Key facts
- Alfonso "Alfy" Fanjul Jr., a prominent Cuban-born American businessman, died on August 3, 2026, at age 89.
- He was a key figure in the family's sugar and real estate empire, which includes Domino Sugar, the world's largest cane sugar refiner.
- Fanjul held Spanish and American passports and was a close friend of abdicated-King Juan Carlos.
- He became chairman of the family holding company, Flo-Sun Land Corporation, in 1982.
- He was married to Raysa Herrera and previously to Tina Fanjul, with whom he had two children.
Alfonso "Alfy" Fanjul Jr., a Cuban-born American billionaire businessman and a central figure in a vast sugar and real estate empire, died on August 3, 2026, in Palm Beach, Florida, at the age of 89. He was the eldest of the Fanjul brothers, whose family business is valued at $8.2 billion and includes Domino Sugar, recognized as the world's largest cane sugar refiner.
Born in Havana, Cuba, on September 8, 1936, Fanjul held bachelor's degrees from Fordham University. He assumed the role of chairman of Flo-Sun Land Corporation, the family's holding company, in 1982 following his father's death. Fanjul also held Spanish and American passports and was known to be a close friend of the abdicated King Juan Carlos of Spain.
Fanjul was married to Raysa Herrera, and previously to Tina Fanjul (née de los Reyes), a real estate agent with whom he had two daughters, Crista and Lillian. Lillian is married to Luis Fernandez, co-president of American Sugar Refining. His stepdaughter from his marriage to Raysa Herrera is Raissa Enis.
He faced criticism for his political donations, particularly to the Democratic Party, which some suggested were aimed at securing continued government price supports for sugar, a key benefit to his family's company, Domino Sugar. Despite this, he and his brother reportedly held fundraisers for both Donald Trump and Hillary Clinton during the 2016 presidential campaign.