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Horst Paulmann & family
PROFILE
Horst Paulmann & family
$3.9B
$49M (1.24%)
Real Time Net Worth
as of 5/30/24
Reflects change since 5 pm ET of prior trading day.
Photo by Rodrigo Sepulveda/GDA Photo Service/Newscom
About Horst Paulmann & family
German-Chilean mogul Horst Paulmann is the founder of Cencosud, one of the largest retail conglomerates in Latin America.
The publicly-traded company has 120,000 employees and operations in Argentina, Brazil, Chile, Peru and Colombia; Paulmann and his family own a 55% stake.
As a teenager, Paulmann moved from his native Germany to Chile after World War II and opened his first supermarket in 1976.
Cencosud has nearly 1,500 supermarkets and dozens of shopping centers, including Costanera Center in Chile, South America's largest mall.
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