Juan Abello Net Worth is$2.1 Billion
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Juan Abello net worth: Juan Abello is a Spanish businessman who has a net worth of $2.1 billion. Once he earned the Doctor of Pharmacy degree, Juan Abello inherited Abello Laboratories from his father, Juan Abello Pascual. However, he decided to sell his family's pharmaceutical business in 1985, investing in various industries, from banking to textiles. This onetime pharmacist, acquired a 9.6% share in construction giant Sacyr Vallehermoso, where he currently serves as Vice President. More recently, he has put some money in Spain's abundant public debt. Abello is a frequent figure in tabloids, appearing along well-known politicians and members of Spanish artistic and cultural circles. Also, he is known for his remarkable art collection, which includes works by geniuses like Pablo Picasso, Francisco Goya, El Greco, Edgar Degas, Toulouse-Lautrec, Salvador Dali, Francis Bacon, and Van Gogh. Married with four children, Juan is an enthusiastic hunter who loves to watch bullfights.
Juan AbellA? Gallo (Madrid, 16 de diciembre de 1941) es un empresario espaA?ol, conocido por su valiosa colecciA?n de arte.
Casado con Ana Gamazo y Hohenlohe-Langenburg y padre de 4 hijos, es una de las mayores fortunas de EspaA?a, ademA?s de un importante coleccionista de arte.
EstudiA? en el Colegio del Pilar de Madrid. Tras conseguir el tA-tulo de Doctor en Farmacia, hereda de su padre, Juan AbellA? Pascual, los Laboratorios AbellA?. En 1976 contrata al entonces joven abogado del Estado Mario Conde como director general adjunto de la empresa. En 1983 procede a la operaciA?n de venta de los citados laboratorios a la multinacional Merck Sharp and Dohme por 2.700 millones de pesetas.
Con los beneficios de esta operaciA?n, en 1984, decide tomar el control de AntibiA?ticos S.A., de la que posee algo menos del 50% del capital, junto con su socio Mario Conde y con los hermanos Jaime y Emilio BotA-n. Mario Conde se hace con un 23% del capital, coincidiendo con la salida de los Hijos de AntA?n de Marcos de la misma, y los hermanos BotA-n se hacen con el otro 23%.
En 1987 vende la empresa AntibiA?ticos S.A. a la multinacional italiana Montedison por 58.000 millones de pesetas. Tanto AbellA? como su socio Mario Conde se hacen entonces con un importante paquete de acciones de Banesto, lo que les permite controlar la entidad bancaria. Juan AbellA? se reserva la vicepresidencia al tiempo que preside la compaA?A-a de seguros La UniA?n y El FA(C)nix.
El 23 de febrero de 1989, AbellA? vende sus acciones de Banesto y aleja su trayectoria profesional de la de Mario Conde a travA(C)s de su sociedad de inversiA?n patrimonial Torreal.
En la dA(C)cada de 1990 continuarA? su carrera empresarial, adquiriendo una parte de la compaA?A-a de telefonA-a mA?vil Airtel (luego Vodafone), de la que es presidente durante dos aA?os. Posteriormente vende sus participaciones en esta empresa e invierte en otros negocios a travA(C)s de la sociedad Torreal. Entre ellos se encuentra el

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Juan Abello Latest News

Torreal buys 20% stake in Imagina

British advertising multinational WPP has a further 20% in Imagina. Torreal is owned by Spanish entrepreneur Juan Abello. His entry into Imagina was being interpreted Wednesday evening by Spain’s politically fixated media as a move by Abello, who is held ...
Posted: April 18, 2007, 9:04 am

FACTBOX-Repsol's boardroom conflict

Three months ago, Manrique sold 0.6 percent of Sacyr. - Second Deputy Chairman: Juan Abello. Holds 10 percent of the company. Repsol board member. Abello is the owner of an extensive industrial holding company, and has shared business interests with Repsol ...
Posted: January 18, 2010, 4:00 pm

Art review: Blockbuster Abelló exhibition at Meadows Museum

It consists of works from the 15th to the 21st centuries and has been collected in just over 30 years’ time by Juan Abelló and his wife, Anna Gamazo. In contrast, “Treasures From the House of Alba: 500 Years of Art and Collecting” will illustrate ...
Posted: April 24, 2015, 12:13 pm
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