#2110

Alvaro Saieh Bendeck

Chile 76 years old Self-Made

Overview

Source of Wealth
banking
Residence
Santiago
Marital Status
Married
Children
5

Assets

  • Itau CorpBanca
    157,959,709,316 shares @ -
    -
    ITAUCORP-CL
  • SMU
    3,030,603,000 shares @ -
    -
    SMU-CL

Biography

Alvaro Saeih Bendeck is the largest shareholder of Itau CorpBanca, a Chilean financial firm, and VivoCorp, a real estate group with malls and offices.

He built CorpBanca after buying Chile's Banco Concepcion in 1995.

Saieh Bendeck sold his stake in insurance companies CorpSeguros and CorpVida in 2016.

He also owns over half of SMU, a Chilean supermarket chain that went public in January 2017.

Born in Colombia, Saieh Bendeck is a Chilean citizen of Palestinian descent.

About

Saieh Bendeck owns what was formerly called the Grand Hyatt Santiago, which reopened in 2018 as a Mandarin Oriental hotel.