Luis Carlos Sarmiento (#330)
- $ 10 B
- Banking
- Colombia
- M
- 93 Years
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About Me
Luis Carlos Sarmiento Angulo took a fortune amassed in the construction industry and invested it in banks. His Grupo Aval now controls one third of all banks in Colombia; his son Luis Carlos Sarmiento Gutierrez is chairman. After graduating with a degree in engineering, Sarmiento briefly worked at a construction company, but took a 10,000 pesos payout and started his own firm. He bought Colombia's largest newspaper El Tiempo in 2012 for an estimated $250 million. His construction firm built the Grand Hyatt in Bogota, which opened in August 2018.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Luis Carlos Sarmiento’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Luis Carlos Sarmiento’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $10.1B
(May 4, 2026)
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