Horst Paulmann is a German-Chilean businessman.[1] He is the CEO and Chairman of the Board of Cencosud.[1][2]
Horst Paulmann was born in 1936 in Germany.[3] He immigrated to Chile as a teenager after the Second World War.[3][4] In 1976, he opened the first Hipermercados Jumbo and he has forty-three as of 2011, in Chile, but also in Argentina, Brazil, Peru and Colombia.[3] He has served on the Board of Directors of Banco Paris and the Costanera Center.[2] He is a member of the Latin American Advisory Board of Deutsche Bank.[5]
He lives in Santiago.[6] According to the March 2011 issue of Forbes, he is worth US$10.5 billion.[6] He owns 64% of Cencosud.[3] He is the second richest person in Chile, and the 75th richest person in the world.[3][7] In 2008, he received an honorary diploma from the Konex Foundation.[8]
He is married with three children.[3] All three sit on the Board of Directors of Cencosud.[3]