Alexandre Soares dos Santos’s profile picture

Alexandre Soares dos Santos

Alexandre Soares dos Santos’s profile picture
Net worth 2018: $3.3 Billion
Residence: Lisbon, Portugal
Country: Portugal
Children: 7
BIOGRAPHY

Alexandre Soares dos Santos was born in Lisbon, Portugal, Portugal. After 45 years as chairman of Portuguese food retailer Jeronimo Martins, Alexandre Soares dos Santos stepped down in 2013, passing the leadership of the publicly-traded company to his son Pedro. The 13.7 billion euro in revenue business operates the Pingo Doce and Recheio chains in Portugal, the Biedronka chain in Poland and 142 Ara locations Colombia. Jeronimo Martins traces its roots to 1792; the dos Santos family has controlled it since 1921. Alexandre took over the business from his father and Pedro is the fourth generation of family to run the business. Now CEO, Pedro started at Jeronimo Martins at age 23 and has moved up the ranks over the last 30 years.

NET WORTH STATISTIC
2011

$2.3 Billion

2012

$2.5 Billion

2013

$3 Billion

2014

$2.8 Billion

2015

$1.8 Billion

2016

$2.1 Billion

2017

$2.7 Billion

2018

$3.3 Billion

TIMELINE
2013

After leading the Portuguese food retailer Jeronimo Martins for 45 years he stepped down in November 2013

2009

In 2009 Soares dos Santos founded the Fundação Francisco Manuel dos Santos, named after his father, which dedicates itself to equal opportunities, democracy and the civil society in Portugal

1980

The late 1980s, he brought the company to the stock exchange, acquired several other companies in the food industry (including Iglo and Feira Nova), and expanded to the UK, the Netherlands and especially to Poland, where Jerónimo Martins created its local brand Biedronka with over 2000 stores, today market leader in the food trade in Poland

1974

The group came largely intact through the economic turmoil after the Carnation Revolution in 1974

1969

In 1969 his father died, founder of the Jerónimo Martins Group

1968

After he became marketing director in Brasil in 1968

1957

Soares dos Santos is married to Maria Teresa Canas Mendes da Silveira e Castro since 1957

1935

Alexandre Soares dos Santos (born 23 September 1935) is a Portuguese businessman

1792

It traces its roots to 1792, and the dos Santos family has controlled it since 1921

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