Lorenzo Mendoza


Lorenzo Alejandro Mendoza Giménez is a Venezuelan billionaire businessman, the CEO of Empresas Polar, owned by his family, and Venezuela's largest privately held company, with $7 billion in annual sales.

Early life

Mendoza was born in Semillero, Caracas to Lorenzo Alejandro Mendoza Quintero and Leonor Giménez Pocaterra.
Mendoza attended the Hun School of Princeton in New Jersey, and went on to receive a bachelor's degree in industrial engineering from Fordham University, and an MBA in 1993 from the MIT Sloan School of Management.

Polar holding

Mendoza is the third and last generation of the family that controls Empresas Polar, Venezuela's largest privately held company, founded by his grandfather as a beer company in 1941.
Empresas Polar is a holding that owns: Polar Brewery, Polar Foods and Pepsi Venezuela. The brewery produces a Venezuelan popular beer called Polar, named after the polar bear. Polar foods makes basic food products from corn flour and condiments to tuna fish and wine. Pepsi Venezuela fabricates different types of beverages.
In 2009 Polar was affected by Venezuelan president Hugo Chavez's land reform policies when the government took over one of the company's properties claiming the land was being underused.
Along with his family, Lorenzo supports one of Venezuela's largest charities, Fundacion Polar. The focus of the nonprofit organization is children's nutrition, health and education.
As of November 2015, Forbes estimated his net worth at US$2.7 billion.
On June 8, 2018, Lorenzo Mendoza was invited to an MBA convocation in the Massachusetts Institute of Technology, to speak about resilience in the business world, regarding the Venezuelan crisis. The company is one of Venezuela's major employers and is seen as a symbol of resilience in a country rocked by political and economic turmoil.

Personal life

He is married to Maria Alexandra Pulido and has four children.
He likes to practice sports such as tennis, water ski, snow ski, baseball and running.