Julio Mario Santo Domingo
Food and Beverage

Julio Mario Santo Domingo Net Worth

Julio Mario Santo Domingo was born into a wealthy family with interests in breweries in Colombia on October 16, 1923. In 2005, he swapped control of his Bavaria brewery for 15% of SABMiller, now worth $8 billion. He also has stakes in Colombia's biggest TV broadcaster Caracol, packaging maker Biofilm and forestry outfit Refocosta. He took over management of his family's holdings in 1972 after his father retired and is now no longer involved in daily operations. He owns homes in New York City and Paris, as well as a private island, Baru, off the Caribbean coast of Colombia. He is a close friend of Colombian author and Nobel laureate Gabriel Garcia Marquez and his son, Andres, is married to Vogue magazine editor Lauren Davis. His oldest son, Julio Mario, died in 2009 in New York from cancer.
Julio Mario Santo Domingo is a member of Food and Beverage

Age, Biography and Wiki

Birth Day October 16, 1923
Birth Place Colombia
Age 97 YEARS OLD
Died On 7 October 2011(2011-10-07) (aged 87)\nNew York City, United States
Birth Sign Scorpio
President Julio César Turbay Ayala
Preceded by Office created
Succeeded by Alfonso Gómez Gómez
Spouse(s) Edyala Braga Brandão do Monte (-) Beatrice Dávila Rocha (1975–2011)
Children Julio Mario Santo Domingo Braga Alejandro Santo Domingo Dávila Andrés Santo Domingo Dávila
Relatives Tatiana Santo Domingo Rechulski (granddaughter)
Alma mater University of Virginia (, )
Net worth US$8.4 billion (2011)

💰 Net worth: $8.4 Billion (2024)

Julio Mario Santo Domingo, a prominent figure in the food and beverage industry in Colombia, is set to reach phenomenal financial heights by 2024, with his net worth estimated to be a staggering $8.4 billion. Julio Mario Santo Domingo's noteworthy success can be attributed to his extensive involvement and influential leadership within this sector in Colombia. As an astute businessman, he has strategically positioned himself in the market, capitalizing on the nation's growing demand for quality food and beverage products. Through his visionary approach and determination, Julio Mario Santo Domingo has become a revered figure in the Colombian business landscape, consolidating his wealth and reputation as a titan in the industry.

2010 $6 Billion
2011 $8.4 Billion
2018 $8.4 Billion

Biography/Timeline

1923

Julio Mario Santo Domingo was born on 16 October 1923 in Panama City, Panama, to Julio Mario Santo Domingo Santo Domingo and Beatriz Pumarejo de Vengoechea, the youngest of their four children; his older siblings were Beatriz Alicia, Cecilia, and Luis Felipe. His Father was a banker, described as austere and disciplined, who made a fortune buying companies weakened during the Great Depression; his mother, from a rich and influential family, was first cousin of Alfonso López Pumarejo who was twice President of Colombia. He grew up in Barranquilla and later attended the exclusive Gimnasio Moderno in Bogotá, D.C., ultimately culminating his secondary studies at the Phillips Academy in Andover, Massachusetts; he later attended University of Virginia before transferring to Georgetown University, but did not finish his degree.

1958

He first married to Edyala Braga Brandão do Monte, a Brazilian socialite, daughter of Brazilian ambassador in Paris and former wife of Brazilian President Getúlio Vargas' brother. Together they had one son, Julio Mario Santo Domingo Braga (1958–2009), but the marriage did not last long and they divorced shortly after.

1975

He remarried on 15 February 1975 to Colombian socialite Beatrice Dávila Rocha, and together they had two sons, Alejandro Santo Domingo Dávila (b. 1977) who has continued on in the family Business and Andrés Santo Domingo Dávila (b. 1978) the co-founder and President of Kemado Records, whose 2008 wedding to the socialite Lauren Davis (then founder of the online fashion retailer Moda Operandi).

1980

On 26 May 1980, President Julio César Turbay Ayala appointed Santo Domingo to be the first Ambassador of Colombia to China. He presented his Letters of Credence to Ulanhu, Vice Chairman of the Standing Committee of the National People's Congress, in Beijing on 17 February 1981.

2005

The Group has a majority stake in Bavaria Brewery and Valores Bavaria (a holding company for his non-beer interests). In 2005, Bavaria Brewery merged with South African company SABMiller. In this merging, the group acquired 15.1% of SAB Miller, becoming the second-largest shareholder of the second-largest beer company in the world (behind Anheuser-Busch InBev).

Some Julio Mario Santo Domingo 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.