The Peruvian billionaire, Jorge Rodriguez Rodriguez, has a net worth of $1.4 billion.
Jose Rodriguez Banda SA, a transport company that offers transportation services to mining companies, was founded by Vito and his brother Jorge.
In 1967, they founded a company named after their father.
In 1986, the duo decided to expand the company by acquiring Gloria SA, the largest producer of canned evaporated milk in Peru. The Berckemeyer family owned 40% of Gloria, while Nestlé had a controlling stake of 60%.
The company was only transferred to Peruvian hands after Alan Garca, the then-president of Peru, persuaded him to do so.
Gloria’s success as a profitable company was due to the acquisition of multiple companies since 1991.
The Rodriguez family possesses shares in food companies situated in Argentina, Bolivia, Colombia, Ecuador, Puerto Rico, and Uruguay, as well as sugar mills in Peru, Ecuador, and Argentina.