Juan Fernando Belmont Anderson was born in Peru. Fernando Belmont is the founder and owner of Yanbal Internacional, a fast-growing door-to-door cosmetics company with estimated sales of $800 million and operations in ten countries. He was new to the Forbes Billionaires list in 2013 when we valued his fortune at $2.2 billion. But new information about the company led us to compare it to multi-level marketing companies like Herbalife or direct sales companies like Oriflame, which are priced at much lower multiples than mainstream cosmetics firms like Brazil's Natura. Yanbal's sales have held steady in the past year. Fernando and younger brother Eduardo used to run a jointly-owned cosmetics firm before they dissolved their partnership in 1988. Fernando has since expanded the firm to Spain and other Latin American countries, with a large presence in Ecuador. His favorite hobby is golf.