Gustavo Alfredo Jiménez de Cisneros Rendíles (born November 20, 1945) :19 is a Venezuelan businessman and Chairman of Grupo Cisneros.
Early life and education
Cisneros is the son of Diego Cisneros and Albertina Cisneros (née Rendíles Martínez).
Cisneros’s father, Diego Cisneros, was in business in Caracas from 1929 and received the Pepsi concession for Venezuela in 1940, before going on to gain the concession for private TV channel Venevisión in 1961. The Cisneros family was the first-wealthiest in South America on the 2006 Forbes ranking.
Cisneros graduated from Suffield Academy in Connecticut in 1963. He graduated from Babson College in Massachusetts in 1968.
Grupo Cisneros
Grupo Cisneros is one of the largest privately held media entertainment organizations in the world.
Cisneros became President of Grupo Cisneros when he was 25 years old.
Cisneros’ wealth comes from his holdings in media, entertainment, telecommunications and consumer products companies. Grupo Cisneros is one of the largest privately held Spanish-language media and entertainment companies. Until the buyout of Univision, the United States’ leading Spanish-language television network, Cisneros was one of the biggest shareholders of the Company. He also owns Venevision International, which produces and distributes media and entertainment products throughout the world, and Venevisión, a Venezuelan television network. Since 1980 the Group has owned the Miss Venezuela contest and since 2001 also the Leones del Caracas baseball team.
Long an advocate of free enterprise :259 Cisneros has for many years been expanding his operations outside of Venezuela and into overseas markets, including the U.S., Spain and more recently China.
One of his major accomplishments has been a major role in the international development of telenovelas – emotion-packed melodramas based on the harsh realities of life in Latin America that are now broadcast to about 2 billion people around the world.
In August 2013, Gustavo Cisneros appointed his daughter Adriana Cisneros de Griffin as the new Chief Executive Officer (CEO) of Cisneros.
Cisneros has been developing Tropicalia, a multibillion-dollar resort in Miches, near Punta Cana, Dominican Republic. Its opening is scheduled for 2019.
In the past, he has been listed among the world’s richest men according to Forbes magazine, which estimated his fortune at US$1.38 billion in 2017.
Summary
| Gustavo Cisneros | |
|---|---|
|
Gustavo Cisneros
|
|
| Born | Gustavo Alfredo Cisneros Rendíles 20 November 1945 Caracas, Venezuela |
| Citizenship |  Venezuela Spain Dominican Republic |
| Alma mater | Babson College |
| Occupation | Media mogul |
| Net worth |  US$ 1.38 billion (2017) |
| Spouse(s) | Patricia Phelps de Cisneros |
| Children | 3 |
Gustavo Cisneros net worth and wealth: Gustavo Cisneros is a Venezuelan-Dominican billionaire media mogul who has a net worth of $4 billion dollars. Gustavo Cisneros is one of the world’s richest men and has been named as “one of Latin America’s most powerful figures.” Though he is of Cuban decent, Cisneros was actually born in Venezuela, but has lived in the Dominican Republic since the early 1990s. He maintains citizenship in both the above, as well as Spain. Cisneros is best known for his investments, property ownership, including those of multi-million dollar resorts, as well as outside business ventures. With his high income, he has been known to donate to various charities and programs, citing himself as an avid philanthropist. He is married to Patricia Phelps de Cisneros, who is known for her widespread museum work and donations. She has been a “significant benefactor” to the Museum of Modern Art (or MoMA) in New York City since 1992, as well as acting as a trustee. She also contributes to the Los Angeles county Museum of Art, the Hammer Museum. The Museum of Latin American Art, and several others. Together they are seen as a strong power couple in both business and private sectors.
Source: