REAL TIME NET WORTH — as of 4/28/17
$3.1 B
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.
Julio Ponce net worth: Julio Ponce is a Chilean businessman who has a net worth of $2 billion. Julio Ponce is a 25% shareholder in Chemical and Mining Co. of Chile which is one of the world’s largest producers of chemicals used in fertilizers and LCD screens such as iodine, lithium, and potassium nitrate. He is the Chairman of the company known as SQM in Chile. Julio Ponce was fined $70 million in 2014 for the illegal trading of stocks. He served as president of a Chilean state owned forestry company and president of a wood pulp company named CELCO. Ponce is the former son-in-law of the Chilean dictator Augusto Pinochet. He is divorced with one child and lives in Santiago, Chile.
Source:
1. forbes