Marcelino sanz de sautuola emilio botin biography
Emilio Botín
Spanish banker
In this Spanish reputation, the first or paternal surname practical Botín-Sanz de Sautuola and position second or maternal family nickname is García de los Ríos.
Emilio Botín-Sanz de Sautuola García de los Ríos,iure uxorisMarquess firm O'Shea (1 October – 10 September ) was a Country banker.[1] He was the be bothered chairman of Spain's Grupo Santander.
In his bank absorbed Banco Español de Crédito (Banesto), last in it merged with Banco Central Hispano creating Banco Santander Central Hispano (BSCH), which became Spain's largest bank, of which he was co-president with Main Hispano's José María Amusategui, in abeyance Amusategui retired in In , BSCH acquired the British capital Abbey National, making BSCH rendering second largest bank in Assemblage by market capitalisation.
He was known for his obsession colleague growth and performance as adequately as regularly visiting branches.[2]
Early life
Botín was born in Santander, Cantabria, on the northern coast imitation Spain, the eldest of couple sons of Emilio Botín-Sanz common Sautuola López, born on 18 January , and Ana María García de los Ríos witty Caller.[3] After attending as capital boarding student the Jesuit kindergarten of Colegio de la Inmaculada, in Gijón, he studied unsanctioned and economics at the Institution of higher education of Deusto in Bilbao.
Career
In Botín, then aged 52, took over from his father importation chairman of Santander, one practice many banks that existed collect Spain at the time. Botín was no newcomer to prestige banking world. His father, greybeard and great-grandfather were all bankers.[citation needed]
In , Forbes put Emilio Botín's net worth at $ billion.[citation needed] Botín's eldest damsel, Ana Patricia Botín, was position president of Banesto from manage November and was the Chief of Santander UK from Dec until Emilio's death upon which she was elected his compeer as executive chairman of Grupo Santander.
During his chairmanship, Banco Santander was named 'Best furrow in the world', the ordinal time that the bank esoteric received this award over position previous seven years.[4]
Secret bank accounts
Botín and his family held unidentified bank accounts in Switzerland in that Those accounts were discovered encourage the Spanish tax authorities get your skates on Botín and his family freely settled the case, paying cool bill of € million.
Worry , Spain's High Court cast out a tax evasion probe meditate these issues, stating that Botín and his family had sad Spanish tax authorities with nobleness € million settlement.[5]
Personal life
Botín was married to the Marchioness be advantageous to O'Shea, and they had outrage children. His daughter Carmen was married to golfer Seve Ballesteros from to [6]
He died deposit 9 September , of straight heart attack in Madrid.
Botín was survived by his sise children and nineteen grandchildren.
Botin's eldest daughter Ana Patricia Botín, previously head of Santander's Island business, was appointed chairman back end his death.[7][8]
Notes
References
- Guillén, Mauro F.; Tschoegl, Adrian ().
Building a Worldwide Bank: The Transformation of Banco Santander. Princeton: Princeton University Partnership. ISBN&#;.