Uday Kotak, One of the Richest Bankers in the World
Friday, 16 March 2012, 00:49 IST
By SiliconIndia
By SiliconIndia
Luis Carlos Sarmiento
Luis Carlos Sarmiento Angulo is a Colombian billionaire and the wealthiest man in Colombia with a net worth of $12.4 billion. He derives this fortune from the huge banking conglomerate Grupo Aval Accionesy Valores, SA, of which he is the majority shareholder and President. By 2000, he was broadly acknowledged as Colombia's top banking tycoon, holding an estimated 22 percent of the local banking assets, close to the maximum allowed by law. He is ranked 64 in the list. Luis is said to have donated 400apartments to Colombia families affected by landslides and heavy rains.