What is Jaime Botin's Net Worth?
Jaime Botin is a Spanish banker who has a net worth of $1.7 billion. Jaime Botin, the Executive Chairman of Spain's Grupo Santander, entered the billionaire rankings for the first time in 2015. He earned his fortune thanks to his 23.3% stake in Bankinter S.A., one of the largest banks in Spain. He holds the asset through his company Cartival S.A.
Born to a family that has been involved in banking for decades, it was Botin's great grandfather who founded Banco Santander, another high-ranking bank in the country. Botin was 52 when he got the chance to take over the lead over Banco Santander as president in 1986. However, he was not the only one to preside over the bank as his grandfather, father, and brother Emilio have all served as its presidents for some time. Married with five kids, Jaime Botin resides in Spain's capital Madrid.
Picasso Arrest: In January 2020, Jaime was sentenced to 18 months in prison and given a $58 million fine for smuggling a stolen Picasso.
