#661
Jeronimo Arango & family
Overview
- Source of Wealth
- retail
- Industry
- Fashion & Retail
- Residence
Assets
- Walmart de México400,950,000 shares @ --WALMEX-MX
Biography
Jerónimo Arango, along with his brothers, Manuel and Placido, sold their retail chain Cifra to Walmart in 1997 for a reported $1.2 billion in cash.
Jeronimo and his brothers founded the predecessor to Cifra in 1958.