Julio Ponce Lerou
$3.3B
Born
Nov 13, 1945
Age
80
Source of Wealth
Fertilizer
Residence
Santiago,
Citizenship
Chile
Marital Status
Divorced
Children
1
Education
- 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.
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