HorSt Paulmann was bornon 22 March 1935 in Santiago, Chile, Chile. HorSt Paulmann is #430 in List Billionaires People In The World. Paulmann founded Cencosud, one of the largest retail conglomerates in Latin America, with a total of 140,000 employees and operations in Argentina, Brazil, Chile, Peru and Colombia. As a teenager, Paulmann moved from his native Germany to Chile after World War II and opened his first supermarket in 1976. In addition to Cencosud's 944 supermarkets, the company manages 53 shopping centers, including Costanera Center in Chile -- South America's largest mall. In January 2016 Chilean regulators accused Cencosud, Walmart Chile and Chilean supermarket chain Unimarc of fixing the price of fresh chicken between 2008 and 2011. Cencosud faces a potential fine of $23 million. Cencosud issued a statement denying the allegations.
In 2004, Cencosud began trading its shares on the Santiago Stock Exchange, and on the NYSE starting in 2011
In 1952, Paulmann's family bought a local restaurant called Las Brisas and they soon transformed it into a supermarket
They crossed the Alps towards Italy, continued on to Argentina in 1948, and finally to Chile in 1950