Manuel Lao Hernández & family

$1.62B

as of 02/18/25

About Manuel Lao Hernández & family

Manuel Lao Hernandez founded Cirsa, a multinational casino company. He sold it to Blackstone for an estimated $2.6 billion (including debt) in 2018.

He started the business in 1978 and expanded it to nine countries in Latin America and Europe. He still owns Cirsa's Argentina operations.

His three children all worked for the family business, which was based just outside of Barcelona.

Today, through his Nortia investment firm, Lao Hernandez has interests in infrastructure, real estate and leisure and entertainment.

Personal stats

Citizenship

Spain

Source of wealth

Casinos

Residence

Matadepera, Spain

Marital status

Married

Birth date

06/10/44 (age 80)

Number of children

Self-made

self-made