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Cuban Sugar Magnate Fled Castro, Built Empire, Dies at 89
5 Aug
Summary
- Alfonso Fanjul Jr. passed away at 89 in South Florida.
- He rebuilt a sugar empire after fleeing Cuba's revolution.
- His family announced his death on Monday, with no cause given.
Alfonso Fanjul Jr., a prominent figure who escaped Cuba's communist revolution to establish one of the world's largest sugar businesses, has died at 89. Known as Alfy, his passing was confirmed by his family on Monday in South Florida. The cause of death was not immediately released.
Born into a family of sugarcane growers in Cuba, Fanjul's life took a dramatic turn with Fidel Castro's rise to power. He and his family ultimately fled the island, losing their extensive holdings.
In the United States, Fanjul, alongside his brother Roberto, meticulously rebuilt their sugar empire. Their ventures grew to encompass vast agricultural lands and processing facilities, significantly impacting the global sugar market and establishing them as major players in the industry.
