Horst Paulmann

Chile, retail. Paulmann, born in Germany, opened the first Jumbo hypermarket in Santiago in 1976 and grew Cencosud into one of Latin America's largest retailers, entering Argentina in 1982 and later Brazil, Peru and Colombia through new stores and acquisitions. Running supermarkets, department stores and shopping centres across countries with very different inflation rates was the core skill. He died in 2025.