Alejandro Betancourt López Height, Age, Wife, Family, Biography

Some Lesser Known Facts About Alejandro Betancourt López

• Alejandro Betancourt López is from a well off family in Valencia, 100 miles from Caracas, Venezuela.

• His parents were employed in the music and jewellery designing industry, respectively. He was a student at the “Legionaries of Christ” run Instituto Cumbres de Caracas.

• He got his first multimillion dollar contract through a school friend, before the age of 30. Betancourt’s first job was with an energy company engaged in the exploration, production and trade of oil and its derivatives in the United States, Europe, Middle East, South America and Africa.

• He was in charge of business management in Latin America there.

• He then joined Guruceaga Group, a firm involved in the export and import of goods, finance, real estate and farm produce as a manager of new business.

• Furthermore, he worked in the BGB Energy group, which was a joint venture with GESCA GAS ( Venezuela ), on behalf of Kawasaki Heavy Industries.

• Betancourt started Derwick Associates Corp in the energy field in 2003, with Pedro Trebbau López. He opened sister companies of the same name in Panama, the USA, Spain and Barbados as well.

• In 2007, he was working as the Latin America representative of Gazprombank.

• During the power fail in Venezuela in 2009 and 2010, Derwick supplied the turbines to thermoelectric power plants trying to alleviate the situation.

• Five of them were provided by Electricidad de Caracas, five by Bariven, a division of Petroleos de Venezuela SA and one by Corporación Venezolana de Guayana.

• Betancourt and his investment partners Francisco Convit and Pedro Trebbau set up Derwick Oil and Gas Corporation in Barbados in 2011.

• This company, with Gazprombank Global Resources, a Russian bank subsidiary, was incorporated as Gazprombank Latin America Ventures BV in the Netherlands.

• The group also got its bearings in the Zulia state’s oil fields as part of the contract, which was granted by Petrozamora, a joint venture between the Venezuelan Petroleum Corporation, which held 60 percent, and Gazprombank Latin America Ventures, which held the 40 percent stake.

• On 25 August 2012, Betancourt bought a 1,600 hectare hunting estate in Toledo, Spain at auction for over 22 million euros.

• This estate was originally in the 10th century Andalusian castle, and was previously owned by convicted former owner of the Marsans Group Gerardo Díaz Ferrán.

• Betancourt’s investment firm, O’Hara Administration, had the largest stake in Pacific Exploration and Production Corporation, with 19.5 percent of the stock during May 2015.

• In June 2015, BDK Financial Group, of which Betancourt is a primary shareholder, opened the headquarters of Banque de Dakar in Senegal with the ambition of providing banking services throughout French speaking Africa.

• By the end of August 2015, O’Hara’s stake in Pacific had increased to 19.95 percent and Betancourt was named a director of Pacific, openly talking about plans for the company’s expansion in new markets.

• Banque de Dakar appointed in March 2016 its new president Alfredo Sáenz Abad from BDK Financial Group.

• The offer that never materialized with ALFA, Mexico, resulted in the loss of 70% of Betancourt’s investment and his followers.

• Betancourt is joined at O’Hara Administration by Orlando J Alvarado who is also director and portfolio manager.

• In October 2017 Betancourt spearheaded a €50m seed investment round into Hawkers, a sunglasses brand based in Spain, at the time the largest ever in Spain.

• He was elected president of Hawkers one month later in November 2017. He started opening up real brick and mortar shops for Hawkers in 2018 and by 2025, the number of stores passed the 60 mark.

• He continues to be the main shareholder of Hawkers and has guided its growth plans and adaptation to the economic crisis in Spain.

• As President of Saldum Ventures SL, his parent company with which he has invested 70 million euros in the startup, he has been involved in the development of the business.

• He has invested a total of 70 million euros in the startup, as President of Saldum Ventures SL.

• Betancourt is said to have been involved in discussions in 2019 to link the Venezuelan opposition to the high-levels of the military for a peaceful transition as the US declared Nicolás Maduro illegitimate and recognised Juan Guaidó as the country’s interim president.

• He even went to Moscow to personally deliver a letter from the camp of Guaidó requesting Russia not to support Maduro.

• Unfortunately, this quest was unsuccessful, and Betancourt fell into disrepute with the Maduro government that expropriated his land and property at the company, Petrozamora, and took his assets to Venezuela where they were frozen.

• Betancourt was invited by then vice president of Venezuela, Delcy Rodríguez, to return to Caracas for a private meeting in 2023, where the former would be able to resume his public presence but on the condition of withdrawing himself from any form of political activity and dedicating himself to his businesses under security guarantees.

• This offer was readily accepted by Betancourt and his business, North American Blue Energy Partners (NABEP), was established following this meeting.

• The US special forces captured Maduro and his wife Cilia Flores on 3 January 2026.

• According to the report, Betancourt calmed Rodríguez down at that night, in the event that the first impression was that Maduro had been killed.

• A number of her participants succeeded in persuading her to meet with U.S. Secretary of State Marco Rubio about taking over Venezuela, and high-ranking U.S. officials indicated that Betancourt would be the one to meet with for the resumption of the oil industry in the near future.

• During this time, over the course of two years NABEP has increased its production from 18,000 bpd to almost 200,000 bpd, and has become a major mediator between the United States and Venezuela for the restart of oil production.

• In August 2026, resources of the company that he carried on business with in Venezuela have been frozen by the U.S. Treasury Department for Florida oil businessman Harry Sargeant III.

• Sargeant reportedly was a minority shareholder in NABEP, and has been selling off his stake to one run by Betancourt which now has a 100 percent stake in a company pumping about 200,000 b/d.

• On 28 August 2026, President Donald Trump announced a deal to give the U.S. a controlling stake in a joint venture that will have NABEP as its leading private partner, plus long-term contracts for a percentage of Venezuela’s oil reserves.

• In this arrangement, the Office of Strategic Capital (DOD) of the U.S. Department of Defense (DoD) funds the development of 17 oil fields, which NABEP does.

• The US would get 55 percent of the joint venture’s output and a warrant to buy shares in NABEP or a related company, the State Department said.

• It’s owned by Betancourt’s family, registered in Barbados and is expected to owe up to 5 billion USD to reach 1m bpd in 5 years time.

• NABEP’s lands have been donated to NABEP by Petrozamora; more lands have been purchased over the years.

• Over the years, Betancourt has been investigated for money laundering in Switzerland and Spain and accused of corruption in connection to Derwick’s contracts in Venezuela, but has never been charged in the U.S. and denies any wrongdoing.

• Betancourt is also the descendant of the former president of the Venezuela, Hermógenes López.

• He owns over 2.6 million euros in area overlooking the Puerta de Alcalá in Madrid apartments.