Lorenzo Mendoza & family
Food and Beverage

Lorenzo Mendoza & family Net Worth

3 months ago

Lorenzo Mendoza, born in Venezuela on October 05, 1965, is the head of Empresas Polar, the country's largest food company founded by his grandfather. The company produces and sells beer, flour, condiments, tuna fish and wine. Mendoza has been a long-time critic of the late Venezuelan President Hugo Chavez and continues to face opposition from current President Nicolas Maduro, who has accused him of reducing production and hoarding products to create shortages. Mendoza has denied these accusations, and in December 2015, government officials entered Polar's Pepsi plant in Caucagua, detained employees and ordered them to restart production of goods, but the company said they could not due to raw material shortages caused by Venezuela's currency control system. The employees were subsequently released.
Lorenzo Mendoza & family is a member of Food and Beverage

Age, Biography and Wiki

Birth Day October 05, 1965
Birth Place Venezuela
Age 57 YEARS OLD
Birth Sign Scorpio
Residence Caracas, Venezuela
Citizenship Venezuelan
Alma mater Fordham University (BA) MIT Sloan School of Management (MBA)
Occupation CEO, Empresas Polar
Spouse(s) Maria Alexandra Pulido
Children 4
Parent(s) Lorenzo Alejandro Mendoza Quintero Leonor Giménez Pocaterra

💰 Net worth: $1.5 Billion (2024)

Lorenzo Mendoza & family, renowned for their significant contribution to the food and beverage industry in Venezuela, have garnered immense success and amassed a net worth of $1.5 billion as estimated in 2024. As the CEO of Empresas Polar, one of Venezuela's largest privately-held companies, Lorenzo Mendoza has led the family business to remarkable heights. Under his leadership, the company has consistently excelled and become a pillar of the national economy, producing a wide range of food and beverage products for both domestic and international markets. Despite the challenges faced in the country's volatile economic and political climate, the Mendoza family's commitment and entrepreneurial spirit continue to propel their empire forward.

2010 $3.5 Billion
2011 $3.4 Billion
2012 $3.4 Billion
2013 $4 Billion
2014 $3.5 Billion
2015 $2.7 Billion
2016 $1.5 Billion
2018 $1.5 Billion

Biography/Timeline

1941

Lorenzo Mendoza is the third generation of the family that controls Empresas Polar, Venezuela's largest privately held company, founded by his grandfather as a beer company in 1941.

1993

Mendoza attended the Hun School of Princeton in New Jersey, and went on to receive a bachelor's degree in industrial engineering from Fordham University, and an MBA in 1993 from the MIT Sloan School of Management.

2009

In 2009 Polar was a casualty of Venezuelan President Hugo Chavez's land reform schemes when the government took over one of the company's properties claiming the land was being underused.

2015

As of November 2015, Forbes estimated his net worth at US$2.7 billion.

Some Lorenzo Mendoza & family images

Tags 1965 births Living people Venezuelan businesspeople Massachusetts Institute of Technology alumni MIT Sloan School of Management alumni Venezuelan billionaires People from Caracas Fordham University alumni Industrial engineers Venezuelan people stubs

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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.