Horst Paulmann is a German-Chilean entrepreneur known for founding the Cencosud retail empire, one of the largest retail companies in Latin America.
Born on March 22, 1935, in Kassel, Germany, Horst Paulmann emigrated to Chile with his family in the 1950s, where they started a small business that laid the foundation for his future ventures.
Horst Paulmann is married and has five children. Despite his vast wealth, he is known for leading a relatively low-profile lifestyle.
Paulmann founded Cencosud in 1976, growing it into a retail giant with operations in various Latin American countries, including Chile, Argentina, Brazil, and Peru.
Paulmann's notable achievements include expanding Cencosud into a multi-billion dollar company and being named one of the richest people in the world by Forbes.
Paulmann faced criticism during the 2008 global financial crisis for alleged poor labor practices, though he has largely maintained a positive public image.
One of Paulmann's major creations is the Costanera Center in Santiago, Chile, which includes the tallest building in Latin America.
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