Billionaire Profile
Jaime Gilinski Bacal
Global Rank
#236

Image: Public domain | via Wikimedia Commons

Jaime Gilinski Bacal

CEO, Grupo Gilinski
CO
Real-Time Net Worth
$12.5B
As of December 2025
Age
67
Source
Banking
Industry
finance-investments
Citizenship
CO

Biography

Jaime Gilinski Bacal, born in Colombia, is a prominent banker and real estate developer, currently residing in London. With a net worth of $12.5 billion, he is a leading figure in Latin America's financial landscape. Gilinski built his empire through strategic acquisitions and mergers, notably in the banking sector. He holds degrees from Georgia Tech and Harvard Business School and has been involved in significant real estate ventures, including the Panama Pacifico development. His philanthropic efforts support education and healthcare initiatives.

Wealth Over Time

In-Depth Profile

Early Life and Education

Jaime Gilinski Bacal was born on December 14, 1957, in Cali, Colombia. He is the son of Isaac Gilinski Sragowicz, a banker, and Perla Bacal. Gilinski's family has roots in Lithuania. He earned a Bachelor of Science in Industrial Engineering from Georgia Tech in 1978 and an MBA from Harvard Business School in 1980.

Banking and Investment Career

Gilinski's career is marked by significant achievements in banking and investments. In the 1990s, he acquired the Colombian assets of BCCI (Bank of Credit and Commerce International) and renamed it Banco Andino, later selling it for $70 million. He then purchased Banco de Colombia in what was the largest privatization in Colombia's history. Gilinski later sold control of Banco de Colombia for $800 million. He merged Banco Sudameris and Banco Tequendama to create GNB Sudameris. Gilinski became the largest shareholder of Banco Sabadell. He acquired the Latin American operations of HSBC.

Real Estate and Other Ventures

Beyond banking, Gilinski is involved in real estate, developing the Panama Pacifico project. He owns businesses like Yupi and Rimax Plastics. In 2022, Gilinski purchased large stakes in Grupo Nutresa and Grupo Sura.

Philanthropy

Jaime Gilinski is committed to philanthropy, supporting education and healthcare initiatives in Colombia and abroad. He has contributed to Fundacion Santa Fe, The Chabad House at Harvard University, and the David Rockefeller Center for Latin American Studies at Harvard. He and his wife established the Jaime and Raquel Gilinski Fellowship at Harvard Business School.

Career Milestones

1980

MBA from Harvard

Graduated with an MBA from Harvard Business School.

1990s

Acquired and Sold Banco Andino

Acquired the Colombian assets of BCCI and renamed it Banco Andino, later selling it.

1994

Purchased Banco de Colombia

Purchased Banco de Colombia in the largest privatization in Colombian history.

2003

Created GNB Sudameris

Merged Banco Sudameris and Banco Tequendama to create GNB Sudameris.

2012

Acquired HSBC Latin America Operations

Acquired the Latin American operations of HSBC.

2013

Largest Shareholder of Banco Sabadell

Became the largest shareholder of Spain's Banco Sabadell.

2019

Largest Shareholder of Metro Bank

Became the largest shareholder of Metro Bank.

2024

Acquired Grupo Nutresa

Acquired Grupo Nutresa, Colombia's largest food company.

Philanthropy & Social Impact

Healthcare

Fundacion Santa Fe

$8M

Contributed to Fundacion Santa Fe in support of healthcare.

Education

Chabad House at Harvard University

Unknown

Supports The Chabad House at Harvard University.

Education

David Rockefeller Center for Latin American Studies

Unknown

Supports the David Rockefeller Center for Latin American Studies at Harvard.

Education

Jaime and Raquel Gilinski Fellowship

Unknown

Established a fellowship at Harvard Business School.

Healthcare

Mount Sinai Health System

Multi-million dollar commitment

Made a significant commitment to Mount Sinai Health System.

Education

Schools in Medellín

$20M

Philanthropy gives $20 million to schools in Medellín.

Business Philosophy & Leadership

Notable Quotes

"There is a moment in life when you have to take all of the risk, just put all of the cards on the table."

Leadership Principles

Strategic Acquisitions

Building the banking empire through mergers and acquisitions of struggling lenders and turning them around.

Risk-Taking

Embracing calculated risks in the financial sector, as exemplified by his investments in Metro Bank.

Philanthropy

Supporting healthcare and educational initiatives in Colombia and internationally.