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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

Cencosud SA : Chile's Cencosud Struggles With Argentina Currency Restrictions

"We are all worried when there's an official exchange rate of one dollar to five pesos and a dollar blue that's equivalent to more than eight pesos," Chairman and controlling shareholder Horst Paulmann said during his company's annual shareholder meeting.
Posted: April 26, 2013, 10:47 am

Chile Cencosud says regional expansion a must

"We're looking at other alternatives, but not only in Colombia. Latin America is very big," said Cencosud President Horst Paulmann told reporters following the company's annual shareholders meeting. Cencosud, which operates supermarkets, department stores ...
Posted: April 27, 2007, 11:14 am

Cencosud shareholders okay $1.5 bln capital hike

Horst Paulmann's family, which has a 60.8% stake in Cencosud as of Sept. 30, will fully subscribe to the increase as part of shareholders' preemptive right. The equity transaction will also have around $150 million in stock option for employees ...
Posted: November 20, 2012, 9:13 am

Chile's tallest building casts a shadow

Its owner, German-born supermarket magnate Horst Paulmann, once gushed that the site will be for Santiago what the Eiffel Tower is for Paris - a comparison that raised eyebrows, if not snickers. "The Eiffel Tower is a monument, not a building. There is no ...
Posted: December 16, 2012, 10:27 pm

Billionaire Catching Wal-Mart Brazil as Cencosud Surges

On four separate occasions last year, Horst Paulmann, the billionaire supermarket mogul who controls Santiago-based Cencosud SA (CENCOSUD), sat down with members of the Cunha family of Rio de Janeiro and regaled them with stories of his modest beginnings ...
Posted: June 20, 2012, 5:39 pm
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