Last but not least, the Flores family owns the largest textile "maquila" operations exporting to the US under DR-CAFTA. They manufacture jeans and t-shirts for Walmart, Target, and GAP. While their margins are thin, their volume is massive. They employ thousands of workers, making them a politically connected family when labor disputes arise. It is crucial to note that President Nayib Bukele, despite his popularity, is not part of this "14 families" list. His wealth is modest compared to the Dueñas or Kriete clans. In fact, much of Bukele’s political appeal came from railing against these families' tax evasion and political manipulation.
When most people think of El Salvador today, they think of surfing, pupusas, and Nayib Bukele’s pioneering Bitcoin experiment. However, beneath the surface of this vibrant Central American nation lies a deeply entrenched economic reality: the concentration of wealth within a small group of powerful families. 14 richest families in el salvador
If you are building a house in El Salvador, you buy cement and rebar from , the largest hardware chain in the country. The Llach family holds exclusive distribution rights for Cemento de El Salvador (CESSA) and international construction brands. They are the invisible engineers of the nation's construction boom. 12. The Quiñonez Family (Grupo Q / Alcadía) Estimated Net Worth: $350 Million Source of Wealth: Heavy Machinery, Government Contracts, Urban Development. Last but not least, the Flores family owns