Alexandre Soares dos Santos
The 3rd Richest Person In Portugal
Alexandre Soares dos Santos is a Portuguese entrepreneur who has an estimated net worth of $2.5 billion. He is the Chairman of the largest food distribution group in Portugal, Jeronimo Martins. The group also has its presence in Poland.
Jeronimo Martins has more than 2500 stores and pulls in a revenue of $3 billion on an average. Santos, along with his family, owns 22% of this retailer. Although there is economic stagnation in Portugal, Jeronimo has constantly grown over the years.
The Polish stores of the group did really well and contribute close to 60% of the total revenue. The firms have plans to expand to Colombia where it plans to open as many as 40 stores. Santos is married with seven children and he presently resides in Portugal.
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