Venezuelan magnate Gustavo Cisneros dead at 78

FILE PHOTO: Gustavo Cisneros, Chairman of Grupo Cisneros, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 10, 2019. REUTERS/Brendan McDermid/File Photo

(Reuters) - Cisneros on Friday announced the death of its chairman, Gustavo Cisneros Rendiles, who was aged 78. It did not provide further details.

The Venezuelan media mogul had expanded his family business into a global player, remaining chairman until his death.