Venezuela is among the most urbanized nations in Latin America. It has the world’s largest oil reserves and has been one of the leading exporters of oil. Venezuela’s economy is mostly based on petroleum and manufacturing sectors. Here is a brief overview of the billionaires in Venezuela, according to their Forbes ranking.
Three Richest People in Venezuela as of 2015:
3) Juan Carlos Escotet – Net worth: $1.8 Billion
This 55 year old self made billionaire is the founder of Caracas-based banking empire Banesco, which has ventures in Panama, Puerto Rico, the US, the Dominican Republic and Colombia. He also bought the struggling Spanish bank Nova Caixa Galicia in late 2013 for $1.3 billion.
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