✎ About Lorenzo Mendoza & family

Lorenzo Mendoza & family was born on October 05, 1965 in Venezuela. Lorenzo Mendoza runs Venezuela's largest food company, Empresas Polar, which was founded by his grandfather. It produces and sells beer and basic food items including flour, condiments, tuna fish and wine. A long-time critic of deceased former Venezuelan President Hugo Chavez, Mendoza continues to struggle with government policies. President Nicolas Maduro has called him an "oligarch of the devil" and has accused him of reducing production and hoarding products to create shortages. Mendoza has always denied these accusations. In December 2015, government officials reportedly entered Polar's Pepsi plant in Caucagua, detained employees and ordered them to restart production of goods, but the company said they could not be produced due to raw material shortages as a result of Venezuela's currency control system. The employees were subsequently released.
Lorenzo Mendoza & family is a member of Food and Beverage

💰Lorenzo Mendoza & family Net worth: $1.5 Billion

2010 $3.5 Billion

2011 $3.4 Billion

2012 $3.4 Billion

2013 $4 Billion

2014 $3.5 Billion

2015 $2.7 Billion

2016 $1.5 Billion

2018 $1.5 Billion

Some Lorenzo Mendoza & family images

Biography/Timeline

1941

Lorenzo Mendoza is the third generation of the family that controls Empresas Polar, Venezuela's largest privately held company, founded by his grandfather as a beer company in 1941.

1993

Mendoza attended the Hun School of Princeton in New Jersey, and went on to receive a bachelor's degree in industrial engineering from Fordham University, and an MBA in 1993 from the MIT Sloan School of Management.

2009

In 2009 Polar was a casualty of Venezuelan President Hugo Chavez's land reform schemes when the government took over one of the company's properties claiming the land was being underused.

2015

As of November 2015, Forbes estimated his net worth at US$2.7 billion.

Tags:

1965 births Living people Venezuelan businesspeople Massachusetts Institute of Technology alumni MIT Sloan School of Management alumni Venezuelan billionaires People from Caracas Fordham University alumni Industrial engineers Venezuelan people stubs