Agustin Herran Net Worth (Sedano’s Supermarkets)

Agustin Herran is a successful entrepreneur and real estate developer known for his smart leadership and significant impact on business. Starting small, he grew his business from one store to managing 30 supermarkets, showcasing his strong business skills.

As of 2024, Herran’s net worth is $60 million, reflecting his journey of determination and success. He founded General Real Estate, a major partaker in real estate, and played a vital role in making Sedano’s Supermarkets a top Hispanic retailer in the U.S.

His influence extends into technology and finance, solidifying his reputation as a key figure in today’s business world. Scroll down the article to read the inspirational successful journey of Agustin Herran.

Early Life and Education

Agustin Herran was born on May 12, 1969, in Havana, Cuba. He grew up in a family that appreciated entrepreneurship. His father’s name is Manuel Herran and his mother’s name is Nyria. Agustin has a younger brother named Magaly Santana.

His parents instilled in him the values of hard work and resilience. They immigrated to Miami, Florida, in 1980, where his father started a real estate business and his mother opened a successful boutique. Agustin began his education at home, excelling through high school and pursuing a degree in Business Administration.

Agustin Herran

Balancing his studies with work, he gained valuable skills in investment strategies and venture capital. Raised in the United States, Agustin demonstrated an early interest in business and finance. His academic background in Business Administration gave him the essential tools for his professional endeavors.

Early in his career, Herran gained valuable experience in investment strategies and venture capital while working in various financial institutions.

Here are the details of Agustin Herran’s career and achievements.

Attributes Details
Real NameAgustin Herran
BirthdateMay 12, 1969
EducationStudied Business Administration
NationalityAmerican
Age55 years old
Marital StatusUnmarried
Career CEO of Sedano’s Supermarkets
ProfessionBusinessman
Current Residence6450 SW 126th Street Rd, Miami, FL
Net Worth$60 million

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Manuel Herran Sedano’s Supermarkets Pioneer

Manuel Herran, the father of Agustin Herran, was an immigrant from Spain who passed away at the age of 83 due to complications from diabetes, as reported by the Miami Herald. In the 1960s, he helped manage a small store in South Florida that was purchased from Rene Sedano.

Agustin Herran net worth

Sedano’s Supermarkets

Sedano’s Supermarkets, launched in Hialeah, Florida in 1962, started small but grew under the supervision of Armando Guerra and later Manuel Herran. In 1971, Manuel Herran took over, bringing his sales expertise and vision for growth to Miami.

Operating 35 stores across Florida in Miami-Dade, Broward, Orange, and Osceola counties, Sedano’s is renowned for its extensive Hispanic food offerings and community-focused approach. The chain expanded under the leadership of Manuel Herran and his family, who took over in 1979. Today, Agustin Herran is the CEO of Sedano’s Supermarkets.

Under Agustin Herran’s guidance, Sedano’s has not only maintained its role as a top Hispanic retailer in the U.S. but has also expanded significantly. The supermarket chain opened a new store in 2009 and ventured into the Orlando market with three new stores in 2010, aiming to reach more customers and communities.

Today, Sedano’s Supermarkets, a key member of the Associated Grocers of Florida, is a testament to its founders’ enduring legacy and Agustin Herran’s strategic leadership. Herran’s journey from real estate to retail exemplifies his commitment to innovation and success in the competitive retail industry.

Sedano’s Supermarkets

Social Profiles of Sedano’s Supermarkets

Sedano’s Supermarket has 48,000 followers on Facebook and 16.4k followers on Instagram, and their YouTube channel was created on October 13, 2015, with 1,450 subscribers so far.

Sedano’s features onsite bakeries, kitchens producing Hispanic delicacies, and a robust private label line. In recent years, Sedano’s has embraced grocery automation, online shopping, and partnerships like Shipt for expanded delivery options.

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Agustin Herran Net Worth

Agustin Herran’s net worth reached $60 million by 2024 through various investments that offered multiple income streams and minimized risk. His success in retail and real estate, driven by strong leadership, significantly boosted his financial standing. Herran’s ventures include acquiring Sedano’s by GREC HOMES IX for $17.1 million in 2005, contributing to his net worth reaching $60 million.

Income Sources

Agustin Herran earns most of his income from a variety of investments and entrepreneurial ventures in real estate, retail, and technology. He is the founder of General Real Estate, through which he earns money from property investments, development projects, and rental income from commercial and residential properties.

In addition, his involvement in Sedano’s Supermarkets contributes significantly to his earnings, as he oversees operations and strategic expansions in the Hispanic retail market. Furthermore, Herran’s leadership at Herran Ventures involves strategic investments in high-growth areas such as technology startups and fintech, providing him with dividends and capital gains.

Overall, these income sources showcase Herran’s strong business acumen and diversified approach to accumulating wealth in dynamic market sectors.

Agustin Herran Personal Profile

Agustin Herran lives at 6450 SW 126th Street Rd, Miami, FL, 33156. He can be reached via email at aherran@yahoo.com or by phone at 305-262-6533. Agustin Herran is 55 years old as of 2024. He is not married yet.

Future Prospectus

In the foreseeable future, Agustin Herran’s net worth is balanced to increase for several reasons. At Herran Ventures, he strategically focuses on innovative technologies such as artificial intelligence and blockchain, which offer significant potential for future success.

Future Prospectus of Agustin Herran

Diversifying into new markets and sectors is another key strategy that is expected to generate higher returns and strengthen his financial position. Positive trends in technology and finance, alongside a stable economic environment, are also likely to boost Herran’s ventures and investments.

As the founder of General Real Estate and a key figure in the growth of Sedano’s Supermarkets, Herran’s visionary leadership has driven these organizations to success. His strategic approach highlights innovation and boundary-pushing, showcasing his entrepreneurial skills and leaving a lasting mark on both industries.

FAQs:

Who is Agustin Herran?

Agustin Herran is a successful entrepreneur and real estate developer known for his leadership in business, particularly in retail and real estate sectors.

What are Agustin Herran’s educational and early career backgrounds?

Agustin Herran studied Business Administration and gained experience in venture capital early in his career.

What is Agustin Herran’s role in Sedano’s Supermarkets?

Agustin Herran is the CEO of Sedano’s Supermarkets, where he has played a pivotal role in expanding the chain’s presence and maintaining its status as a top Hispanic retailer in the U.S.

What is General Real Estate, and how is Agustin Herran involved?

Agustin Herran is the founder of General Real Estate, which engages in property investments, development projects, and management of commercial and residential properties.

How did Agustin Herran acquire Sedano’s Supermarkets?

Agustin Herran’s GREC HOMES IX acquired Sedano’s Supermarkets for $17.1 million in 2005, marking a significant investment in the retail sector.

What is Agustin Herran’s personal life like?

As of 2024, Agustin Herran lives in Miami, Florida. He is unmarried and maintains a low profile outside of his professional endeavors.

What is Agustin Herran’s approach to leadership?

Agustin Herran’s leadership is characterized by strategic vision, innovation, and a commitment to growth, evident in his businesses’ trajectories.

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