Billionaire Profile
Julio Ponce Lerou
Global Rank
#1218

Image: Public domain | via Wikimedia Commons

Julio Ponce Lerou

CEO, Sociedad Química y Minera de Chile (SQM)
CL
Real-Time Net Worth
$3.3B
As of December 2025
Age
80
Source
Fertilizer
Industry
metals-mining
Citizenship
CL

Biography

Julio Ponce Lerou, a Chilean businessman, is the principal shareholder of Sociedad Química y Minera de Chile (SQM), one of the world's largest producers of lithium, iodine, and fertilizers. Born on January 23, 1946, Lerou has built a significant net worth through his involvement in the metals and mining industry. His career includes leadership positions in state-owned companies and a long tenure at SQM, where he was chairman for nearly 40 years. Despite controversies, his achievements include transforming SQM into a global leader. His career highlights include leading SQM to become a major player in the chemical and mining industries.

Wealth Over Time

In-Depth Profile

Early Life

Julio César Ponce Lerou was born on January 23, 1946, in La Calera, Chile. Details about his early life and childhood are not widely available. He studied medicine for a year at the University of Concepción before completing his Bachelor of Arts degree at the University of Chile.

Rise to Success

Ponce Lerou's career began in the forestry sector. He became the president of the Chilean state-owned forestry company Complejo Forestal y Maderero Panguipulli and the wood pulp company CELCO. Later, he became the principal shareholder of Sociedad Química y Minera de Chile (SQM). His connection to former Chilean dictator Augusto Pinochet, being a former son-in-law, played a significant role in his success. During Pinochet's regime, SQM was privatized. Ponce Lerou headed SQM for almost 40 years.

Key Business Strategies

Ponce Lerou's success is closely tied to his strategic leadership at SQM. The company, founded in 1968, is a major player in the chemical and mining industries. SQM is the world's largest lithium producer. Under Ponce Lerou's leadership, SQM expanded its operations and became a global company with a significant presence in the Atacama Desert. The company produces essential industrial and agricultural chemicals, including potassium nitrate, iodine, and lithium used in electric vehicle batteries. Ponce Lerou's foresight in recognizing the value of lithium positioned SQM well for the electric vehicle boom.

Philanthropy

Information about Julio Ponce Lerou's philanthropy is not readily available.

Career Milestones

1972

Subgerente of the El Chagres sawmill

Julio Ponce Lerou served as the subgerente of the El Chagres sawmill in Panama.

1978

Director of Celulosa Constitución (Celco)

Ponce Lerou was appointed the director of Celco.

1979

Manager of Corfo companies

He was appointed the manager of the Corfo companies, which was then directly linked to major Chilean state-owned enterprises.

1980

Executive Director of CONAF

Julio Ponce Lerou was appointed as the Executive Director of CONAF.

1982

Left the presidency of Complejo Forestal y Maderero Panguipulli and CELCO.

Ponce Lerou stepped down as president of Complejo Forestal y Maderero Panguipulli and CELCO.

1981

President of Soquimich Comercial SA

Mr. Ponce Lerou started his career as the President of Soquimich Comercial SA in 1981 and held the position until 2010.

2010

Chairman at SQM Nitratos SA

Julio Cesar Ponce Lerou has been the Chairman at SQM Nitratos SA since 2010.

2010-2015

Chairman at Sociedad Quimica y Minera de Chile SA

Julio Ponce Lerou served as the Chairman at Sociedad Quimica y Minera de Chile SA from 2010 to 2015.

Philanthropy & Social Impact

N/A

Not Available

Undisclosed

Philanthropic information not available

Controversies & Challenges

2014

Cascadas Case

Ponce Lerou was involved in the 'Cascadas' case, which involved allegations of fraud and embezzlement affecting Chilean pension funds.