Alberto Cortina
Investments

Alberto Cortina Net Worth

Alberto Cortina and his cousin Alberto Alcocer, known as Los Albertos, were married to sister heiresses Alicia and Esther Koplowitz and ran their wives' construction company Construcciones y Contratas from the early 1970s until 1989. After the marriages ended, the sisters took over the company and Los Albertos moved onto banking, running Banco Zaragozano. They sold their combined 40% stake to Barclays in 2004 and now hold stakes in construction firm Actividades de Construccion y Servicios and eucalyptus pulp producer Grupo Empresarial ENCE. The cousins also own a number of sprawling ranches throughout Spain, and Cortina has a vast art collection. He reportedly enjoys boating and hunting.
Alberto Cortina is a member of Investments

Age, Biography and Wiki

Birth Day January 20, 1946
Birth Place Madrid, Spain, Spain
Age 78 YEARS OLD
Birth Sign Aquarius
Occupation Businessperson; Businessman
Spouse(s) Alicia Koplowitz (1969-1990, divorced) Elena Cue
Children Alberto Cortina Koplowitz, Marquis del Real Socorro; Pedro Cortina Koplowitz; Pelayo Cortina Koplowitz, Count of San Fernando; Alejandra Cortina Cue
Parent(s) Pedro Cortina y Mauri, Minister of Foreign Affairs of Spain Maria Luisa de Alcocer (daughter of Marques de Alcocer, Mayor of Madrid Alberto Alcocer y Ribacoba
Relatives Alfonso Cortina (brother)

💰 Net worth: $1.3 Billion (2024)

Alberto Cortina, widely recognized for his notable investments in Spain, is anticipated to have a staggering net worth of $1.3 billion by 2024. As a prominent figure in the world of finance and business, Cortina has demonstrated his exceptional acumen for strategic investments, particularly in his home country. His success can be attributed to his ability to identify lucrative opportunities within the Spanish market and make sound decisions that have yielded substantial returns. With his astute business sense and impressive portfolio, Cortina has secured a prominent spot amongst the wealthiest individuals, solidifying his position as a prominent investor within the Spanish economy.

2009 $1.1 Billion
2010 $1.2 Billion
2011 $1.2 Billion
2012 $1 Billion
2013 $1 Billion
2014 $1.4 Billion
2015 $1.4 Billion
2017 $1.1 Billion
2018 $1.43 Billion

Biography/Timeline

1969

In 1969 he married Alicia Koplowitz. After that, he and his cousin started working for Fomento de Construcciones y Contratas, the company founded by Alicia's Father. By the year 1976 he became CEO of the company.

1973

Driven by the talent of Cortina and Alcocer, and through a never before tried diversification from its core building Business into other sectors, the company grew greatly in value over a period of 18 years. This growth was accomplished in spite of the Spanish crisis that took place between the years of 1973 and 1985. The company that was having a turnover of 1,000 million pesetas when Alberto joined it, became a Diversified group of over 30 companies, with a total turnover of close to 300,000 million pesetas and a valuation of USD 3b.

1978

In 1978, both Albertos acquired 5% of Banco de Fomento, belonging to Banco Central. Three years later, they acquire a significant stake in Portland Valderrivas, a cement company owned by Banesto, on which they placed Alberto Cortina's brother, Alfonso Cortina, as head of the company.

1982

In 1982 they acquired Banco Zaragozano. Later, in 1988, together with KIO Group they created Cartera Central which had a significant stake in Banco Central and two seats on its board of Directors. They tried to take over the bank Banco Central but were blocked in their attempt by the Government due to anti-monopoly rules. Banco Zaragozano was valued in USD 15m at acquisition and they sold it for over USD 2b to Barclay's Bank in 2003.

1997

In 1997, Alberto sold his brewing Business San Miguel that he and his brother had inherited from their Father to the consortium of Danone and Mahou.

1998

In 1998, both "Albertos" took at a controlling stake in ACS Group, today's largest construction and services group by revenues, with sales of EUR €40b worldwide in 2015. Among its subsidiaries are the German construction company Hochtief, Australian conglomerate CIMIC Group, Spanish construction company Dragados, Spanish electrical engineering Cobra and waste management company Urbaser. The executive chairman of ACS, Florentino Perez is also the chairman of real Madrid Football Club.

2000

In 2000 he married Elena Cué, with whom he had a daughter in 2006.

2010

In 2010 Forbes magazine included Alberto Cortina in their billionaires list ranking as the 828th wealthiest man in the world.

2015

In June 2015 Banque de Dakar starts to provide financial services at its headquarters in the capital of Senegal and providing banking services at a Pan African level focusing in the UEMOA region. The bank is controlled by the BDK Financial Group led by Cortina along with various relevant shareholders. In February 2016 Alfredo Sáenz Abad is appointed President of the bank and in March he acquires 5% of BDK's shares.

Some Alberto Cortina images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.