemical engineering at the Universidad National Autonoma de México, receiving his degree in 1955. He took postgraduate courses in production engineering management and economics at London University’s Imperial College and at the London School of Economics. He has taught courses on business policy at IESE and on agro industries at IPADE. He did an AMP at Harvard in 1985 and received Harvard’s Achievement Award in 1987.
He is a Board member of several companies: Beta San Miguel – Sugar; Beta Santa Monica – Milk; OPISA - in Bilbao; Unagra- Financial society; and Desc – which he founded jointly with Manuel Senderos. He also founded the Arocena Museum in Coahuila Torreón.
He is also an art collector and sailor.