Elisio Alexandre Soares dos Santos Net Worth

He is also the Chairman of the Board of Directors of Banco BPI, a Portuguese bank. Elisio Alexandre Soares dos Santos is a Portuguese entrepreneur and philanthropist with an estimated net worth of $3 billion. He is the Chairman of Jeronimo Martins, the largest food distribution group in Portugal and Poland, and Chairman of the Board of Directors of Banco BPI, a Portuguese bank. Jeronimo Martins had 2011 revenue of $13 billion and over 2,500 stores.
Elisio Alexandre Soares dos Santos is a member of Richest Billionaires

Age, Biography and Wiki

Birth Day September 23, 1935
Birth Place Portugal
Age 84 YEARS OLD
Died On 2019
Birth Sign Virgo
Net Worth: $3 Billion

💰 Net worth: $3 Billion (2024)

Elisio Alexandre Soares dos Santos, fondly known as one of the richest billionaires in Portugal, is anticipated to have a net worth of $3 billion by the year 2024. As a prominent figure in the business world, Elisio Alexandre Soares dos Santos has amassed an incredible wealth through his successful endeavors. With a remarkable ability to recognize and seize profitable opportunities, he has built a strong portfolio that spans various sectors. From his astute investments in retail and distribution to his influential roles in leading companies, Elisio Alexandre Soares dos Santos has proven to be an exceptional entrepreneur and a force to be reckoned with in the global market.

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Together with his family, Soares dos Santos owns around 22% of the listed retailer. Just a small rise of the share price in 2012 lifted his net worth by $300 million. Even though there is economic stagnation in Portugal, Jeronimo Martins is constantly growing thanks to its Polish stores, which contribute some 60% of the revenue. The firm that started with a tiny store opened in Lisbon in 1792, now operates the Pingo Doce and Recheiro chains in Portugal and the Biedronka chain in Poland. It also has plans to expand to Colombia, where it aims to initially open as many as 40 stores by the end of 2013. Married with seven children, two of Soares dos Santos' sons are involved in the company's operations, his son Pedro serving as the CEO of Jeronimo Martins and Jose, as a board member.