Horst Paulmann’s profile picture

Horst Paulmann

Horst Paulmann’s profile picture
Net worth 2018: $4.93 Billion
Residence: Santiago, Chile
Country: Chile
BirthDay: 22 March 1935
Sigh: Aries
Children: 3
BIOGRAPHY

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.

NET WORTH STATISTIC
2010

$5 Billion

2011

$10.5 Billion

2012

$9.3 Billion

2013

$9.7 Billion

2014

$4.7 Billion

2015

$4.4 Billion

2016

$3.7 Billion

2017

$4.7 Billion

2018

$4.93 Billion

TIMELINE
2004

In 2004, Cencosud began trading its shares on the Santiago Stock Exchange, and on the NYSE starting in 2011

1978

Cencosud was founded by HorSt Paulmann on 10 November 1978 when he assumed the role of CEO and chairman

1952

In 1952, Paulmann's family bought a local restaurant called Las Brisas and they soon transformed it into a supermarket

1948

They crossed the Alps towards Italy, continued on to Argentina in 1948, and finally to Chile in 1950

1946

In 1946, HorSt Paulmann and his family, consisting of his parents and seven siblings, emigrated from Germany after the end of World War II

1935

HorSt Paulmann Kemna (born 22 March 1935) is a German-Chilean billionaire entrepreneur

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