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

Real: Florentino plays down Ronaldo exit talks

Real Madrid president Florentino Perez has denied that Cristiano Ronaldo will be leaving the club. The Portuguese striker hint at a possible exit from the Bernabeu in the summer after winning his third successive Champions League last night. Perez ...
Posted: May 27, 2018, 9:09 am

Cristiano is happy and will continue to be happy – Perez cools Ronaldo future talk

Cristiano Ronaldo is happy at European champions Real Madrid and will continue to be content at the LaLiga club, according to president Florentino Perez. Ronaldo dropped a post-match bombshell after Madrid beat Liverpool 3-1 in Saturday's Champions League ...
Posted: May 26, 2018, 3:44 pm

Zinedine Zidane advises Florentino Perez to put halt on signing of key Chelsea star

Zinedine Zidane has advised Florentino Perez not to seal a deal to bring Chelsea shot-stopper Thibaut Courtois to the Santiago Bernabeu in the summer. Don Balon are reporting that the Frenchman told the Madrid chief after their Champions League final win ...
Posted: May 27, 2018, 8:46 am
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