Gustavo Cisneros Dies at 78

The Venezuelan media mogul Gustavo Cisneros Rendiles, chairman of the board of directors at Cisneros, has passed away at the age of 78.

Born in Caracas, Venezuela, on June 1, 1945, Cisneros Rendiles has served as the group’s board president since 1970.

A statement from the Cisneros company calls him “a visionary leader whose influence extended far beyond the confines of the business realm, noted for his strategic foresight and commitment to innovation.”

It continues: “Gustavo Cisneros was renowned for crafting a sustainable legacy and particularly distinguished himself through the international expansion of the family business ventures, as well as spearheading the entertainment industry across Latin America and the U.S. Hispanic market.

“Gustavo’s fervor for leadership and excellence also shone through in his personal life as a devoted father and husband. He was steadfast in guiding his family, instilling core values of respect and integrity. Together with his wife, Patricia Phelps de Cisneros, he forged a bond of deep understanding, mutual respect and unwavering support, striking a harmonious balance between his professional obligations and his profound love for his family.

“His exemplary leadership and dedication serve as a beacon of inspiration, urging us to pursue a path marked by excellence and a responsible engagement with our communities and the wider society.”