Gustavo Cisneros
| Gustavo Cisneros | |
|---|---|
Gustavo Cisneros
|
|
| Born |
Gustavo Alfredo Cisneros Rendíles 20 November 1945 Caracas, Venezuela |
| Citizenship |
 Venezuela Spain Dominican Republic
|
| Alma mater | Babson College |
| Occupation | Media mogul |
| Net worth |
 US$ 1.38 billion (2017) |
| Spouse(s) | Patricia Phelps de Cisneros |
| Children | 3 |
Gustavo Alfredo Cisneros Rendíles (born November 20, 1945) is a Venezuelan businessman and Chairman of Grupo Cisneros.
Cisneros is the son of and Albertina Cisneros (née Rendíles Martínez).
Cisneros's father, Diego Cisneros, was in business in Caracas from 1929 and received the Pepsi concession for Venezuela in 1940, before going on to gain the concession for private TV channel Venevisión in 1961. The Cisneros family was the first-wealthiest in South America on the 2006 Forbes ranking.
Cisneros graduated from Suffield Academy in Connecticut in 1963. He graduated from Babson College in Massachusetts in 1968.
Cisneros’ wealth comes from his holdings in media, entertainment, telecommunications and consumer products companies. The Cisneros Group of Companies is one of the largest privately held Spanish-language media and entertainment companies. Until the buyout of Univision, the United States’ leading Spanish-language television network, Cisneros was one of the biggest shareholders of the Company. He also owns Venevision International, which produces and distributes media and entertainment products throughout the world, and Venevisión, a Venezuelan television network. Since 1980 the Group has owned the Miss Venezuela contest and since 2001 also the Leones del Caracas baseball team.
Long an advocate of free enterprise Cisneros has for many years been expanding his operations outside of Venezuela and into overseas markets, including the U.S., Spain and more recently China.
One of his major accomplishments has been a major role in the international development of telenovelas – emotion-packed melodramas based on the harsh realities of life in Latin America that are now broadcast to about 2 billion people around the world. In part to honor his international success, he was named MIPCOM "Personality of the Year" in 2005, a prestigious media industry award.
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