Horst Paulmann
Fashion and Retail

Horst Paulmann Net Worth

Horst Paulmann, born in 1935 in Santiago, Chile, is the founder of Cencosud, one of the largest retail conglomerates in Latin America. With 140,000 employees and operations in five countries, Cencosud manages 944 supermarkets and 53 shopping centers, including the largest mall in South America. In 2016, Cencosud was accused of price fixing fresh chicken between 2008 and 2011, and faces a potential fine of $23 million. Cencosud has denied the allegations.
Horst Paulmann is a member of Fashion and Retail

Age, Biography and Wiki

Birth Day March 22, 1935
Birth Place Santiago, Chile, Chile
Age 88 YEARS OLD
Birth Sign Aries
Residence Santiago de Chile, Chile
Occupation CEO and president, Cencosud
Known for Retail tycoon
Children Manfred, Peter and Heike Paulmann Koepfer
Parent(s) Hilde Kemna and Karl Werner Paulmann
Relatives Jürgen Paulmann

💰 Net worth: $3.7 Billion (2024)

Horst Paulmann, a prominent figure in the fashion and retail industry in Chile, is projected to have a net worth of $3.7 billion by 2024. With his visionary leadership and entrepreneurial acumen, Paulmann has successfully established himself as a key player in the Chilean business landscape. As the founder and owner of Cencosud, one of the largest retail conglomerates in Latin America, Paulmann's immense wealth is a testament to his strategic business decisions and relentless pursuit of excellence. His contributions to both the fashion and retail sectors have not only enabled economic growth but have also created countless job opportunities in Chile and beyond.

2010 $5 Billion
2011 $10.5 Billion
2012 $9.3 Billion
2013 $9.7 Billion
2014 $4.7 Billion
2015 $4.4 Billion
2016 $3.7 Billion
2017 $4.7 Billion
2018 $4.93 Billion

Biography/Timeline

1946

In 1946, Horst Paulmann and his family, consisting of his parents and seven siblings, emigrated from Germany after the end of World War II. They crossed the Alps towards Italy, continued on to Argentina in 1948, and finally to Chile in 1950.

1952

At the age of 13, Paulmann worked as a telephone operator in Buenos Aires and later worked making wooden toys. His family settled in the city of Temuco in the south of Chile, and his Father got a position as a franchisee at Club Alemán and at Club de La Unión. In 1952, Paulmann's family bought a local restaurant called Las Brisas and they soon transformed it into a supermarket. Since then and after the death of his Father, Horst and his brother Jürgen Paulmann built a series of supermarket chains, beginning with the first hypermarket, located on Av. Kennedy. It measured 4,000 square meters and would become the foundation of the holding company Cencosud.

1978

Cencosud was founded by Horst Paulmann on 10 November 1978 when he assumed the role of CEO and chairman. Cencosud employs more than 150,000 people in Chile, Argentina, Colombia, Brazil and Peru, where it operates its supermarket chains (such as Jumbo, Santa Isabel, Disco, Vea, Gbarbosa, Prezunic, Bretas, Perini, Wong and Metro (es)); department stores (such as París and Johnson's); home improvement stores (such as Easy and Blaisten); commercial centers and credit stores (with over 4.3 million credit cards issued).

2004

In 2004, Cencosud began trading its shares on the Santiago Stock Exchange, and on the NYSE starting in 2011. The Paulmann family is the main shareholder of Cencosud. Manfred, Peter and Heike Paulmann Koepfer have represented Cencosud in its directory and are part of the agreement of the board of Directors, which was formed for the succession of the President in the conduct of the company.

2013

Paulmann is the President of the Argentina–Chile Permanent Binational Business Board and a member of Argentine Business Association. In the past, he was Director of the Chilean–German Chamber of Commerce and the Chilean Chamber of Commerce.

Some Horst Paulmann 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.