Horst Paulmann, Billionaire Who Built Retail Empire, Dies at 89

Chilean-German businessman Horst Paulmann, founder of the giant retail chain Cencosud, with a presence in Chile, Argentina, Brazil, Peru, Colombia and the United States, died Tuesday in Germany at 89 years old, the family and their company reported. “His farewell was calm, peaceful, while he was sleeping,” the family said in a statement. Cencosud holding was founded in 1978 and is one of the largest retail groups in Latin America. Forbes magazin…

He was one of Cencosud’s most iconic managers and led the moment of further expansion of holding founded by Horst Paulmann Kemna, who died in Germany this Tuesday at the age of 89. Laurence Golborne landed in Cencosud as general manager in 2001 and was until 31 January 2009. In that period, the company multiplied its sales by ten. “I’m in Colombia and I just heard about this sad news,” Golborne answers on the phone. Civil engineer industrial UC,…

Cencosud | Latin America | Horst Paulmann Kemna | Peru | Retail | Shopping Center

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The creator of Cencosud, of German origin, passed away this Tuesday at the age of 89. The story of his success

Horst Paulmann, Billionaire Who Built Retail Empire, Dies at 89

Horst Paulmann, the German-born billionaire who founded South America’s largest retailer by sales, Chile’s Cencosud SA, has died. He was 89.