/ Stars that died in 2023: Julio Mario Santo Domingo,Colombian businessman (SABMiller), died he was 88.

Friday, May 3, 2013

Julio Mario Santo Domingo,Colombian businessman (SABMiller), died he was 88.


Julio Mario Santo Domingo Pumarejo [2] was a Colombian businessman and patriarch of the wealthy Santo Domingo family. He was the son of (Julio) Mario Santo Domingo and Beatriz Pumarejo. He controlled more than 100 companies in the diversified portfolio of the "Santo Domingo Group." He was listed by Forbes magazine as one of the wealthiest men in the world, and the second wealthiest in Colombia, with a fortune of $6 billion US dollars.[3] He is an alumnus of the University of Virginia.[4] He was the founder of a philanthropic foundation, named to honor his father, that benefits Colombia's social development.

(October 16, 1923 – October 7, 2011)

Ambassadorship

On 26 May 1980, President Julio César Turbay Ayala appointed Santo Domingo to be the first Ambassador of Colombia to China. He presented his Letters of Credence to Ulanhu, Vice Chairman of the Standing Committee of the National People's Congress, in Beijing on 17 February 1981.[5]

Santo Domingo Group

The Group has a majority stake of Grupo Empresarial Bavaria and Valores Bavaria (a a holding company for his non-beer interests). In 2005, Grupo Empresarial Bavaria merged with South African company SABMiller. In this merging, the Group acquired 15.1% of SAB Miller, becoming the second-largest shareholder of the second-largest beer company in the world (behind Anheuser-Busch InBev).[6][7][8]

Portfolio

Family and personal life

Born on 16 October 1923 in Panama City, Panama, to Julio Mario Santo Domingo Santo Domingo and Beatriz Pumarejo de Vengoechea, the youngest of their four children; his older siblings were Beatríz Alicia, Cecilia, and Luis Felipe. His father was a banker, described as austere and disciplined, who made a fortune buying companies weakened during the Great Depression; his mother, from a rich and influential family, was first cousin of Alfonso López Pumarejo who was twice President of Colombia. He grew up in Barranquilla and later attended the exclusive Gimnasio Moderno in Bogotá, D.C., ultimately culminating his secondary studies at the Phillips Academy in Andover, Massachusetts; he later attended University of Virginia before transferring to Georgetown University, but did not finish his degree.
He first married to Edyala Braga, a Brazilian socialite, and former wife of the whom he met in Paris; together they had one son, Julio Mario (1958–2009), but the marriage did not last long and divorced not long after. He remarried on 15 February 1975 to Colombian socialite Beatrice Dávila Rocha, and together they had two sons: Alejandro (b. 1977) and Andrés (b. 1978).
Mr. Santo Domingo owns homes in New York City, in Paris, Barú, a private island he owns off Cartagena, Colombia,[3][6]
His first marriage was to Edyala Braga, an aristocratic Brazilian, with whom he had a son:


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