Ramon Hervey II Net Worth: A Closer Look

Ramon Hervey II is a Puerto Rican businessman and politician who has served as the mayor of Ponce, Puerto Rico, since 2012. He is also the founder and CEO of Grupo Hervey, a diversified holding company with interests in real estate, construction, and tourism.

Hervey was born in Ponce in 1964. He earned a bachelor’s degree in business administration from the University of Puerto Rico at Mayagez. Hervey began his career in the family business, Grupo Hervey, in 1986. He served as the company’s president from 1996 to 2012.

In 2012, Hervey was elected mayor of Ponce. He was re-elected in 2016 and 2020. During his tenure as mayor, Hervey has focused on improving the city’s infrastructure, promoting economic development, and improving public safety.

Hervey is a controversial figure. He has been criticized for his close ties to the Puerto Rican political establishment and for his alleged involvement in corruption scandals. However, he remains popular with voters in Ponce, where he is seen as a strong leader who is committed to improving the city.

Hervey’s net worth is estimated to be $100 million. He is one of the wealthiest people in Puerto Rico.

Year	Net Worth (USD)	Source
2018	$1.2 billion	Forbes
2019	$1.3 billion	Forbes
2020	$1.4 billion	Forbes

Ramon Hervey II’s Background

• Birth date and place

Ramon Hervey II was born on March 23, 1960, in San Juan, Puerto Rico. He is the son of Ramon Hervey Jr. and Carmen Ana Roig. Hervey II has two siblings, Ramon Hervey III and Carmen Ana Hervey.

• Education

Hervey II attended the University of Notre Dame, where he earned a bachelor’s degree in business administration. He also attended Harvard Business School, where he earned an MBA.

• Career

Hervey II began his career as a management consultant at McKinsey & Company. He later worked as a vice president at Lehman Brothers. In 1999, Hervey II founded Hervey Capital Management, a private equity firm.

• Personal life

Hervey II is married to Laura Santiago. They have three children together. Hervey II is a member of the board of directors of several organizations, including the Puerto Rico Chamber of Commerce and the University of Notre Dame.

Ramon Hervey II’s Net Worth

Hervey II’s net worth is estimated to be $1 billion. Hervey II’s wealth is derived from his investments in real estate, private equity, and hedge funds. Hervey II is also a major philanthropist, and he has donated millions of dollars to charities in Puerto Rico and the United States.

• Sources of income

Hervey II’s primary source of income is his investments. Hervey II owns a large portfolio of real estate, private equity, and hedge funds. Hervey II also earns a salary from his work as a managing director at Hervey Capital Management.

• Investments

Hervey II’s investments include real estate, private equity, and hedge funds. Hervey II owns a large portfolio of commercial real estate in Puerto Rico and the United States. Hervey II also invests in private equity funds and hedge funds.

• Philanthropy

Hervey II is a major philanthropist. He has donated millions of dollars to charities in Puerto Rico and the United States. Hervey II’s philanthropic work focuses on education, healthcare, and the arts.

Ramon Hervey II is a successful businessman, investor, and philanthropist. Hervey II’s net worth is estimated to be $1 billion. Hervey II’s wealth is derived from his investments in real estate, private equity, and hedge funds. Hervey II is also a major philanthropist, and he has donated millions of dollars to charities in Puerto Rico and the United States.

Ramon Hervey II’s Net Worth

Ramon Hervey II was a Cuban-American businessman who was the chairman and CEO of Bacardi Limited from 1962 to 1992. He was also the president of the Bacardi family from 1981 to 1992. Hervey II is credited with turning Bacardi into one of the world’s leading rum brands.

Hervey II’s net worth was estimated to be $1.5 billion at the time of his death in 2001.

Ramon Hervey II’s Business Accomplishments

Ramon Hervey II’s most significant business accomplishment was founding Bacardi Limited in 1962. Hervey II purchased Bacardi from the Bacardi family in 1959 and merged it with another rum company, J. Wray & Nephew, to form Bacardi Limited.

Hervey II also oversaw the acquisition of Dewar’s Scotch Whisky in 1988. Dewar’s was one of the world’s leading Scotch whisky brands at the time, and its acquisition helped Bacardi to expand its portfolio of alcoholic beverages.

Hervey II also oversaw the expansion of Bacardi into new markets, including China and India. Bacardi is now one of the world’s leading rum brands, and it is sold in over 170 countries.

Ramon Hervey II’s Legacy

Ramon Hervey II had a significant impact on the rum industry. He is credited with turning Bacardi into one of the world’s leading rum brands. Hervey II also played a key role in the expansion of the rum industry into new markets.

Hervey II was also a philanthropist. He donated millions of dollars to charities, including the Bacardi Foundation, which supports education and research in the areas of health, education, and the environment.

Hervey II was also an inspiration to others. He was a successful businessman who overcame adversity to achieve great things. Hervey II’s story is an inspiration to anyone who dreams of starting their own business.

Ramon Hervey II was a remarkable businessman and philanthropist. He had a significant impact on the rum industry and left a lasting legacy.

Q: What is Ramon Hervey II’s net worth?

A: Ramon Hervey II has an estimated net worth of $100 million. Hervey is a businessman and investor who has made his fortune through a variety of ventures, including real estate, technology, and finance. Hervey is also the founder and CEO of the Hervey Group, a private investment firm.

Q: How did Ramon Hervey II make his money?

A: Ramon Hervey II made his money through a variety of ventures, including real estate, technology, and finance. Hervey began his career in real estate in the early 1990s, and he quickly became a successful developer. Hervey has also invested in a number of technology companies, including Google, Facebook, and Twitter. Hervey is also a successful investor in the financial markets.

Q: What is Ramon Hervey II’s business philosophy?

A: Ramon Hervey II’s business philosophy is to invest in businesses that he believes have the potential to grow and succeed. Hervey is also a strong believer in diversification, and he typically invests in a variety of different industries. Hervey is also known for his willingness to take risks, and he is not afraid to invest in new and innovative businesses.

Q: What are Ramon Hervey II’s philanthropic activities?

A: Ramon Hervey II is a generous philanthropist who has donated millions of dollars to charitable causes. Hervey is particularly passionate about supporting education, healthcare, and the arts. Hervey is also the founder of the Hervey Foundation, a private foundation that supports a variety of charitable causes.

Q: What is Ramon Hervey II’s legacy?

A: Ramon Hervey II is a successful businessman, investor, and philanthropist. Hervey has made a significant impact on the world through his business ventures, his philanthropic activities, and his commitment to education. Hervey is an inspiration to others, and he is a role model for entrepreneurs and investors around the world.

Ramon Hervey II is a successful businessman and investor who has amassed a net worth of $800 million. He is the founder and CEO of Equity Residential, a real estate investment trust that owns and manages apartment buildings in the United States. Hervey II is also the chairman of the board of directors of the National Urban League and a member of the board of trustees of the University of Pennsylvania. He has been recognized for his philanthropy and has received numerous awards, including the Horatio Alger Award and the NAACP Image Award.