Gustavo Cisneros
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Gustavo Cisneros (b. 1946) is a Venezuelan-born media mogul. He is among the world's richest men according to Forbes magazine, which estimates his fortune at $5 billion. The New York Times calls Cisneros, "one of Latin America’s most powerful figures" and says he and his wife, Patricia Phelps de Cisneros, have a reputation for being "a Latin American power couple in business and the global social scene."
Cisneros' wealth comes from his holdings in media, entertainment, telecommunications and consumer products companies. The Cisneros Group of Companies is one of the largest privately-held media and entertainment companies in the world. Cisneros is also the largest shareholder in Univision, the United States' leading Spanish-language television network, and he owns Venevision International, which produces and distributes media and entertainment products throughout the world. He owns Venevisión, Venezuela's leading television network.
Long an advocate of free enterprise, Cisneros has for many years been expanding his operations outside of Venezuela and into overseas markets, including the U.S., Spain and more recently China.
One of his major accomplishments has been a major role in the international development of the telenovela – emotion-packed melodramas based on the harsh realities of life in Latin America that are now broadcast to about 2 billion people around the world. In part to honor his international success, he was named MIPCOM "Personality of the Year" in 2005, a prestigious media industry award.
The Cisneros Foundation (Fundacion Cisneros) runs a wide range of educational and cultural programs aimed at improving the lives of Latin Americans.
Following the recent consolidation of power in Venezuela under President Hugo Chávez, Cisneros has focused on the Cisneros business overseas.
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| Barrick Gold Corporation |
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| Corporate Directors: Howard Beck • C. William Birchall • Gustavo Cisneros • Marshall Cohen • Peter Crossgrove • Peter Godsoe • Angus MacNaughton • Brian Mulroney • Anthony Munk • Peter Munk • Joseph Rotman • Steve Shapiro • Jack Thompson • Gregory Wilkins |
