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The Full List of Billionaires In Argentina - Who Are The Richest People In Argentina?. Photo: KnowInsiders.com

Argentina, the third largest economy in Latin America, is rich in natural resources and wealth. It is distinguished by a distinct industrial base. Argentina's agricultural sector is concerned and export-oriented. However, due to severe recessions, the nation's economy has not been particularly vibrant.

How many billionaires does Argentina have?

Argentina ranks thirty-ninth in terms of billionaires, with only 5 billionaires. Argentina has a billionaire rate of 0.09, which is low in comparison to other countries.

Who are the richest people in Argentina?

With an estimated net worth of 5.4 billion US dollars, Marcos Galperin is Argentina's wealthiest person, followed by Gregorio Perez Companc (No. 2, $2.9 billion), Eduardo Eurnekian (No. 3, $2.0 billion), and Alejandro Bulgheroni (No. 4, $1.8 billion).

Eduardo Costantini of Argentina was the fifth richest person in the country, with a fortune of $1.2 billion.

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FULL LIST OF ARGENTINA'S BILLIONAIRES

1. Marcos Eduardo Galperin

Known for Co-founder of MercadoLibre

Title: Chairman, President & CEO of MercadoLibre

Marcos Eduardo Galperin (born October 31, 1971) is a billionaire Argentine businessman best known as the cofounder, Chairman, President, and CEO of MercadoLibre. He is Argentina's wealthiest person, with an estimated net worth of 5.4 billion dollars.

In August 1999, he founded MercadoLibre Inc. He worked at YPF SA, an oil company, in Buenos Aires, Argentina, where he directed the Capital Markets and Futures and Options area between 1994 and 1997, before founding it.

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2. Gregorio Pérez Companc

Age 87

Source Of Wealth: Oil & gas Industries Energy

Gregorio Perez Companc founded the energy conglomerate Perez Companc, which he sold to the Brazilian energy giant Petrobas in 2002 for $1 billion.

In December 2009, he stepped down from active business involvement and gave his children a 75% stake in food giant Molinos Rio de la Plata.

He and his wife, Maria del Carmen Sundblad Beccar Varela, had eight children.

After his eldest daughter, Margarita, died in a car accident in the 1980s, he established the Perez Companc foundation.

3. Eduardo Eurnekian

Age 90

Source of Wealth: Airports, investments, Self Made

Residence: Buenos Aires, Argentina

Eurnekian began his career in the textile industry as the son of Armenian immigrants to Argentina.

In the 1980s, he ventured into the cable television industry. In the 1990s, he made $750 million from the sale of Argentine television company Cablevision.

Eurnekian and his partners own more than 50 airports around the world through his Corporacion America, with reported revenues of more than $1.5 billion.

Corporacion America Airports went public on the New York Stock Exchange in February 2018, with his nephew, Martin Eurnekian, as CEO.

4. Alejandro Bulgheroni

Age 78

Source of Wealth: Oil & gas

Residence: Manantiales, Uruguay

Alexander Bulgheroni is the president of Pan American Energy (PAE) and one of Argentina's most powerful businessmen. He was named one of the most influential people in Latin America by the Bloomberg Forum and received the King of Spain's "Enrique V. Iglesias Award for Ibero-American Business Development" in 2018.

PAE, for its part, is a major energy company in Argentina and the region. Among other things, they explore for and produce oil and gas, refine and commercialize fuels, lubricants, and chemicals.

Bulgheroni and his late brother Carlos (d. September 2016) took over their father's Argentine energy company Bridas Corp. in 1985.

Bridas was founded in 1948 to supply parts for the national oil company's pipeline network. It is now known as BS Energy Investments.

In 2011, the Bulgheroni brothers sold a 50% stake in Bridas to China's state oil company, CNOOC, for $3.1 billion.

5. Eduardo Costantini

Eduardo Francisco Costantini (born September 17, 1946) is an Argentine businessman and real estate developer who founded and chairs the Museum of Latin American Art in Buenos Aires (MALBA).

Costantini lives in Buenos Aires with his seven children, three sons and four daughters. He divorced in 1994 and persuaded his ex-wife to let him keep his entire art collection.

He married Elina Fernandez, 30, in February 2020, at the age of 73.

Conclusion

Most of billionaires in Argentina are old. Four out of five billionaires are over 70 years old.

The richest - Marcos Eduardo Galperin - is the youngest (52 years old).

Although female business owners are dominating Argentina's economy, the country hasn't recorded any woman in the list of billionaires 2023.

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