Gustavo Cisneros dies, the Venezuelan businessman who took successful of greater than 28,000 million pesetas after the expropriation of Rumasa | EUROtoday

With nice enterprise ties in Spain, his buy and subsequent sale of Galeras was one of many first scandals of ‘Felipismo’.

The Venezuelan businessman Gustavo Cisneros died this Friday on the age of 78, reported the media and leisure enterprise group Cisnerosthe place he served as president of the Board of Directors.

Cisneros was well-known in Spain for the ‘hit’ he gave when the expropriation of Feeling in 1983. At that point, the businessman purchased Guys for 1,500 million pesetas and, three years later, promote them for greater than 30,000. An amazing deal, which was one of many first scandals of the ‘felipismo‘ in Spain, for which he pocketed greater than 28,000 million pesetas.

“Cisneros informs, with deep regret, the death of the president of the Board of Directors of Cisneros, Gustavo Cisneros Rendiles“, an distinctive chief who transcended enterprise, characterised by his strategic imaginative and prescient and dedication to innovation,” the company said in a statement published on its website.

Without detailing the cause of death, the company, owner of the channel Venevisionof the Miss Venezuela and a “international distributor of leisure content material”, according to his own information, he noted that the businessman dedicated his life to building, with “management and dedication”, a “sustainable legacy” that inspires to “comply with the trail of excellence and The responsability”.

Cisneros, born in 1945, stood out for the “internationalization of the group of Venezuelan firms and for main the leisure business in Latin America and the Hispanic market of the USA“, according to the statement.

Fedecmaras, the largest Venezuelan employers’ association, expressed its “deepest remorse” at the death of Cisneros, who – according to the statement of this union – was recognized, “on the nationwide and worldwide stage, for being a profitable businessman” and for having shown a “nice management within the completely different sides that he developed throughout his lengthy and fruitful skilled profession.”

His death was also mourned by Venezuelan authorities, journalists, among others, as well as by opposition politicians, including the two-time presidential candidate Henry Caprileswho conveyed his “phrases of condolences” to “all his household, mates and colleagues.”