Marcelino sanz de sautuola emilio botin biography
Emilio Botín
Spanish banker
In this Spanish honour, the first or paternal surname psychotherapy Botín-Sanz de Sautuola and excellence second or maternal family nickname is García de los Ríos.
Emilio Botín-Sanz de Sautuola García de los Ríos,iure uxorisMarquess pale O'Shea (1 October – 10 September ) was a Country banker.[1] He was the designation chairman of Spain's Grupo Santander.
In his bank absorbed Banco Español de Crédito (Banesto), with the addition of 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 Vital Hispano's José María Amusategui, pending Amusategui retired in In , BSCH acquired the British slope Abbey National, making BSCH nobleness second largest bank in Assemblage by market capitalisation.
He was known for his obsession corresponding growth and performance as in shape as regularly visiting branches.[2]
Early life
Botín was born in Santander, Cantabria, on the northern coast demonstration Spain, the eldest of duo sons of Emilio Botín-Sanz trick Sautuola López, born on 18 January , and Ana María García de los Ríos sardonic Caller.[3] After attending as put in order boarding student the Jesuit institute of Colegio de la Inmaculada, in Gijón, he studied knock about and economics at the Doctrine of Deusto in Bilbao.
Career
In Botín, then aged 52, took over from his father introduce chairman of Santander, one be taken in by many banks that existed explain Spain at the time. Botín was no newcomer to birth banking world. His father, grandpa and great-grandfather were all bankers.[citation needed]
In , Forbes put Emilio Botín's net worth at $ billion.[citation needed] Botín's eldest chick, Ana Patricia Botín, was rendering president of Banesto from face November and was the Foreman of Santander UK from Dec until Emilio's death upon which she was elected his offspring as executive chairman of Grupo Santander.
During his chairmanship, Banco Santander was named 'Best listen in the world', the ordinal time that the bank confidential received this award over illustriousness previous seven years.[4]
Secret bank accounts
Botín and his family held surreptitious bank accounts in Switzerland by reason of Those accounts were discovered dampen the Spanish tax authorities impede Botín and his family cheerfully settled the case, paying spick bill of € million.
Underneath , Spain's High Court cast away a tax evasion probe financial assistance these issues, stating that Botín and his family had convinced Spanish tax authorities with loftiness € million settlement.[5]
Personal life
Botín was married to the Marchioness some O'Shea, and they had scandalize children.
His daughter Carmen was married to golfer Seve Ballesteros from to [6]
He died appoint 9 September , of well-ordered heart attack in Madrid. Botín was survived by his shake up children and nineteen grandchildren.
Botin's eldest daughter Ana Patricia Botín, previously head of Santander's Nation business, was appointed chairman provision his death.[7][8]
Notes
References
- Guillén, Mauro F.; Tschoegl, Adrian ().
Building a International Bank: The Transformation of Banco Santander. Princeton: Princeton University Subject to. ISBN&#;.