Information about Julio Mario SantoDomingo

Julio Mario Santo Domingo is a Colombian (born in Panamá, but his family is originally from Barranquilla, Colombia ) businessman, listed by Forbes magazine as one of the wealthiest men in his country, with a fortune of 7 billion US dollars. Through his majority stake of Grupo Empresarial Bavaria and holding company Valores Bavaria, he controls more than 100 companies in a diversified portfolio of industries that most notably includes beverages[citation needed]. Lately, he made a financial transaction in which Bavaria S.A. merged with South African company SABMiller. In this merging, Santo Domingo acquired the 15.1% of SAB Miller[citation needed], becoming the second shareholder of the second largest beverage company of the world.

See Also: Latin America's most important businessmen

External links
Forbes.com: Forbes World's Richest People
Latin Business Chronicle: Latin America's Billionaires
Julio Mario Santo Domingo The World's Richest People: Billionaires

GENERAL INFORMATION

• Age: 83


• Fortune: inherited and growing


• Source: beer, diversified


• Net Worth: $5.7 bil


• Country Of Citizenship: Colombia Residence: Bogota , Colombia, Latin America


• Industry: Beverages


• Marital Status: married, 3 children


• Education: University of Virginia


• Jet-setting beer magnate turned over operations of his Bavaria brewery to SABMiller in 2005. Now owns significant SABMiller stake. Since 2002 has slashed losses at Valores Bavaria, a holding company with interests in telecom, banks and a recently acquired 70% of Dasigno, an Internet-services company. Keeps homes in New York City, Paris and Baru, his private island off the Caribbean coast of Colombia. Once served as Colombia's ambassador to China.

Bibliography

1. http://www.forbes.com/lists/2007/10/07billionaires_Julio-Mario-Santo-Domingo_YNZG.html



2. www.answers.com/topic/julio-mario