Isidoro Alvarez Net Worth

How much is Isidoro Alvarez Worth?

in Richest BusinessmenRichest Billionaires
Isidoro Alvarez net worth:
$1.4 Billion

Isidoro Alvarez Net Worth: Isidoro Alvarez is a Spanish entrepreneur who has a net worth of $1.4 billion. Known for being the current president of El Corte Ingles, Mr. Alvarez has joined the billionaire ranks thanks to his stake in the group. El Corte Ingles currently ranks as one of Spain's largest department store retailers with revenues shy of $19 billion. It was founded in 1940 by Alvarez's uncle who welcomed him at the company when he was 18. Upon Areces' death in 1989, Alvarez acquired the position of chairman. Since he has no kids, Alvarez is said to have unofficially dubbed his nephew as the heir to the retail empire. While El Corte Ingles main focus remains pointed towards department stores, it also dabbles in supermarkets through its Hypercor stores and into the travel industry through its Viajes El Corte Ingles travel agency.

Isidoro Alvarez Net Worth

Isidoro Alvarez

Businessperson
Date of Birth
1935
Nationality
Spain
Nicknames
Isidoro Álvarez Álvarez, Isidoro Álvarez, Isidoro Álvarez
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
Did we make a mistake?
Submit a correction suggestion and help us fix it!
Submit a Correction
Discussion