Florentino Perez Net Worth is$1.4 Billion
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Florentino Perez Net Worth: Florentino Perez is a Spanish businessman who has a net worth of $1.4 billion. A civil engineer, he has led Spain's largest construction company, Actividades de Construccion y Servicios (ACS), since 1993. However, he is probably best known for being the current president of the cocker club Real Madrid Football Club, once the team of stars like David Beckham and Zin?dine Zidane. Florentino Perez was the one to run the club from 2000 to 2006, and three years later he got re-elected president. Nowadays, Real Madrid is a leader among world's soccer clubs in terms of revenues with estimated $690.6 million for the 2011-2012 season. Whereas his engagement in soccer is more fun than running his construction business, ACS (where he has a 12.5% stake) saw a $1.4 billion loss in the first nine months of 2012. Among the main culprits for that situation are Spain's financial crisis and the burst of its housing bubble as well as ACS's 2011 acquisition of German construction firm Hochtief, which obviously made the situation worse. To clear the debt, the company sold a 3.69% stake in Iberdrola and 2,800 kilometers of power lines in Brazil, as well as it announced it would cancel the February 2013 dividend. Throughout 2013, ACS continued to sell 6.4 million treasury shares to further reduce debt.
Florentino P?(C)rez Rodr?-guez (Spanish pronunciation: [flo? 3/4 en??tino ??pe? 3/4 e?, ro????? 3/4 i??e?,]; born 8 March 1947) is a Spanish businessman, civil engineer, former politician, and current president of Real Madrid Football Club, as well as ACS. He is most famous for ushering Real Madrid's period of Los Gal??cticos, a time where he paid extremely high transfer fees for elite footballers.

P?(C)rez joined the Union of the Democratic Centre party in 1979, serving among others on Madrid city council.
In 1986, P?(C)rez ran in the Spanish general elections as candidate for the Partido Reformista Democr??tico (Democratic Reform Party). He attended the Polytechnic University of Madrid.
In 1993, he was named vice president of OCP Construcciones. After the fusion of OCP with Gines y Navarro into Actividades de Construcci??n y Servicios, S.A. (ACS) in 1997, he became president of the new company.
Florentino P?(C)rez first ran for the presidency of Real Madrid in the 19 February 1995 election. He campaigned on the poor financial situation of the club and the alleged mismanagement by the board extensively, but lost to the incumbent Ram??n Mendoza by 700 votes.
His second attempt was more successful when he took over as president in 2000, beating the current chairman at that time, Lorenzo Sanz. Sanz assumed that the recently won European Cups in 1998 and 2000 would give him enough credit to win the elections, but P?(C)rez's campaign, once again highlighting the financial problems of the club and claims of mismanagement by the previous boards, proved otherwise. P?(C)rez's promise to bring in Lu?-s Figo from arch-rivals FC Barcelona also played a decisive role in the elections. P?(C)rez was reelected in 2004 with 94.2% of the total votes.
Lu?-s Figo also marked the start of P?(C)rez's policy to bring one of the best football players in the world to Real Madrid each season. The strategy was initially known as that of Zidanes y Pavones - in which

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Florentino Perez Latest News

Florentino Perez rebuffs new Bernabeu criticism

While Real Madrid's members' assembly has been a good chance for Florentino Perez to instil his authority on the club, the president has also been forced to dispel negativity surrounding the plans to revamp the Estadio Santiago Bernabeu. Concerns certainly ...
Posted: October 23, 2016, 5:45 am

Florentino Perez wanted Pep Guardiola to take over from Rafael Benitez at Real Madrid

Pep Guardiola could have been the man to have managed both Real Madrid and Barcelona if he had accepted Florentino Perez’s offer a year ago to be the next manager at the Bernabeu. Guardiola managed one of the greatest Barcelona teams in the history of ...
Posted: October 27, 2016, 9:17 am

Real Madrid planned swoop for Pep Guardiola to replace Rafa Benitez

Madrid's remarkable plot to bring Guardiola to the Spanish capital has been revealed by the manager's friend and biographer Marti Perarnau, who says Real chief Florentino Perez wanted him to replace Rafa Benitez. Madrid sacked Benitez in January - with ...
Posted: October 26, 2016, 11:49 pm
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