Portrait of Julio Ponce Lerou

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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