Horst Paulmann Net Worth

Horst Paulmann was born on March 22, 1935 in Santiago, Chile, Chile. Paulmann founded Cencosud, one of the largest retail conglomerates in Latin America, with a total of 140,000 employees and operations in Argentina, Brazil, Chile, Peru and Colombia. As a teenager, Paulmann moved from his native Germany to Chile after World War II and opened his first supermarket in 1976. In addition to Cencosud's 944 supermarkets, the company manages 53 shopping centers, including Costanera Center in Chile -- South America's largest mall. In January 2016 Chilean regulators accused Cencosud, Walmart Chile and Chilean supermarket chain Unimarc of fixing the price of fresh chicken between 2008 and 2011. Cencosud faces a potential fine of $23 million. Cencosud issued a statement denying the allegations.
Horst Paulmann is a member of Fashion and Retail

Age, Biography and Wiki

Birth Day March 22, 1935
Birth Place Santiago, Chile, Chile
Birth Sign Aries
Residence Santiago de Chile, Chile
Occupation CEO and president, Cencosud
Known for Retail tycoon
Children Manfred, Peter and Heike Paulmann Koepfer
Parent(s) Hilde Kemna and Karl Werner Paulmann
Relatives Jürgen Paulmann

💰 Net worth: $3.47 Billion (2021)

2010 $5 Billion
2011 $10.5 Billion
2012 $9.3 Billion
2013 $9.7 Billion
2014 $4.7 Billion
2015 $4.4 Billion
2016 $3.7 Billion
2017 $4.7 Billion
2018 $4.93 Billion

Some Horst Paulmann images



In 1946, Horst Paulmann and his family, consisting of his parents and seven siblings, emigrated from Germany after the end of World War II. They crossed the Alps towards Italy, continued on to Argentina in 1948, and finally to Chile in 1950.


At the age of 13, Paulmann worked as a telephone operator in Buenos Aires and later worked making wooden toys. His family settled in the city of Temuco in the south of Chile, and his Father got a position as a franchisee at Club Alemán and at Club de La Unión. In 1952, Paulmann's family bought a local restaurant called Las Brisas and they soon transformed it into a supermarket. Since then and after the death of his Father, Horst and his brother Jürgen Paulmann built a series of supermarket chains, beginning with the first hypermarket, located on Av. Kennedy. It measured 4,000 square meters and would become the foundation of the holding company Cencosud.


Cencosud was founded by Horst Paulmann on 10 November 1978 when he assumed the role of CEO and chairman. Cencosud employs more than 150,000 people in Chile, Argentina, Colombia, Brazil and Peru, where it operates its supermarket chains (such as Jumbo, Santa Isabel, Disco, Vea, Gbarbosa, Prezunic, Bretas, Perini, Wong and Metro (es)); department stores (such as París and Johnson's); home improvement stores (such as Easy and Blaisten); commercial centers and credit stores (with over 4.3 million credit cards issued).


In 2004, Cencosud began trading its shares on the Santiago Stock Exchange, and on the NYSE starting in 2011. The Paulmann family is the main shareholder of Cencosud. Manfred, Peter and Heike Paulmann Koepfer have represented Cencosud in its directory and are part of the agreement of the board of Directors, which was formed for the succession of the President in the conduct of the company.


Paulmann is the President of the Argentina–Chile Permanent Binational Business Board and a member of Argentine Business Association. In the past, he was Director of the Chilean–German Chamber of Commerce and the Chilean Chamber of Commerce.