Alejandro Betancourt: chairman and the CEO of Derwick Associates

Alejandro Betancourt is a businessman who is the chairman and the CEO of Derwick Associates. Alejandro is also the CEO of DLA, a company that he founded. The richest person in Venezuela, Alejandro, has a net worth of $3 billion. Alejandro Betancourt was born on September 12th, 1957, in Caracas and was raised in an upper-class family with his mother, father, and one sibling. From a very young age, he spent his time attending private schools for children from wealthy families; this included Sciences Comte Polytechnic School (where he would have been one of the only people who attended public school at the time).

Alejandro’s father owned Derwick Associates Inc., which was founded in 1964. The company has changed from being a firm selling electric equipment to specializing in engineering, construction, and oil services. By the age of fourteen, Alejandro Betancourt was appointed as the executive vice president of Derwick Associates Inc. At twenty-four, he was named chairman of this company and has since been in charge. The company is currently highly successful and provides service to many world-known companies such as Schlumberger Limited, Halliburton Company, Baker Hughes Incorporated, and Weatherford International Plc, among others. Betancourt studied accounting at the University of Missouri to continue his education and graduated in 1978. He went on to receive an MPA from Harvard University.

As a young man, Betancourt worked for his family’s business and managed the construction of many buildings, which included the Metropolitan Theatre in Caracas and numerous other large building complexes and Dubai Mall. In 1980 he was appointed as director of construction for Schlumberger Limited. He eventually climbed to become the executive vice president of this company. Alejandro Betancourt began his career in the construction industry with Derwick Associates Inc., but his career as a businessman did not begin until he founded DLA in 1991 with 29 other investors.