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Florentino Perez Net Worth, Biography & Wiki 2017
Florentino Eduardo Perez Rodriguez is a businessman, former politician and civil engineer, born on 8th March 1947, in Madrid, Spain. He is currently the president of Real Madrid C.F. and also of the civil engineering company “Grupo ACS”. He is best known for guiding Real Madrid in the period of “Los Galacticos”, when the club paid enormous transfer fees for elite players.
Have you ever wondered how rich Florentino Perez is? According to sources, it has been estimated that Florentino Perez’s overall net worth is around $1.74 billion, accumulated firstly by building a successful business career; his position as the president of Real Madrid C.F. has only increased his net worth. Since he is still an active businessman, his net worth continues to grow.
Florentino Perez Net Worth $1.74 billion
Florentino went to the Polytechnic University of Madrid, and at the age of 32 he joined the Union of the Democratic Centre, serving on the Madrid city council. As he was politically active for several years, he decided to run in the Spanish general elections as a candidate for the Democratic Reform Party in 1986. When it comes to his career in his field of education, he was named vice president of “OCP Construcciones” in the early ‘90s, and in 1997, when the company expanded into “Actividades de Construccion y Servicios S.A.”, he became its new president. This certainly improved his net worth.
However, his engagement in the world of football also started in the ‘90s, when he first ran for the presidency of Real Madrid in February 1995 as he wanted to help the club’s poor financial situation and re-establish its management, but he lost to Ramon Mendoza. His second attempt turned out to be successful, and Perez took over as the club’s president in 2004, winning with 94.2% of total votes. Florentino’s new strategy was to bring one of the best football players to the club in each season, starting with Luis Figo, and the players were soon referred to as “Galacticos”. Real Madrid soon bought many other famous names to the club, including Ronaldo, Beckham, Robinho and others which proved Perez’s policy to be right, as the club won two Spanish championships and its ninth European Cup. At the same time, Florentino managed to clear the club’s debt.
In May 2009, he announced his second candidacy for Real Madrid’s president and won once again, keeping his position to this day. He continued with his policy of bringing expensive and quality players from around the world, which secured the club’s success and progress as well as his net worth and popularity. On the other hand, Perez has had some troubles running his construction business as his “ACS” company saw a great loss in the first half of 2012, mostly because of the financial crisis in Spain. However, the company sold a 3.69% stake in Iberdola and cancelled its dividend in 2013. This brought the company back on feet as it continued its management despite difficulties.