Horst Paulmann

Horst Paulmann
Born Horst Paulmann Kemna
(1935-03-22) 22 March 1935
Kassel, Germany
Residence Santiago de Chile, Chile
Nationality German
Chilean
Occupation CEO and president, Cencosud
Known for Retail tycoon
Net worth $3.5 billion (December 2015)
Religion Lutheranism
Children Manfred, Peter and Heike Paulmann Koepfer
Parent(s) Hilde Kemna and Karl Werner Paulmann
Relatives Jürgen Paulmann

Horst Paulmann Kemna (born 22 March 1935) is a German-Chilean entrepreneur. He is founder, CEO and chairman of the Chilean holding company Cencosud, the largest retail chain in Chile and the third largest in Latin America.[1] According to Forbes, his fortune is estimated at 3.1 billion dollars, which makes him the second richest man in Chile and number 369 in the world.[2]

Early life

In 1946, Horst Paulmann and his family, consisting of his parents and seven siblings, emigrated from Germany after the end of World War II. They crossed the Alps towards Italy, continued on to Argentina in 1948, and finally to Chile in 1950.[3]

At the age of 13, Paulmann worked as a telephone operator in Buenos Aires and later worked making wooden toys. His family settled in the city of Temuco in the south of Chile, and his father got a position as a franchisee at Club Alemán and at Club de La Unión.[3] In 1952, Paulmann’s family bought a local restaurant called Las Brisas and they soon transformed it into a supermarket. Since then and after the death of his father, Horst and his brother Jürgen Paulmann built a series of supermarket chains, beginning with the first hypermarket, located on Av. Kennedy. It measured 4,000 square meters and would become the foundation of the holding company Cencosud.[4]

He had three children with Helga Koepfer: Manfred, Peter and Heike.[5]

Career

Cencosud was founded by Horst Paulmann on November 10, 1978 when he assumed the role of CEO and chairman.[6][7] Cencosud employs more than 150,000 people in Chile, Argentina, Colombia, Brazil and Peru, where it operates its supermarket chains (such as Jumbo, Santa Isabel, Disco, Vea, Gbarbosa, Prezunic, Bretas, Perini, Wong and Metro); department stores (such as París and Johnson's); home improvement stores (such as Easy and Blaisten); commercial centers and credit stores (with over 4.3 million credit cards issued).[8][9][3][2]

One of his projects is the complex Costanera Center, which includes the tallest tower in South America, measuring 300 meters, a six story mall, a hotel, and office towers.[10][11]

In 2004, Cencosud began trading its shares on the Santiago Stock Exchange, and on the NYSE starting in 2011.[3] The Paulmann family is the main shareholder of Cencosud. Manfred, Peter and Heike Paulmann Koepfer have represented Cencosud in its directory and are part of the agreement of the board of directors, which was formed for the succession of the president in the conduct of the company.[5]

Other activities

Paulmann is the president of the Argentina–Chile Permanent Binational Business Board and a member of Argentine Business Association.[12] In the past, he was director of the Chilean–German Chamber of Commerce and the Chilean Chamber of Commerce.[7]

Awards

References

  1. ↑ "Santiago is not afraid of heights". Los Andes. August 23, 2015. Retrieved December 29, 2015.
  2. 1 2 "#360 Horst Paulmann & Family". Forbes. Retrieved December 29, 2015.
  3. 1 2 3 4 "The king trade". Dinero. October 25, 2012. Retrieved December 29, 2015.
  4. ↑ Sabine Drysdale (November 17, 2013). "Horst Paulmann created Jumbo selling strawberries and walnuts". El Tiempo. Retrieved December 29, 2015.
  5. 1 2 "Horst Paulmann design your estate plan". La Tercera. Retrieved December 29, 2015.
  6. ↑ "#1,040 Cencosud". Forbes. Retrieved December 29, 2015.
  7. 1 2 "Gobierno Corporativo". Cencosud. Retrieved December 29, 2015.
  8. ↑ "Paulmann versus Paulmann". America Economia. August 16, 2010. Retrieved December 29, 2015.
  9. ↑ Miranda Camila Krauss (October 2, 2011). "Horst Paulmann: "In Germany we reviewed jars trash Americans to eat..."". Economia Y Negocios. Retrieved December 29, 2015.
  10. ↑ "Costanera Center has closed 244 contracts with tenants". Economia y Negocios. December 14, 2011. Retrieved December 29, 2015.
  11. ↑ Tamara Flowers. "Cencosud reach agreement and Marriott hotel to operate in Costanera Center". La Tercera. Retrieved December 29, 2015.
  12. ↑ "They form the Argentine-Chilean Permanent Business Council". Infobae. October 17, 2005. Retrieved December 29, 2015.
  13. ↑ "Horst Paulmann elected Entrepreneur of the Year by the readers of Diario Financiero". Diario Financiero. Archived from the original on March 6, 2013. Retrieved December 29, 2015.
  14. ↑ "World Entrepreneur of the Year" (PDF). Ernst & Young. June 2012. Retrieved December 29, 2015.
  15. 1 2 3 "Horst Paulmann Kemna". Fundacion Konex. Retrieved December 29, 2015.
  16. ↑ "Horst Paulmann receives recognition of the U. Mayor". Retail Latin America. January 8, 2006. Retrieved December 29, 2015.
  17. ↑ "The Araucana distinguish the Army and Felipe Cubillos during the congress Percade". El Mostrador. August 18, 2010. Retrieved December 29, 2015.
  18. ↑ "Commission approves nationality by grace Horst Paumann". Emol. April 12, 2006. Retrieved December 29, 2015.
  19. ↑ "Carozzi and Day, J. Paulmann Light: Icare Prize". Economia Y Negocios. August 3, 2005. Retrieved December 29, 2015.
  20. ↑ "CNC President Lagos will honor award "Diego Portales"". Emol. May 19, 2004. Retrieved December 29, 2015.
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