Juan Cuneo Solari
One Of The Richest People In Chile

Juan Cuneo Solari is on the list of richest Chileans due to his family's retail business. In 1889, Salvatore Falabella decided to begin a tailor shop. An immigrant from Italy, he worked hard to expand the business. When Alberto Solari married his granddaughter in the 1930s, the business began to expand further. 

Alberto Solari invested in women's clothing and household goods in an attempt to diversify the company. By 1958, the family opened its first department store in Chile. Before long, the family had opened another store in Argentina. Presently, SACI Falabella has 80,000 employees throughout Latin America.

As a youth, Juan Cuneo Solari studied commerce and engineering at the Pontifica Universidad Catolica de Chile. After receiving his degree, Juan Cuneo Solari started to work in the family business. Juan Cuneo Solari rose through the ranks to his current role as the chairman of Falabella. His stake in the company is shared with his two daughters. 

His daughters are Paola Cuneo Queirelo and Giorgianna Cuneo Queirelo. Currently, he possesses a net worth that is estimated to be at $3.4 billion. Juan Cuneo Solari is listed on the Forbes list of billionaires and is presently the seventh richest person in Chile. 

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