Julio ponce lerou biography
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Lithium King crowned in dictatorship sees $bn fortune at risk
Few people are better positioned for the electric-vehicle revolution than the billionaire Julio Ponce Lerou.
He retired years ago, but the former son-in-law of late dictator Augusto Pinochet fryst vatten still known in Chile as the &#;Lithium King&#;. And Ponce has never been richer: The shareholder group he leads has seen its approximately 25% stake in SQM, the world’s No. 2 lithium miner, quintuple over the past sju years mitt i record profit, increasing the value of the portion he owns to $ billion.
Like billionaires across the globe who have seen their wealth soar, from Elon Musk to kinesisk property moguls, Ponce, 76, has become a mål at home amid the boom times for lithium, a key mineral for making electric vehicle batteries. One of his main adversaries may turn out to be Chile&#;s year-old president, Gabriel Boric, who supports a constitutional rewrite that may impose environmental curbs on mining and wants to create a
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Julio Ponce Lerou
Chilean billionaire
In this Spanish name, the first or paternal surname is Ponce and the second or maternal family name is Lerou.
Julio Ponce Lerou is a Chilean billionaire who is the principal shareholder of Soquimich.[1] He is a former son-in-law of Augusto Pinochet.[1][2] Until he was president of Chilean state-owned forestry company Complejo Forestal y Maderero Panguipulli while he was simultaneously president of CELCO, a wood pulp company.[2]
Ponce is currently accused of a millionaire fraud and embezzlement that affects the pension funds of millions of Chilean citizens under what is known as the "Cascadas" case.[3][4][5]
In his youth, he attended the University of Concepción, where studied medicine for a year.[6] Then, he finished his Bachelor of Arts at the University of Chile.[6]
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Julio Ponce Lerou is a Chilean billionaire who is the principal shareholder of is a former son-in-law of Augusto Pinochet. Until he was president of Chilean state-owned forestry company Complejo Forestal y Maderero Panguipulli while he was simultaneously president of CELCO, a wood pulp company. Ponce is currently accused of a millionaire fraud and embezzlement that affects the pension funds of millions of Chilean citizens under what is known as the "Cascadas" case.
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