Julio Herrera Velutini

Julio Herrera Velutini is an Italian-Venezuelan billionaire businessman (born 15 December 1971). He founded and leads the Herrera Group, a conglomerate with holdings in banking, finance, and real estate. Velutini earned his fortune through efficient investments and strategic acquisitions, particularly in the Latin American financial industry. With an estimated net worth of more than $1 billion, he is one of Venezuela’s wealthiest individuals as well as a significant figure in worldwide business and finance, noted for his entrepreneurial energy and financial acumen. His success has extended across numerous.

Julio M. Herrera Velutini is a fifth-generation Latin American and European banker, with over 25 years of worldwide financial expertise. His family has had a significant influence on Venezuela’s banking industry since the nineteenth century. They started Banco Caracas in 1880 and ran the bank for over a century before selling it in 1998.

Julio M. Herrera Velutini has been the chairman of an international bank based in Puerto Rico and with branches in Florida, since 2009. He previously served as Banco Real’s chairman and CEO for two years. During this time, Julio M. Herrera Velutini altered the bank’s business plan to target small businesses and oversaw its expansion into North America.

Julio Herrera Velutini has built a number of banks and other companies during his career. These include the Britannia Financial Group, Britannia Merchant Bank, Britannia Global Investments, and Britannia Dubai. Furthermore, he established Diario de las Américas, Clementina Velutini Clevelca Trust, and Interocean Capital Funds. Among other professional honors, he became the youngest person to lead a Venezuelan bank when he was elected president of the board of Bolívar Banco Universal before becoming 30 years old.

In addition to heading multinational banks, he has been a senior director of BMW of Venezuela and Kia Motors of Venezuela. He also served as senior director of Multinvest Operadora de Bolsa, C.A. from 1992 to 1998. He started his career as a trader on the Caracas Stock Exchange in the early 1990s.

Julio Herrera Velutini has an undergraduate degree from the Central University of Venezuela. He was raised in Venezuela and had his secondary education at the American School in England and the American School in Switzerland. He is a multilingual executive who can speak English, Spanish, and Italian.