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With an estimated net worth of $1.1 billion, this prominent billionaire from Venezuela is considered as one of the richest people in the globe today. In 2010, he was referred to as "one of Latin America’s most powerful figures" by the New York Times. He runs a diversified empire which includes a regional brewery, a telecom, a baseball team, and a Venezuelan TV station.
Cisneros owns the Venevision International, which mainly focuses on producing and distributing media and entertainment products across the globe. Through the years, Cisneros has been expanding his business empire outside of Venezuela. His overseas markets include China, Spain, and the United States.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2019 |
Sale of Asset |
Sale of Gustavo Cisnero's 3-acre property within the gated community of Gables Estates in Coral Gables, Florida |
$23,000,000 |
|
2019 |
Salary |
Annual salary as the Independent Director of Barrick Gold |
$162,630 |
|
2013 |
Earning Turned Donation |
Gustavo Cisnero's donation to the Bill, Hillary and Chelsea Clinton Foundation |
$1,000,000 |
|
2012 |
Sale of Asset |
Sale of Gustavo Cisneros' Spanish-language broadcaster Univision to Israeli tycoon Haim Saban |
$13,700,000,000 |
|
2012 |
Asset |
Purchase value of Gustavo Cisneros' two homes in Aspen under Shadow Mountain |
$12,400,000 |
|
2007 |
Sale of Asset |
Sale of Gustavo Cisnero's Spanish-language TV network Univision to a group of private equity firms |
$12,300,000,000 |
|
1998 |
Asset |
Investment of Gutsavo Cisner for the formation of America Online Latin America as internet usage in the region was growing faster than anywhere else in the world, making it a tempting target for AOL |
$64,000,000 |
|
1997 |
Asset |
Investment of Gutsavo Cisner with the American firm of Hicks, Muse, Tate & Furst, leverage buyout specialists who had invested billions in the U.S. media market for the formation of Ibero-American Media Partners, to acquire a variety of media properties in Latin America, as well as in Spain, Portugal, and the United States |
$500,000,000 |
|
1994 |
Sale of Asset |
Sale of Gustavo Cisnero's Hit de Venezuela subsidiary to Mexico-based Panamerican Beverages Inc., the largest Coke bottler in Latin America |
$100,000,000 |