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Horst Paulmann
Horst Paulmann Net Worth is $9.3 Billion. What is Horst Paulmann's net worth? Horst Paulmann's net worth is $9.3 billion dollars which makes him one of the richest people in Chile. Born in Germany, Horst Paulmann moved to Chile just after World War. Horst Paulmann is a German-Ch...

Horst Paulmann Net Worth is $9.3 Billion.

Horst Paulmann Net Worth is $9.3 Billion. What is Horst Paulmann's net worth? Horst Paulmann's net worth is $9.3 billion dollars which makes him one of the richest people in Chile. Born in Germany, Horst Paulmann moved to Chile just after World War Horst Paulmann is a German-Chilean businessman. He is the CEO and Chairman of the Board of Cencosud.
Horst Paulmann was born in 1936 in Germany. He immigrated to Chile as a teenager after the Second World War. In 1976, he opened the first Hipermercados Jumbo and he has forty-three as of 2011, in Chile, but also in Argentina, Brazil, Peru and Colombia. He has served on the Board of Directors of Banco Paris and the Costanera Center. He is a member of the Latin American Advisory Board of Deutsche Bank.
He lives in Santiago. According to the March 2011 issue of Forbes, he is worth US$10.5 billion. He owns 64% of Cencosud. He is the second richest person in Chile, and the 75th richest person in the world. In 2008, he received an honorary diploma from the Konex Foundation.
He is married with three children. All three sit on the Board of Directors of Cencosud.
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Horst Paulmann Latest News

UPDATE 1-Cencosud to invest $700 mln 2010, restart mall

“I’ve just spoken to President (Michelle) Bachelet and invited her to join me on December 16 to toast the resumption of Costanera Center,” said Horst Paulmann, Cencosud’s owner, told reporters. “It is an emblematic project, which will change the ...
Posted: December 3, 2009, 4:00 pm

Gujarati college dropout among Forbes' new billionaires

The Gujarati college dropout Shahid Balwa, and a Pakistani exporter Mian Muhammad ... Out of the 97 debutantes in the list, the richest is Chile's Horst Paulmann and family, with a fortune of $5 billion. Paulmann established Cencosud, one of Chile's ...
Posted: March 11, 2010, 10:05 am

Gates widens lead over Slim as richest lose $27 billion

Thomson Reuters is a competitor of Bloomberg News. Billionaire Horst Paulmann's Cencosud SA is handing bondholders the best returns among high-grade Chilean debt as the retailer's $1.6 billion share sale trims the record leverage that put it at risk of a ...
Posted: June 2, 2013, 9:00 pm

Santiago de Chile has the tallest building in South America

The crowning as the tallest building in South America, which is expected to demand over a billion ... and it has been long time in the drawing board”, said Horst Paulmann from the Cencosud holding responsible for the investment. The cost has ballooned ...
Posted: May 16, 2018, 7:32 am

Latin American ADRs Heatmap: Weekly Update

Cencosud (NYSE:CNCO) declined the most in our sample by 7.2% due to follow-on offering. Horst Paulmann sold 170.5 million shares decreasing its controlling stake 5.7% to 54.0%, proceeds are expected to pay down Paulmann´s personal debt. In addition ...
Posted: July 18, 2016, 8:09 am
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