Jeronimo Arango
Name: Jeronimo Arango
Real Name: Jerónimo Arango
Occupation: Retail
Gender: Male
Birth Day: November 7, 1927
Death Date: April 4, 2020 (aged 93)
Age: Aged 93
Birth Place: Los Angeles, California, Mexico

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Jeronimo Arango

Jeronimo Arango was born on November 7, 1927 in Los Angeles, California, Mexico (93 years old). Jeronimo Arango is a Retail, . Nationality: Mexico. Approx. Net Worth: $4.4 Billion. With the net worth of $4.4 Billion, Jeronimo Arango is the #340 richest person on earth all the time in our database.

Net Worth 2020

$4.4 Billion
Find out more about Jeronimo Arango net worth here.

Does Jeronimo Arango Dead or Alive?

As per our current Database, Jeronimo Arango died on April 4, 2020 (aged 93).

Physique

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Biography

Biography Timeline

1958

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 supermarket chain in Mexico (including Aurrerá and Superama stores) as well as restaurants (VIPs and El Portón) and fashion stores (Suburbia).

1991

By 1991, Arango partnered with Wal-Mart, a move that eventually brought the Wal-Mart retail stores to Mexico. The Mexican chain was later renamed Walmex and became the starting point for Wal-Mart's expansion in Mexico. By 1997 the Arango family decided to sell majority shareholding of CIFRA to Wal-Mart in a transaction worth over $2 billion.

2020

Prior to his death, his residence was in Los Angeles, California. He had a vacation home in Acapulco which was designed by John Lautner. This house known as the Marbrisa House, is considered an icon in space age/googie design. Arango died on 4 April 2020 due to natural causes.

🎂 Upcoming Birthday

Currently, Jeronimo Arango is 94 years, 7 months and 18 days old. Jeronimo Arango will celebrate 95th birthday on a Monday 7th of November 2022.

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