Retail

Isidoro Alvarez Net Worth

5 months ago

Isidoro Alvarez was born in 1935 in Spain and was the majority shareholder of the Madrid-based retail giant El Corte Ingles. He took over as chairman of the company in 1989 and under his leadership, the company grew into one of Europe's largest department store chains. He expanded the company into supermarkets, insurance, travel and convenience stores. He was mentored by his uncle, Ramon Areces, who founded the company in 1940 and Alvarez began working there at age 18. He passed away on September 14, 2014 at the age of 79 with the company having annual revenues of nearly $19 billion.
Isidoro Alvarez is a member of Retail

Age, Biography and Wiki

Birth Year	1935
Birth Place	Spain
Age	85 YEARS OLD
Died On	14 September 2014\nMadrid, Spain
Occupation	Businessman

💰 Net worth: $1.45 Billion (2024)

Isidoro Alvarez, famously recognized as Retail in Spain, is anticipated to have a net worth of $1.45 billion by the year 2024. Alvarez has made significant contributions to the retail industry in Spain, earning him a prominent position in the market. With extensive knowledge and expertise, Alvarez has successfully established himself as a prominent figure in the retail sector. His impressive net worth reflects the success and recognition he has attained over the years, cementing his status as one of the wealthiest individuals in Spain.

Biography/Timeline

2014

Álvarez died on 14 September 2014 from respiratory problems.

Some Isidoro Alvarez images

Tags 1935 births 2014 deaths Spanish businesspeople

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.