: While the historical "14 Families" label is less literal today, powerful business groups still influence the region. For example, Roberto Kriete Ávila , a major shareholder of Avianca, is often cited as one of the most powerful and wealthiest businessmen in contemporary El Salvador. Common Surnames Associated with the Oligarchy
The Romero family is a wealthy family in El Salvador, with a fortune made in the transportation and logistics industries. Their company, Grupo Romero, is one of the largest transportation companies in the country. The family's net worth is estimated to be over $600 million. 14 richest families in el salvador
While the exact number of families has fluctuated over time, this group formed an elite class that controlled the country's land and wealth, particularly during the "Coffee Republic" era (1871–1927). Key Facts About the 14 Families : While the historical "14 Families" label is
The Hill family (originally Lebanese-Salvadoran) owns , the parent company of brands like RadioShack, Unicomer, and many furniture chains across Latin America. While they are headquartered in El Salvador, they operate globally. Their wealth is defensive; they sell necessities (stoves, fridges, phones) on credit, making them resistant to recessions. Their company, Grupo Romero, is one of the