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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 expanding in Latam, to control Johnson's

Chairman Horst Paulmann said Cencosud CEN.SN will open 25 supermarkets in Peru next year and plans to open the Paris department store in its Andean neighbor. He declined to give details on the amount of investment planned. "We've got a lot to do ...
Posted: October 20, 2011, 4:15 pm

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, 3:14 pm

Cencosud Continues Expansion, Catching Up to Wal-Mart

Cencosud, led by self-made Chilean billionaire Horst Paulmann, is continuing its expansion into Brazil and further cementing its place as a giant in the retail industry. The most recent acquisition is continuing to help Paulmann close the gap on Wal-Mart ...
Posted: June 19, 2012, 5:00 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 18, 2012, 5:00 pm

Billionaire Paulmann’s Purchase Hits Cencosud Debt: Andes Credit

Chilean billionaire Horst Paulmann’s debt-financed acquisition of Carrefour SA’s (CA) Colombian assets is turning Cencosud SA (CENCOSUD)’s bonds into the country’s worst performers. The extra yield investors demand to own the Santiago-based ...
Posted: November 29, 2012, 12:16 pm
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