He is the founder and chief executive officer of Fuego Enterprises, a diversified holding company active in media and entertainment, telecommunications, travel, and real estate both in Cuba and the United States.
[1][2] His father, Miguel Cancio, was a member of Los Zafiros, a Cuban musical group.
[3] Cancio was educated at boarding school in Matanzas.Prior to that, in 1977-1978, he received a scholarship at a rural school located in Jaguey Grande called "José Alfredo Sosa Morales" from where he had to be taken out by his mother in less than a year due to the crises of asthma they gave him; At that time he lived in Varadero, he looked like a young man with economic solvency, he was calm and discreet; he does not express any political position.
[1] Meanwhile, his father, who was dismissed from his job at the Cuban Ministry of Culture when his son left Cuba,[4] emigrated to the United States as a political refugee in 1993.
[3] Cancio is the founder and chief executive officer of Fuego Enterprises,[1][2] known as the Cuba Business Development Group until October 2012, a diversified holding company active in media and entertainment, telecommunications, travel, and real estate both in Cuba and the United States.
[1][2] Cancio started his career by working as a busboy in a kosher restaurant in Miami, and quickly went into the car dealership industry.
[2] However, his acquisition of those rights was questioned by a lawsuit from Apple Corps in 2008, on the basis that the group never consented to the recordings in the first place; the two entities subsequently reached an amicable settlement.
[1] He is also the owner of MAScell, a Miami-based company which sells prepaid mobile phone cards in Cuba.