The cigars of the brand El Rey del Mundo were created by Emilio Ohmstedt in 1848, at the same time as Sancho Panza. The brand was very small at that time. In 1870, when Mr. Ohmstedt died, the brand was transferred to Mr. Antonio Allones, who had immigrated to Havana and was working in the tobacco industry.
El Rey del Mundo The name of the company means "The King of the World". From the beginning, Antonio Allones decided that this brand should be one of the highest representatives of Cuban know-how, and for this reason he used one of the best tobaccos of the Vuelta Abajo. In 1905, the company was transferred to Diaz Hermanos y Cia in possession of Candido Vega Diaz, who would later rename it Rey del Mundo Cigar Company in the late 1930s.

In the 1940s, the factory was located at 852 Padre Valera Street in Havana. It also owned other brands such as Flor de Rafael Gonzales, Sancho Panza and the famous Don Candido (owned by Candido Vega Diaz).

In the fifties, El Rey del Mundo cigars had already acquired a solid reputation. They were the most expensive cigars in the world at that time and were the preferred cigars of wealthy aficionados.

In the sixties and seventies, the El Rey del Mundo cigars kept their rank of great Cuban cigars. The brand was warmly recommended by Zino Davidoff himself in his book "The Cigar Connoisseur's Book" in 1967, saying that any cigar connoisseur should, as a matter of nobility, own a few boxes of this brand of cigars as well as the Rafael Gonzales.

Cigars El Rey del Mundo became less popular in the eighties in favor of stronger style cigars. Their export production hovers around 1% of the total export volume of Habanos S.A. in the years 2000 and 2001.