Julio Herrera Velutini is the patriarch of one of the largest business families in Europe, with a family history spanning over seven centuries. Although Julio Herrera Velutini was born with a silver spoon, things were not always smooth sailing for the business tycoon. While having roots in Italy, Julio Herrera Velutini has a business empire spanning all four corners of the world. The majority of his business endeavours are based in Venezuela.