In October of 2011, Andres Santo Domingo’s father Julio Mario Santo Domingo died at his home in New York City. As reported by Forbes, Julio died at age 87 and his death was reported by Columbian TV broadcaster Caracol, which is owned by the Santo Domingo family conglomerate.
According to Forbes, the elder Santo Domingo was one of the richest men in the world with a fortune worth approximately $8.5 billion and stemming mostly from his 15% stake in SABMiller, a beer brewing company. In 2005, SABMiller bought Santo Domingo’s brewer Bavaria. Julio Mario Santo Domingo had fingers in many different business pies, with stakes in the aforementioned broadcaster Caracol, packing maker Biofilm, forestry firm Refocosta, and almost a hundred other companies in Columbia and throughout the world. He was, in fact, the second richest man in all of Columbia.
The elder Santo Domingo died in the city where he had lived for decades, residing primarily in an apartment building at 740 Park Avenue in Manhattan. That is the same building known for housing the Rockefellers, Guggenheims, and Vanderbilts once upon a time.
Julio Mario Santo Domingo was survived by his second wife, Beatrice Davilia and his two sons Alejandro and Andres Santo Domingo, as well as several grandchildren.