Jeronimo arango biography template
Jeronimo arango biography template
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Jerónimo Arango
Mexican businessman (1927–2020)
In this Spanish name, the first or paternal surname is Arango and the second or maternal family name is Arias.
Jerónimo Arango | |
|---|---|
| Born | 1927 Mexico |
| Died | April 4, 2020(2020-04-04) (aged 92–93) |
| Occupation(s) | Co-founder, Aurrerá |
Jerónimo Julio Arango Arias (1927 — 4 April 2020)[1][2] was a Mexican billionaire businessman, co-founder of the Aurrerá supermarket chain, with his younger brothers, Manuel and Plácido, known for a long time as three of Mexico's wealthiest men.
His net worth was estimated at US$4.6 billion in 2006 by Forbes.[3]
Career
Arango founded his Aurrerá discount stores in 1958 after a trip to New York where he witnessed people standing in long lines to obtain discounts; he decided to open one that sold at discount, emphasizing cost over other niceties.
The stores flourished and eventually, his family's company, Grupo CIFRA, was the largest su