Emilio Botin Net Worth

Emilio Botin, born in 1934, is a fourth-generation banker and the head of Banco Santander. Despite a 34.6% drop in net profits in 2011 due to the Spanish economy, Banco Santander has over 13,000 branches worldwide, including a presence in the U.S. and the UK. Latin America contributes 51% to profits. In 2011, Botin's family paid a penalty to avoid charges of tax evasion related to a secret Swiss bank account. Botin's daughter, Ana Botin, runs Banesto, the bank's retail branch. Botin's great-grandfather discovered the famous Altamira caves in northern Spain in 1879. In his free time, Emilio enjoys golf, hunting and fishing.
Emilio Botin is a member of Finance

Age, Biography and Wiki

Birth Day October 01, 1934
Birth Place Spain
Age 86 YEARS OLD
Died On 10 September 2014(2014-09-10) (aged 79)\nMadrid, Spain
Birth Sign Scorpio
Alma mater University of Deusto
Occupation Banker
Employer Santander
Known for Executive chairman of Grupo Santander
Spouse(s) Paloma O'Shea
Children Ana Patricia Botín O'Shea Carmen Botín O'Shea Carolina Botín O'Shea Paloma Botín O'Shea Javier Botín O'Shea Emilio Botín O'Shea
Parent(s) Emilio Botín-Sanz de Sautuola López Ana García de los Ríos y Caller
Relatives Jaime Botín (brother)

💰 Net worth: $1.1 Billion (2024)

Emilio Botin, a prominent figure in the finance sector of Spain, is projected to have a net worth of $1.1 billion by 2024. Botin's significant wealth is a result of his successful career and extensive contributions to the financial industry. Recognized for his expertise and leadership, he has played a crucial role in shaping the Spanish economy. As the head of Banco Santander, one of the largest and most influential banks in Spain, Botin has demonstrated impressive business acumen and unwavering dedication to his profession. With his substantial net worth, Emilio Botin is undeniably one of the most affluent individuals in the country, reflecting his exceptional accomplishments in the financial landscape.

2010 $1.7 Billion
2011 $1.5 Billion
2012 $1.1 Billion
2018 $1.1 Billion

Some Emilio Botin images

Biography/Timeline

1903

Botín was born in Santander, Cantabria, on the northern coast of Spain, the eldest of two sons of Emilio Botín y Sanz de Sautuola, born on 18 January 1903, and Ana María García de los Ríos y Caller. After attending as a boarding student the Jesuit school of Colegio de la Inmaculada, in Gijón, he studied Law and Economics at the University of Deusto in Bilbao.

1937

Botín and his family held undisclosed bank accounts in Switzerland since 1937. Those accounts were discovered by the Spanish tax authorities in 2010. Botín and his family voluntarily settled the case, paying a bill of €200 million. In 2012, Spain's High Court dropped a tax evasion probe for these issues, stating that Botín and his family had satisfied Spanish tax authorities with the €200 million settlement.

1986

In 1986 Botín, then aged 52, took over from his Father as President of the Banco de Santander, one of many banks that existed in Spain at the time. Botín was no newcomer to the banking world. His Father, grandfather and great-grandfather were all Bankers.

1988

Botín was married to the Marquise of O'Shea, and they had six children. His daughter Carmen was married to Golfer Seve Ballesteros from 1988 to 2004.

2005

In 2005 Forbes put Emilio Botín's net worth at $1.7 billion. Botín's eldest daughter, Ana Patricia Botín, was the President of Banesto from 2002 to November 2010 and was the CEO of Santander UK from December 2010 until Emilio's death upon which she was elected his successor as President of Grupo Santander.

2012

During his presidency, Banco Santander was named 2012 'Best bank in the world', the third time that the bank had received this award in the past seven years.

2014

He died on 9 September 2014 of a heart attack in Madrid. Botín was survived by his six children and nineteen grandchilden.