What is Alvaro Saieh Bendeck's Net Worth?

Alvaro Saieh Bendeck is a wealthy Chilean businessman of Palestinian ancestry who has a net worth of $2.1 billion. Since 1996, he has been acting as First Vice Chairman of the Board of Directors for Corpbanca S.A., one of Chile's largest private banking institutions. Also, he has been serving as CEO for the media conglomerate Copesa and President of Corp Group S.A. Holding a Ph.D.

in Economics from the University of Chicago, he has started his involvement in the Chilean financial and real estate sector in his early youth. As Corpbanca's investor relations director, Claudia Labbe Montevecchi, stated Alvaro Saieh Bendeck has accumulated a fortune estimated at $2.6 billion, through his various stakes in retail, media, real estate and insurance companies; his retail unit, SMU, being only one of them. Apart from rising big in the world of business, he is also a husband and a father of five.