REAL TIME NET WORTH — as of 5/5/17
$1.93 B
Luis Enrique Yarur Rey is the chairman of Banco de Credito e Inversiones (Bci), a Chilean retail and commercial bank with more than 300 branches throughout Chile and Florida, and even one in Antarctica. The bank was founded by the Yarur family in 1937, and today is one of Chile’s largest banking institutions with more than $45 billion in assets. In 2015, Bci purchased Miami-based City National Bank of Florida for $947 million. The acquisition marked the first time a Chilean bank purchased a U.S. financial institution.
Luis Enrique Yarur Rey Net Worth: Luis Enrique Yarur Rey is a Chilean businessman who has a net worth of $1.5 billion. Having derived his net worth from the 42% stake in the holding company Empresas Juan Yarur S.A.C. (which is active in the fields of banking, insurance, and food processing), Luis Enrique Yarur Rey entered the billionaire ranks for the first time this year. Also, he holds a 54% stake in the leading Chilean bank, Banco de Crédito e Inversiones (BCI), which he inherited from his uncle Jorge Yarur Banna. Apart from being a majority shareholder in BCI, Mr. Rey served as BCI’s CEO for 11 years, whereas he became Chairman in October, 1991. Married with 8 children, he is also a prominent member of the Catholic group, Opus Dei.
Source:
1. forbes