Rank #1060
Julio Ponce Lerou
Net worth $4.0B
Fertilizer · Chile
- Born
- Nov 13, 1945
- Age
- 80
- Source
- Fertilizer
- Residence
- Santiago
- Citizenship
- Chile
- Marital status
- Divorced
- Children
- 1
- Education
Net worth over time
Biography
- Julio Ponce Lerou owns a 17% stake in Sociedad de Quimica y Minera de Chile (SQM), a publicly-traded chemicals and mining company.
- He resigned as chairman of SQM in 2015, citing personal reasons.
- SQM is one of the world's largest miners of lithium, which is used in batteries for electric cars.
- For almost 40 years Ponce headed SQM, which also mines and sells potassium nitrate and iodine -- chemicals used in fertilizers.
- He is a former son-in-law of the late Chilean dictator Augusto Pinochet, and SQM was privatized by Pinochet's government in the 1980s.
Financial assets
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