Venezuelan entrepreneur Abel Avellan is the wealthiest Hispanic immigrant in the U.S., according to a recent Forbes ranking [1].
The list highlights the growing economic power of the Latino community and the role of immigrant-led businesses in driving national wealth. By identifying high-net-worth individuals from this demographic, the report underscores how foreign-born entrepreneurs are scaling companies that compete on a global level.
Avellan, the founder and CEO of AST SpaceMobile, leads the Hispanic ranking with an estimated fortune of $5.7 billion [1]. Forbes said eight Latino entrepreneurs were in this specific category [1]. The broader ranking of the most influential and wealthiest immigrants in the U.S. includes 250 individuals [3].
Other notable figures in the overall immigrant wealth list include Jorge Pérez and Guillermo Rauch [3]. These figures represent a diverse array of industries, from real estate to technology, illustrating the breadth of immigrant contributions to the U.S. economy.
Data on the scale of immigrant wealth varies across reports. One analysis said 144 immigrant multimillionaires hold a combined $2.2 trillion [4]. This amount represents approximately one-quarter of the total wealth in the country [4].
Avellan's position at the top of the Hispanic list reflects the valuation of AST SpaceMobile, a company focused on satellite-to-smartphone connectivity. His success serves as a primary example of the intersection between immigrant ambition and the high-growth technology sector in the U.S.
“Abel Avellan encabeza el ranking hispano con una fortuna estimada en 5,700 millones de dólares.”
The concentration of wealth among a small number of immigrant entrepreneurs suggests that the U.S. remains a primary destination for global talent to scale high-valuation companies. The fact that immigrant multimillionaires hold a quarter of the nation's wealth indicates that immigration is not merely a labor source but a critical driver of capital formation and technological innovation in the American economy.
