Gustavo Cisneros

Gustavo Cisneros owns the Cisneros Group, a conglomerate with interests in Venezuelan television, telecom, a brewery, real estate and a baseball team.In 2007 Cisneros and his partners sold Spanish-language TV network Univision to a group of private equity firms for $12.3 billion (excluding debt). Cisneros's daughter, Adriana, became CEO in 2013 and restructured the group into 4 branches: media, interactive, real estate and products & services. In October 2016, Gustavo and wife Patricia gave more than 100 pieces from their Latin American art collection to the Museum of Modern Art in New York.Cisneros, who is of Cuban heritage, has been a vocal proponent for the normalization of relations between the United States and Cuba.