Luis Carlos Sarmiento

Luis Carlos Sarmiento (#348)

Global Rank #348

Country Rank #3

Country Colombia

Luis Carlos Sarmiento is listed among the world billionaires tracked by Iconic Billionaires.

$ 10 B
Banking
Colombia
M
93 Years

Snapshot

Quick Facts

Global Rank #348

Country Rank #3

Net Worth $9.7B

Previous Worth $9.7B

Worth Change +$0.0B

Country Colombia

Industry Banking

Age 93 Years

Gender M

Worth As Of May 4, 2026

Residence Bogota, Colombia

Citizenship Colombia

World Billionaires List Colombia Billionaires Banking

Profile Data

Personal Stats

Age 93

Source Of Wealth Banking, Self Made

Residence Bogota, Colombia

Citizenship Colombia

Marital Status Married

Children 5

Education Bachelor of Arts/Science, National University of Colombia

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $9.7B

Current Net Worth $9.7B

Worth as of May 4, 2026

About Me

Luis Carlos Sarmiento Angulo took a fortune amassed in the construction industry and invested it in banks. His Grupo Aval now controls one third of all banks in Colombia; his son Luis Carlos Sarmiento Gutierrez is chairman. After graduating with a degree in engineering, Sarmiento briefly worked at a construction company, but took a 10,000 pesos payout and started his own firm. He bought Colombia's largest newspaper El Tiempo in 2012 for an estimated $250 million. His construction firm built the Grand Hyatt in Bogota, which opened in August 2018.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Luis Carlos Sarmiento.

#341

Billionaires (2026)

Insights

Did You Know?

At age 14 he worked part time at Colombia's national radio network making programs for children.

He is the second youngest in a family of 9 children.

Wealth Growth

Net Worth Growth Over Time

Tracking Luis Carlos Sarmiento's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $9.7B (May 4, 2026)