14 Richest Families In El Salvador Upd Today

Feature: "The 14 Richest Families in El Salvador — Power & Influence"

Summary

Net worth: Estimated $800 million
Source of wealth: Banking, finance, and commerce
The Conde family is a prominent player in El Salvador's banking sector, owning Banco Conde, a medium-sized bank with a strong presence in the country.

Sources

7. The Kriete Family Originally German immigrants. They are the face of Salvadoran aviation (Grupo TACA, now Avianca). After selling their airline stake, they pivoted to banking (Banco Cuscatlán, now part of Citibank) and industrial manufacturing. 14 richest families in el salvador

However, the concentration of wealth remains staggering. According to the Economic Commission for Latin America (ECLAC), the top 1% of the population in El Salvador (which includes these 14 families) owns approximately 45% of the country's wealth, while the bottom 50% owns less than 5%. Feature: "The 14 Richest Families in El Salvador

Net worth: Estimated $300 million
Source of wealth: Textiles, manufacturing, and commerce
The Rosado family owns several textile and manufacturing companies producing clothing, footwear, and home goods.

The "Cafetaleros" (The Coffee Dynasty Founders)

Most of El Salvador’s old money comes from oro negro (black gold): coffee. These families controlled 80% of the arable land during the "Republic of Coffee" (1876–1930). Net worth: Estimated $800 million Source of wealth: