Alberto Alcocer

About Alberto Alcocer

Birth Place: Madrid, Spain, Spain

Alberto Alcocer Net Worth

Alberto Alcocer was born in Madrid, Spain, Spain. Cousins Alberto Alcocer and Alberto Cortina married sisters Alicia and Esther Koplowitz, heiresses to one of the largest construction firms in Spain. The cousins, dubbed Los Albertos by the Spanish press, ran their wives' Construcciones y Contratas firm from the early 1970s until 1989, when both marriages fell apart. Alcocer and Cortina then moved into banking, running Banco Zaragozano. They sold their combined 40% stake to Barclays in 2004. They continue to invest together today. Each owns a 50% of Alcor Holding, which has stakes in Grupo Empresarial ENCE, the largest eucalyptus pulp producer in Europe, and Actividades de Construccion y Servicios, another construction firm. Alcocer owns several ranches in Cadiz and Toledo, Spain, along with houses in Paris and Madrid.
Alberto Alcocer is a member of Investments

💰 Net worth: $1.48 Billion (Updated at 22 June 2018)

2009 $1.1 Billion
2010 $1.2 Billion
2011 $1.2 Billion
2012 $1 Billion
2014 $1 Billion
2015 $1.3 Billion
2016 $1.1 Billion
2017 $1.2 Billion
2018 $1.41 Billion

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Biography/Timeline

1969

Alcocer studied Law in the Universidad Complutense de Madrid. In 1969 he married in separation of goods with Esther Koplowitz. After it, the cousins started being employed at the company Constructions and Contracts, which the Father of his wives had founded.

1976

In 1976, Alberto Alcocer and Alberto Cortina were already managing Directors, transforming the company in a group of more than 30 societies. In 1978 they were acquiring 5% of the Development bank, belonging to the Central Bank and, three years later, the cousins acquire some participations in the cement company Portland Valderrivas, which was property of Banesto.

1982

In 1982, they acquire the Bank Zaragozano and, in 1987, they get in the mass media across with the group Estructura. One year later, close to the Group KIO, to that they sold the majority of control of the society Urbanor in exchange for 12% that the Kuwaiti group had in the Central Bank (causative operation of the spectacular revaluation of Urbanor's actions), they create the society Cartera Central. But in 2003 both had to sell his participation of the control in the Bank Zaragozano to Barclays because one of his associates in Urbanor, the Architect Pedro Sentieri, denounced them for racket, giving place to the case Urbanor.