14 Richest Families In El Salvador Best ❲2024❳

The Alfaro family is a prominent wealthy family in El Salvador, with an estimated net worth of over $800 million. The family's fortune was made through their interests in the manufacturing industry, particularly in the production of textiles and food products. The family's patriarch, Rafael Alfaro, is a well-known businessman and entrepreneur, who has founded several successful companies.

El Salvador’s economy, though small geographically, has long been dominated by a tight-knit oligarchy known as "los catorce" (the fourteen). While the original 14 families of the coffee era (late 19th/early 20th century) have shifted, their descendants still control banking, agro-industry, and mass media. Here are the current dynasties that hold the reins of power. 14 richest families in el salvador best

Since 1989, economic power has consolidated into approximately eight major business groups that dominate the modern Salvadoran economy, including banking, retail, and aviation. The Alfaro family is a prominent wealthy family