Gustavo Cisneros’s profile picture

Gustavo Cisneros

Gustavo Cisneros’s profile picture
Net worth 2018: $1.07 Billion
Industry: Media
Residence: La Romana, Dominican Republic
Country: Venezuela
BirthDay: 1 June 1945
Sigh: Cancer
Children: 3
Education: Bachelor of Arts / Science, Babson College
BIOGRAPHY

Gustavo Cisneros was bornon 1 June 1945 in La Romana, Dominican Republic, Venezuela. Gustavo Cisneros is #1918 in List Billionaires People In The World. Gustavo Cisneros and his family own the Cisneros Group, a Florida-based conglomerate with interests in Venezuelan television stations, telecom, a brewery, real estate and a baseball team. Gustavo's daughter, Adriana, became CEO in 2013 and oversaw the restructuring of the group into four main branches: media, interactive, real estate and products & services. In February 2016, the company broke ground on Tropicalia, a luxury resort in the Dominican Republic expected to open in 2018. In October 2016, Gustavo and his wife, Patricia, gave more than 100 pieces from their collection of Latin American art to the Museum of Modern Art in New York. The donation followed an earlier gift of 40 works and will be used to found a research institute for Latin American art in 2017. Gustavo Cisneros, a descendant of Cubans, has been a vocal proponent for the normalization of relations between the United States and Cuba.

NET WORTH STATISTIC
2009

$3.8 Billion

2010

$4.2 Billion

2011

$4.2 Billion

2012

$4.2 Billion

2013

$4.4 Billion

2014

$4 Billion

2015

$3.6 Billion

2016

$2 Billion

2017

$1.4 Billion

2018

$1.07 Billion

TIMELINE
2013

In August 2013, Gustavo Cisneros appointed his daughter Adriana Cisneros de Griffin as the new Chief Executive Officer (CEO) of Cisneros

2007

In 2007, the foundation encountered resistance from the Chavez government when lending works by Venezuelan painter Armando Reveron (1889-1954) to New York’s Museum of Modern Art for the museum’s first retrospective devoted to a single Latin American artist in 50 years

2006

The Cisneros family was the first-wealthiest in South America on the 2006 Forbes ranking

2002

Although Cisneros and Hugo Chávez were originally friends and Cisneros contributed to Chávez's first presidential campaigns, Cisernos has been accused of involvement in the 2002 Venezuelan coup d'état attempt against Chávez after their relationship became strained because of Chávez's confrontation of the media

2000

The company has been headquartered in Coral Gables, Florida, since 2000

1992

She has been a significant MoMA benefactor since 1992, she has been a trustee of the museum and made substantial cash contributions to the museum’s recent renovation

1990

Cisneros has lived in the Dominican Republic since the 1990s

1980

Since 1980 the Group has owned the Miss Venezuela contest and since 2001 also the Leones del Caracas baseball team

1970

Cisneros has been married to his wife, Patricia Phelps de Cisneros, since 1970

1968

He graduated from Babson College in Massachusetts in 1968

1963

Cisneros graduated from Suffield Academy in Connecticut in 1963

1945

Gustavo Alfredo Jiménez de Cisneros Rendíles (born June 1, 1945) is a Venezuelan businessman and Chairman of Grupo Cisneros

1929

Cisneros's father, Diego Cisneros, was in business in Caracas from 1929 and received the Pepsi concession for Venezuela in 1940, before going on to gain the concession for private TV channel Venevisión in 1961

1674

Through his father, Diego Cisneros's paternal side, Cisneros is related to Pablo de Hita y Salazar, who was the 27º Governor of La Florida from 1674 to 1680

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