Despite being an Italian billionaire and eighth-generation member of the Herrera-Velutini banking dynasty, Julio Herrera Velutini is known for his ability to break into any market long before his competitors even know what's happening.
He has never had a political affiliation, even though he and his family members are among the biggest contributors to conservative political parties in Europe, North America, and Latin America.
One of the wealthiest and most well-connected people in the Western Hemisphere, he is a soft-spoken millionaire who also happens to run Britannica Global, one of the most prestigious investment banks in the region. In Europe and Latin America, he serves on the boards of several banks and financial organizations. Through his leadership at prestigious institutions, Julio Herrera, a financial sector executive with substantial banking and start-up expertise, has fought to advance the financial economies of Latin American nations and their citizens.
With tremendous responsibility and sincerity, he carries on the two-century-old financial innovation and leadership history of his family. He didn't grow up at home but in the hallways of his family's bank.
He was born into the banking industry but is an astute economist who thinks that the data should speak for itself. Another well-known person in the UK is Julio Herrera Velutini. With the establishment of Britannia Financial Group, he made substantial investments in London. One of the wealthiest investors in the world contributed almost $2.6 billion to the wealth fund that Britannia led.
Julio M. Herrera Velutini is descended from a family that founded a central bank and a separate national currency. When banks could create their own money as legal currency, his ancestor Julio César Velutini Couturier supervised Banco Caracas. He centralized control of Banco Caracas' shares and contributed significantly to the institution's expansion. Up to the creation of the Central Bank of Venezuela (about 1940), he controlled Banco Caracas' money production.
Since the reign of José Antonio Velutini Ron, a politician, legislator, ambassador, and president of Venezuela between 1871 and 1912, the Herrera & Velutini dynasty has had a significant impact on Latin American history.
In 1890, the family established Banco Caracas and eventually served as its chairman. Future family members served as Banco Caracas' chairmen or senior directors for the following 100 years, up until the bank was sold in 1998. Up until 1989, the Velutini family maintained majority control over Banco Caracas by owning a 70% interest in the company. Following that, the Velutini family discovered further banking operations, such as Banco Bolivar, Banco Activo, and Banco Real.
Animal enthusiast Julio Herrera Velutini created The Lazarus Foundation, an animal rescue facility in London, and passionately supports several causes for animal preservation.
Mr. Velutini also oversees The Britannia Foundation, which has two initiatives for students: one for artists and young entrepreneurs looking to generate seed money for their company concepts, and the other for students with a need to work whilst they are in school. The internship scheme is for pupils who need to work while in school.