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Adriana Cisneros, CEO of the Cisneros Group, has made a significant investment in AST SpaceMobile Inc., a company that aims to provide space-based broadband cellular network services to rural areas using satellite technology. Despite AST’s recent decline in value, Cisneros believes that her investment will pay off. The company has launched its first satellite and signed deals with leading telecommunications companies.

Cisneros comes from a powerful family in Latin America, with her grandfather founding a material-transport business that eventually grew into a major holding company. Her father expanded the family business into the media industry, producing and broadcasting television shows and organizing events such as the Miss Venezuela beauty pageant. Concerned about political turmoil in Venezuela, the family relocated to Miami, where they continued to build their business empire.

As the CEO of the Cisneros Group, Adriana Cisneros has continued the family tradition of identifying trends and industries to invest in. She recently sold a digital ad sales business and used the proceeds to invest in a tech startup in Uruguay. Cisneros is also a board member of AST, the Electric Factory, and Mattel Inc.

One of the major projects that the Cisneros Group is developing is a 0 million real estate project in the Dominican Republic called Tropicalia. The project includes a five-star hotel, private residences, and a golf course. Construction is underway, but it may take up to 50 years to fully develop the land.

Cisneros is also focused on expanding the Miss Venezuela brand. She plans to launch a Venevision super app that will provide content about the contestants and allow Venezuelans living abroad to feel connected with their home country.

Despite not disclosing financial information, the Cisneros Group has around 800 employees and offices in several locations. With her continued strategic investments and entrepreneurial spirit, Adriana Cisneros aims to ensure the success and growth of the family business for years to come.

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