: During the late 19th and early 20th centuries, El Salvador functioned as a coffee republic . These families held nearly all the nation's wealth and land, which they used to exert significant political influence.
Modern analysts argue that the "14 Families" have evolved into roughly 8 major financial conglomerates that dominate the economy today. Key Modern Groups: Grupo Poma: Massive interests in automotive, real estate, and hotels. Grupo de Sola: Diversified across various industrial sectors. Grupo Agrisal: Major players in commercial real estate and hospitality. Financial Entities: Groups associated with major banks like Cuscatlán Banagrícola The Current Landscape 14 richest families in el salvador