On December 14, 1957, Jamie Gilinski Bacal was born in Colombia. His father had been successful in business and owned the Yupi market and a plastic company known as Rimax. Bacal went to the Georgia Institute of Technology to study engineering before he received his MBA from Harvard. After his educational training, he returned to Colombia to work in his fathers business. Jaime Gilinski Bacal transformed his father's companies into a financial group worth billions of dollars. Due to this, Bacal was able to garner a net worth of $2.4 billion.
Once Bacal was in his home country, he chose to purchase assets at the Bank of Credit and Commerce International. He renamed the bank Banco Andino and transformed it into a model of efficiency. He later sold the bank for $70 million and went on to do the same thing with Banco de Colombia. Outside of banking, Bacal owns numerous real estate properties and is developing the 2,750 acre Panama Pacifico. He also is a supporter of organizations like the David Rockefeller Center, Fundacion Sante Fe and the Chabad House at his alma mater. In addition, Jamie Gilinski Bacal has developed scholarship funds so Latin American students can study at Harvard Business School.