Julio Ponce Lerou was born in Santiago, Chile, Chile. Julio Ponce Lerou is #440 in List Billionaires People In The World. Julio Ponce Lerou, a former son-in-law of the late Chilean dictator Augusto Pinochet, derives his fortune from his stake in Sociedad de Quimica y Minera de Chile (SQM), a publicly-traded chemicals and mining company that was privatized by Pinochet's government in the 1980s. For almost 40 years Ponce headed SQM, one of the world's largest producers of potassium nitrate, iodine and lithium -- chemicals used in fertilizers and LCD screens -- but he resigned as chairman in April 2015, citing personal reasons.
Until 1982 he was president of Chilean state-owned forestry company Complejo Forestal y Maderero Panguipulli while he was simultaneously president of CELCO, a wood pulp company