Lorenzo Mendoza

Quick Facts

Full Name	Lorenzo Mendoza
Date Of Birth	Oct 5, 1965(1965-10-05)
Age	59
Birthplace	Caracas
Country	Venezuela
Birth City	Capital District
Horoscope	Libra

Lorenzo Mendoza Biography

Lorenzo Mendoza is one of the most popular and richest Businessman who was born on October 5, 1965 in Caracas, Capital District, Venezuela.

Lorenzo Alejandro Mendoza Giménez (born 5 October 1965) is a Venezuelan billionaire businessman, the CEO of Empresas Polar, owned by his family, and Venezuela’s largest privately held company, with $7 billion in annual sales.

Mendoza attended the Hun School of Princeton in New Jersey, and went on to receive a bachelor’s degree in industrial engineering from Fordham University, and an MBA in 1993 from the MIT Sloan School of Management.

Mendoza is the third and last generation of the family that controls Empresas Polar, Venezuela’s largest privately held company, founded by his grandfather as a beer company in 1941.

Lorenzo Mendoza Net Worth

Net Worth: As of March 2016, the net worth of Lorenzo Mendoza, the Venezuelan billionaire businessman, and CEO of Empresas Polar, was reported to be US$1.4 billion. This fortune is derived from his significant stake in Empresas Polar, Venezuela’s largest privately-owned company with annual sales reaching $7 billion, founded by his grandfather. Within the industry, such wealth is characteristic of individuals who own massive companies, making Mendoza stand out among his industrial peers. Therefore, Mendoza’s wealth primarily lies in his ownership of Empresas Polar, reflecting the strong position of this company within the Venezuelan market.

Career and Financial Growth: Mendoza’s career journey has been a significant factor in his financial milestones. After obtaining an MBA from the MIT Sloan School of Management in 1993, he led Empresas Polar to become Venezuela’s largest privately held company. Under Mendoza’s management, Polar has diversified its product portfolio, now offering products ranging from beer and basic food items like flour and condiments, to wine and tuna fish. The broad product base and the company’s market dominance are key factors that have contributed to his substantial wealth.

Source of net worth: Mendoza’s net worth comes primarily from his position as the CEO and substantial stakeholder of Empresas Polar. His strategic approach and management skills have led the company to gain a crucial role in the Venezuelan market. He has also served on the boards of AES La Electricidad de Caracas, CANTV-Verizon, and BBVA Banco Provincial, further enhancing his considerable net worth.

Personal Projects and Ventures: Aside from his role at Empresas Polar, Mendoza has been involved in several other personal projects and ventures. He has served on the boards of prestigious universities, business councils, and corporate groups, including MIT Sloan and the Latin American Board of Georgetown University.

Philanthropy: Philanthropy is a key part of Mendoza’s life. He and his family support Fundacion Polar, one of Venezuela’s largest charities. This non-profit organization focuses on children’s nutrition, health, and education, demonstrating Mendoza’s commitment towards improving the quality of life for Venezuela’s younger generations.

Recent Developments: Recently, Mendoza was recognized for showcasing resilience amid the Venezuelan crisis, notably during a speech at the Massachusetts Institute of Technology MBA convocation in June 2018. However, the ongoing political and economic turmoil in Venezuela could potentially impact Mendoza’s future net worth due to possible adverse effects on Empresas Polar’s business operations.

Height, Weight & Body Measurements

Lorenzo Mendoza height Not available right now. Lorenzo weight Not Known & body measurements will update soon.

Who is Lorenzo Mendoza Dating?

According to our records, Lorenzo Mendoza married to Maria Alexandra Pulido. As of January 13, 2024, Lorenzo Mendoza’s is not dating anyone.

Relationships Record : We have no records of past relationships for Lorenzo Mendoza. You may help us to build the dating records for Lorenzo Mendoza!

Facts & Trivia

Lorenzo Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in Venezuela. Lorenzo Mendoza celebrates birthday on October 5 of every year.

How much is Lorenzo Mendoza worth?

Lorenzo Mendoza
Occupation| Businessman
Title| CEO, Empresas Polar
Spouse(s)| Maria Alexandra Pulido
Children| 4

Who owns Polar beer?

Lorenzo Mendoza runs Venezuela’s largest food company, Empresas Polar, which was founded by his grandfather. It produces and sells beer and basic food items including flour, condiments, tuna fish and wine.

How much is Empresas Polar worth?

Net Worth: $3.5 Billion
Gender:| Male

Who is the richest woman in Venezuela?

On 7 August 2015, Diario Las Américas published an article on its website entitled “María Gabriela Chávez podría ser la mujer más rica de Venezuela” (María Gabriela Chávez Could Be the Richest Woman in Venezuela).

Why is Venezuela so poor?

Political corruption, chronic shortages of food and medicine, closure of businesses, unemployment, deterioration of productivity, authoritarianism, human rights violations, gross economic mismanagement and high dependence on oil have also contributed to the worsening crisis.