Horst Paulmann Explained

Horst Paulmann
Birth Date:22 March 1935
Birth Place:Kassel, Germany
Nationality:German
Chilean
Occupation:CEO and chairman, Cencosud
Known For:Retail tycoon
Children:4
Relatives:Jürgen Paulmann

Horst Paulmann Kemna (born 22 March 1935) is a German-Chilean billionaire entrepreneur. He is founder and chairman of Cencosud, the largest retail chain in Chile and the third largest in Latin America.[1] According to Forbes, as of July 2022 his net worth is estimated at US$2.3 billion.[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]

Career

Cencosud was founded by Horst Paulmann on 10 November 1978 when he assumed the role of CEO and chairman.[5] [6] 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); 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).[7] [8] [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.[9] [10]

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.

Other activities

Paulmann is the president of the Argentina–Chile Permanent Binational Business Board and a member of Argentine Business Association.[11] In the past, he was director of the Chilean–German Chamber of Commerce and the Chilean Chamber of Commerce.[6]

Awards

Personal life

He had three children with Helga Koepfer: Manfred, Peter and Heike.[20] A fourth child was born in 2018: Hans Dieter Paulmann Bischof. The mother being Katherine Bischof Sepúlveda.

See also

External links

Notes and References

  1. Web site: Santiago is not afraid of heights. 23 August 2015. Los Andes. 29 December 2015.
  2. Web site: Forbes profile: Horst Paulmann . Forbes. 8 July 2022.
  3. Web site: The king trade. 25 October 2012. Dinero. 29 December 2015. 1 July 2016. https://web.archive.org/web/20160701203834/http://www.dinero.com/edicion-impresa/negocios/articulo/el-rey-del-comercio/162515. dead.
  4. Web site: Horst Paulmann created Jumbo selling strawberries and walnuts. Sabine Drysdale. 17 November 2013. El Tiempo. 29 December 2015.
  5. Web site:
    1. 1,040 Cencosud
    . Forbes. 29 December 2015.
  6. Web site: Gobierno Corporativo. Cencosud. 29 December 2015. dead. https://web.archive.org/web/20151222093841/http://www.cencosud.com/inversionistas/corporate-governance/. 22 December 2015. dmy-all.
  7. Web site: Paulmann versus Paulmann. 16 August 2010. America Economia. 29 December 2015.
  8. Web site: Horst Paulmann: "In Germany we reviewed jars trash Americans to eat...". 2 October 2011. Miranda Camila Krauss. Economia Y Negocios. 29 December 2015.
  9. Web site: Costanera Center has closed 244 contracts with tenants. 14 December 2011. Economia y Negocios. 29 December 2015.
  10. Web site: Cencosud reach agreement and Marriott hotel to operate in Costanera Center. Tamara Flowers. La Tercera. 29 December 2015.
  11. Web site: They form the Argentine-Chilean Permanent Business Council. 17 October 2005. Infobae. 29 December 2015.
  12. Web site: Horst Paulmann elected Entrepreneur of the Year by the readers of Diario Financiero . Diario Financiero . 29 December 2015 . dead . https://web.archive.org/web/20130306031844/http://www.df.cl/horst-paulmann-elegido-empresario-del-ano-por-los-lectores-de-diario-financiero/prontus_df/2012-12-13/112956.html . 6 March 2013 .
  13. Web site: World Entrepreneur of the Year. June 2012. Ernst & Young. 29 December 2015. https://web.archive.org/web/20160304090919/http://www.ey.com/Publication/vwLUAssets/WEOY_2012/$FILE/2012_WEOY_Media_kit.pdf. 4 March 2016. dead.
  14. Web site: Horst Paulmann Kemna. Fundacion Konex. 29 December 2015.
  15. Web site: Horst Paulmann receives recognition of the U. Mayor. 8 January 2006. Retail Latin America. 29 December 2015.
  16. Web site: The Araucana distinguish the Army and Felipe Cubillos during the congress Percade. 18 August 2010. El Mostrador. 29 December 2015.
  17. Web site: Commission approves nationality by grace Horst Paumann. 12 April 2006. Emol. 29 December 2015.
  18. Web site: Carozzi and Day, J. Paulmann Light: Icare Prize. 3 August 2005. Economia Y Negocios. 29 December 2015.
  19. Web site: CNC President Lagos will honor award "Diego Portales". 19 May 2004. Emol. 29 December 2015.
  20. Web site: Horst Paulmann design your estate plan. La Tercera. 29 December 2015. 2 September 2014. https://web.archive.org/web/20140902175520/http://diario.latercera.com/2013/02/10/01/contenido/negocios/27-129540-9-horst-paulmann-disena-su-plan-de-sucesion.shtml. dead.

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