Jose Manuel Loureda Spanish property developer, entrepreneur, billionaire Country: Spain

Biography of José Manuel Loureda

José Manuel Loureda is a renowned Spanish developer, entrepreneur, and billionaire. Born in Spain, he is a highly educated individual, having graduated from the Escuela Tecnica Superior de Madrid. With a personal fortune estimated at around $2.3 billion, he is listed among the most influential and wealthy individuals on the planet, according to Forbes.

Loureda currently resides in Madrid with his wife and six children. In 1986, he, along with his colleagues from his previous job, formed the company Sacyr Vallehermoso. As an engineer and builder, Loureda played an active role in the organization from its inception, applying his knowledge and skills.

In 2003, Loureda became the president of the company, significantly expanding his responsibilities while remaining an active participant in the company's operations. Unfortunately, his tenure as president was short-lived, as he had to step down from the position in 2004. However, he continued to be involved in the management of the company, serving as a director at that time.

Sacyr Vallehermoso S.A, currently headquartered in Madrid, operates through its Spanish, Portuguese, and Latin American subsidiaries. The company's various divisions offer a wide range of services, primarily focusing on construction projects related to residential properties, offices, shopping centers, hotels, nursing homes, and other buildings.

Loureda continues to hold the position of director at Sacyr Vallehermoso S.A, along with fulfilling various other roles. He is also a founding member of the New Economic Forum. While not widely recognized as a philanthropist, there is evidence of Loureda's involvement in numerous charitable initiatives. Although he may not be an outspoken philanthropist, his participation in philanthropic projects demonstrates his commitment to giving back to society.