Lorenzo Sanz Biography

March 23, 2020
First published on:March 23, 2020
by John Max

Facts of Lorenzo Sanz

Birth Name Lorenzo Sanz Mancebo
Birth Place Madrid, Spain
Famous Name Lorenzo Sanz
Net Worth $5 Million
Nationality Spanish
Profession Businessman
Married to María Luz Durán Muñoz m. ?–2020
Children Four

Lorenzo Sanz was a Spanish businessperson who was the president of the Spanish football club, Real Madrid, and owner of Malaga. During his youth, he played for several minor Madrilenian league teams, including Puerta Bonita. However, he did not go professional with playing instead found success as an astute businessman and made his fortune in real estate and construction.

Born on 9 August 1943, Lorenzo Sanz was a native of Madrid, Spain. On 21 March 2020, Sanz took his last breath after suffering from COVID-19. 

Lorenzo Sanz Net Worth As of 2020

Lorenzo Sanz's net worth at the time of his death was calculated over $5 million. Not to mention, he built his wealth portfolio in real estate and construction. He was at the head of the Costa del Sol club before selling to Qatari owners in 2010, for a sum of €50 million.

Lorenzo's net worth at the time of his death was calculated $5 Million SOURCE: The Irish Times

Back in mid-2005 to early 2006, Sanz was negotiating with Italian club Parma in Amministrazione Straordinaria to become the club's new owner, who was asked for €27.5 million. Sanz had seemed the most potential buyer of the club in August 2005 after making an initial payment of €7.5 million ($9.07 million) on the full price of €27.5 million.

However, he failed to pay the outstanding €20 million. Because of his withdrawal from the deal, the rest of the sum of €20.5 million, Lorenzo Sanz Senior and Lorenzo Sanz Junior lost much of their credibility.

Lorenzo Sanz Survived by his Wife and Five Children

Lorenzo was married to María Luz Durán Muñoz until his death. The couple shared five children: Lorenzo, Paco, Fernando, María Luz (Malula), and Diana.

Lorenzo Sanz with his sons Lorenz.o and Paco and his wi SOURCE: Goals News

Among five, the eldest, Lorenzo, opted for basketball to develop his professional career. After spending two seasons with the Lafayette Leopards, he went to Las Rozas basketball club and spent two seasons at Real Madrid. After a modest basketball career, he retired in 1999. 

Cause Of Death: COVID-19

Sanz, 76, was taken to hospital on Tuesday, with newspaper El Mundo saying he had been suffering from the novel coronavirus. His son said he had a respiratory disease. Sanz died on the evening of 21 March 2020 at the age of 76.

Here is a list of athletes and sports personalities tested positive with COVID-19.

Early Life

Born as one of ten sons, Sanz's father was the guardian of El Retiro Park. Lorenzo dedicated himself to being an errand boy in a hairdressing salon and selling water in the vicinity of the white club stadium with his grandmother from his young age.

Later the family relocated to Carabanchel, where he started as goalkeeper in several regional third teams such as Puerta Bonita.

From Wallpaper Company to Real Madrid

Lorenzo Sanz took his first steps in the business world with a wallpaper company. Further, he collaborated with several publishers as an advertising agent and in 1963, and he had already bought the furniture magazine and the printing press in which his twenties published it.

Passionate about the world of horses, he chaired the Association of owners of Racing Horses in 1982. Later six years, he headed the Society for the Promotion of Horse Breeding. After being in the field for some time, he started to acquire real estate and managed the Zarzuela racecourse and the Real Madrid cafeteria at a time when the club's president was Ramón Mendoza (from 1986 to 1995).

President's position at Real Madrid SOURCE: Browngh.com

At that time, Sanz became a vocal and later vice president until he became president in November 1995. He held the position for five years, conquering two Champions, an Intercontinental Cup and a Spanish Super Cup.

Stay Tuned With Playerswiki


Latest Page

Shilese Jones
Shilese Jones Shilese Jones Salary: How much does a gymnast earn annually? Shilese Jones Relationship Status: Who is her boyfriend?
Tom Izzo
Tom Izzo Tom Izzo Net worth: Contract details, Bonuses, and Annual Salary ; Tom Izzo's wife, Daughter and Adopted Son 
Alyssa Baumann
Alyssa Baumann Alyssa Baumann Net Worth: How much does she earn as a Gymnast? Alyssa Baumann Relationship status: who is she Dating?
Sean Payton
Sean Payton Sean Payton: Tested positive with COVID-19, Has an annual salary of $8.2 million, How much is his net worth? Know his married, wife, children, engagement, & fiancee
Roy Williams
Roy Williams Roy Williams: Has an annual salary of $2.3 million as a head coach for Carolina, how much is his net worth, Know his married life, wife, & Children
Jay Wright
Jay Wright Jay Wright: Has an annual salary of $4.4 million from the Villanova, How much is his net worth? Is he married?
Eduardo Camavinga
Eduardo Camavinga Eduardo Camavinga- Real Madrid Target; How much is his Salary in 2020? Eduardo Camavinga Transfer Fee, Clubs, Contract
Chris Mack
Chris Mack Chris Mack Net Worth: How much salary does he earn? Chris Mack Family: Wife and Children
Buzz Williams
Buzz Williams Buzz Williams: Has an annual salary of $3.8 million as head coach of Texas A&M, how much is his net worth? know his wife & children
John Calipari
John Calipari John Calipari University of Kentucky'e Head Coach Salary and Net worth 2020; Who is his Wife? John's Family, Children, House
Brandy Pearl
Brandy Pearl Bruce Pearl's wife Brandy Pearl; How is their Married Life? Bruce Pearl and Brandy Pearl's Family, Children, Properties, and Net worth
Deanne Rose
Deanne Rose Deanne Rose: How much she earns from Canadian national team? Know her net worth, Is she dating?