Luis Carlos Sarmiento
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Luis Carlos Sarmiento Angulo (born 27 January 1933[1]) is a Colombian billionaire and the second wealthiest man in Colombia, with a net worth of US$6.6 billion, as of December 2024, estimated by Forbes, that derives from the banking conglomerate Grupo Aval, of which he is the majority shareholder and chairman.[2]
Career
Sarmiento founded Grupo Aval as a holding company to gather his banking, telecommunications, and real estate interests. Four major banks, as well as other financial service corporations, form the core of the organization. In 2000, plans to list Grupo Aval on the New York Stock Exchange were postponed due to Wall Street's unfavorable climate for emerging market funds.[3]
See also
References
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