Manuel Lao Hernandez

Manuel Lao Hernandez Net Worth

Manuel Lao Hernandez Net Worth: Manuel Lao Hernandez is a Spanish entrepreneur who has a net worth of $2.2 billion. Manuel Lao Hernandez entered the billionaire circles for the first time this year. He accumulated his vast fortune thanks to Cirsa, which is Spain's largest casino corporation. What was set up in 1978 as a small gaming company now operates in nine countries in Latin America and Europe. According to 2013 estimates, the company grossed more than $2.5 billion (1.8 billion euros) in revenues. The empire, which is 100% owned by Hernandez, also holds interests in amusement arcades, casinos and hotels around the globe. Manuel Lao Hernandez is not alone in the business as he had his three children join Cirsa.