Julio Mario Santo Domingo

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Julio Mario Santo Domingo Pumarejo
1st Colombia Ambassador to China
In office
27 February 1981 – 18 March 1983
President Julio César Turbay Ayala
Preceded by Office created
Succeeded by Alfonso Gómez Gómez
Personal details
Born 16 October 1923 (1923-10-16) (age 88)
Panama City, Panamá, Panama
Died 7 October 2011(2011-10-07) (aged 87)
New York City, United States
Nationality Colombian
Spouse(s) Edyala Braga (-)<
Beatrice Dávila Rocha (1975–2011)
Relations Tatiana Santo Domingo Rechulski (granddaughter)
Children Julio Mario Santo Domingo Braga
Alejandro Santo Domingo Dávila
Andrés Santo Domingo Dávila
Alma mater University of Virginia (, )
Religion Roman Catholic
Net worth increase US$8.4 billion (2011)[1]
This name uses Spanish naming customs; the first or paternal family name is Santo Domingo and the second or maternal family name is Pumarejo.

Julio Mario Santo Domingo Pumarejo (October 16, 1923 – October 7, 2011)[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.

Contents

[edit] 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]

[edit] Santo Domingo Group

The Group has a majority stake of Grupo Empresarial Bavaria and Valores Bavaria (a private equity). In 2005, Bavaria S.A. 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 beverage company in the world (behind Ambev).[6][7][8]

[edit] Portfolio

[edit] Family and personal life

Born on 16 October 1923 in Panama City, Panama, to Julio Mario Santo Domingo Santo Domingo and Betríz 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 Ediala 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, Baru, 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:

[edit] References

  1. ^ "Julio Mario Santo Domingo". The World's Billionaires. March 2011. http://www.forbes.com/profile/julio-mario-santo-domingo/. Retrieved 2011-10-24. 
  2. ^ D. A. Crowe (2005-09-04). "Una jugada de póquer". El País. http://www.elpais.com/articulo/empresas/jugada/poquer/elpnegemp/20050904elpnegemp_6/Tes. 
  3. ^ a b "Billionaires: Julio Mario Santo Domingo". Forbes. 2008-03-05. http://www.forbes.com/lists/2008/10/billionaires08_Julio-Mario-Santo-Domingo_YNZG.html. 
  4. ^ a b Forbes Billionaires, 2006
  5. ^ BBC Asian Network (1981-02-27). "Summary of world broadcasts: Far East, Part 3". Xinhua News Agency. Caversham Park: BBC Monitoring. OCLC 10807079. http://books.google.com/books?id=n2HVAAAAMAAJ. Retrieved 2011-10-24. 
  6. ^ a b Goodman, Matthew: "Colombia beer battle brewing." The Sunday Times (London). 13 May 2007.
  7. ^ Timmons, Heather (2005-07-19). "SABMiller and Bavaria announce a major transaction in Latin America". International Herald Tribune. http://www.sabmiller.com/sabmiller.com/en_gb/News+and+media/News+releases/Group+news/SABMiller+and+Bavaria+announce+a+major+transaction+in+Latin+America.htm. 
  8. ^ "SABMiller buys brewer to grow in Latin America". SAB Miller. 2005-07-19. http://www.iht.com/articles/2005/07/18/business/beer.php. 
  9. ^ "Colombian Businessman Julio Mario Santo Domingo Braga Dies". Latin American Herald Tribune. 2009-03-29. http://www.laht.com/article.asp?ArticleId=330732&CategoryId=12393. 

[edit] Further reading

[edit] External links

Wikinews has related news: SABMiller acquires Colombian Grupo Bavaria brewery
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