Reclusive Billionaire Jaime Gilinski Makes Biggest Bid of His Life

(Bloomberg) — Over a span of four decades, Jaime Gilinski has quietly amassed a fortune exceeding $4 billion by expanding his family’s group of companies and pushing into new areas like banking, finance and real estate.

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At 63, the Colombian native is embarking on his biggest gamble yet: a $2.2 billion bid to buy a majority stake in foodmaker Grupo Nutresa SA with the royal family of Abu Dhabi. For the deal to succeed, he’ll need to convince a group of investors in…


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[unable to retrieve full-text content]Stock market today: Dow touches 40,000 as stocks hover at record …

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