Luis Carlos Sarmiento
Colombian billionaire
Luis Carlos Sarmiento Angulo (born 27 January 1933) is a Colombian billionaire businessman and banker. His fortune derives primarily from the banking conglomerate Grupo Aval, of which he is the majority shareholder and chairman.2
From Wikipedia’s article on Luis Carlos Sarmiento (this version), CC BY-SA 4.0.
Born Jan 27, 1933.1
Net worth $10.8B (as of 2019, per The World's Billionaires).13 Richest people
About
For many years, he has been the wealthiest person in Colombia, according to Forbes and Bloomberg. As of December 2025, Forbes estimated his net worth at US$9.8 billion.
From Wikipedia’s article on Luis Carlos Sarmiento, shared under CC BY-SA 4.0.2
Companies
- Grupo AvalFounder11
Early life and education
Career
Occupation: association football player, engineer, civil engineer, entrepreneur.5
- Date not recordedFounder, Grupo Aval4
Sarmiento founded Grupo Aval as a holding company to gather his banking, telecommunications, and real estate interests. Four major banks, as well as other financial service corporations, form the core of the organization. In 2000, plans to list Grupo Aval on the New York Stock Exchange were postponed due to Wall Street's unfavorable climate for emerging market funds.
From Wikipedia’s article on Luis Carlos Sarmiento (this version), CC BY-SA 4.0.
Personal life
Awards
- 2004Order of Boyacá9
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 2WikipediaLuis Carlos Sarmiento on Wikipedia
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- 11WikidataGrupo Aval, Founder
- 12Wikimedia CommonsLuis Carlos Sarmiento photo by Yonatan Lds, CC BY-SA 3.0
- 13WikidataNet worth