Luis Carlos Sarmiento Net Worth is
Luis Carlos Sarmiento Bio/Wiki 2018
Currently seated as the President of Grupo Aval Acciones y Valores, SA, a enormous banking conglomerate in Colombia, Luis Carlos Sarmiento is a Colombian businessman with an estimated net worth of $12.5 billion as of March 2013, according to Forbes. Aside from being the President, Luis Carlos Sarmiento is also the largest shareholder in the company.
Luis Carlos Sarmiento Net Worth $12.5 Billion
After pursuing a lifetime career on building commercial and residential establishments, Sarmiento chose to focus more of his focus on banking and fiscal service institutions. In 2000, he was named as the most notable banking mogul in Colombia when he possessed 22% of the total banking assets. In July 2012, Luis Carlos Sarmiento has closed a deal with Hyatt Hotels. The partnership intends to assemble a Grand Hyatt in Bogota, Colombia. He owns shares in four banks in Colombia. Not only that, Sarmiento has acquired the media company Casa Editorial El Tiempo, which controls Portafolio papers and Colombian El Tiempo.