Alicia Koplowitz- Reported to have lost $14 million with Madoff
Reported to lose $14 million with Madoff
The World's Billionaires
#158 Alicia Koplowitz
03.08.07, 6:00 PM ET
Age: 54
Fortune: inherited and growing
Source: investments
Net Worth: $5.0 bil
Country Of Citizenship: Spain
Residence: Madrid , Spain, Europe & Russia
Industry: Investments
Marital Status: divorced, 3 children
Education:
With older sister Esther inherited Fomento de Construcciones y Contratas from late father. The sisters ran the company jointly from 1989 to 1997; sold her share to Esther in 1997 for $800 million. Has invested proceeds in companies such as Acerinox, Inmocaral and Banco Sabadel; hotels in Spain, Italy and Portugal; and U.S. real estate. Her financial adviser is Oscar Fanjul, former chief executive of oil and gas company Repsol, who sits on boards of such companies as the London Stock Exchange and The Marsh & McLennan Companies. Together they are now creating one of Spain's first hedge funds and hoping to attract outside investors. Through her charitable foundation, sends Spanish fellows to study child psychiatry in England and the U.S. (Columbia, NYU, Pittsburgh). Rumored to be romantically involved with the Duque de Huescar, heir to the Spanish aristocratic house of Alba.
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