What is Jamie Gilinski Bacal's Net Worth?
Jamie Gilinski Bacal is a Colombian banker and real estate developer who has a net worth of $3.2 billion. Born on December 14, 1957, Jamie Gilinski Bacal made his fortune when he turned his father's wealth into a multi-billion dollar financial group. His father, Isaac, had two businesses, plastic company Rimax and snack foods market Yupi. Holding a BS in Industrial Engineering from Georgia Institute of Technology and a MBA from Harvard Business School, Gilinski started his career in Morgan Stanley's M&A unit. When he moved back to Columbia, in the 90s, he bought the Colombian assets of Bank of Credit and Commerce International (BCCI) for a normal price.
Soon, Gilinski renamed it into Banco Andino, and developed it into one of Colombia's most efficient banks that later he sold for $70 million. Bringing George Soros as an investor, he did the same thing with Banco de Colombia, and in beginning of 2000, Gilinski merged the wo banks in order to form Banco GNB Sudameris, which purchased HSBC's Latin American operations in 2012 for $400 million. In addition to his banks, he is also a real estate developer who will create the Panama Pacifico, 2,750 acres-big area in the suburb of Panama City, in partnership with the Livingstone brothers' London & Regional Properties. Moreover, Gilinski is famous for his philanthropic works supporting various foundations like Fundacion Santa Fe, the Chabad House at Harvard, David Rockefeller Center for Latin American Studies at Harvard and many more. Also, he and his wife, Raquel, have started the Jaime and Raquel Gilinski Fellowship at Harvard Business School, giving MBA scholarships to students from Latin America.
