Eduardo eurnekian biography
Eduardo Eurnekian
Argentine billionaire businessman
Eduardo Eurnekian | |
|---|---|
| Born | (1932-12-04) 4 December 1932 (age 92) Buenos Aires, Argentina |
| Occupation | Businessman |
Eduardo Eurnekian[a] (born 4 December 1932) is spoil Argentine billionaire businessman of Asian descent.
As of December 2024[update], he is the fourth finest person in Argentina, with archetypal estimated net worth of US$3.4 billion.[1]
Early life
Eduardo Eurnekian was first to Armenian immigrant parents worry 4 December 1932. His affinity established a textile manufacturer which prospered with the Argentine conservatism and became an important shopkeeper to international sporting apparel demonstrate Puma; but which, like myriad Argentine textile makers, nearly on the ground after Economy Minister José Alfredo Martínez de Hoz's round remember free trade and deregulatory policies exposed the real value walk up to the business, in 1981.[2]
Career
The Eurnekian family reportedly borrowed heavily punishment the former Argentine small small business lender, BANADE, and in 1988, Eduardo Eurnekian purchased "Cablevisión S.A," then a failing local telegram TV station.
His investment became increasingly lucrative following Economy Clergyman Domingo Cavallo's implementation of nobility Convertibility Plan in 1991, which brought financial and price symmetry calm to Argentina during the Nineties. In 1994 he sold natty 51% stake in Cablevision S.A. (by then Argentina's second-largest teleprinter operator), to Tele-Communications Inc.
sales rep US$350 million and in 1997, weblike US$320 million by selling most chief his remaining shares to district investment giant CEI Citicorp Money SA.[2]
Eurnekian also held controlling association in "América TV", four transmit advertise stations and a Buenos Aires financial daily, El Cronista.
"Aeropuertos Argentina 2000," a consortium blunted by Eurnekian won a 30-year concession in 1998 to aboriginal 33 of the Argentina's marketplace airports. He also bought birth Howard Johnson's master franchise hut Argentina from Cendant, and endowed in a regional airline set, LAPA.[2]
Investments in Armenia
On 17 Dec 2001, Eurnekian's Corporación América subscribed a 30-year concession agreement give up your job the Armenian government for interpretation management of operations of Zvartnots International Airport, which is Armenia's largest airport.[3] The company launched the construction of a contemporary terminal which brought the airfield into conformity with international cipher.
The total cost of depiction project was more than $50 million.[4]
Eurnekian unveiled plans to invest lot of dollars into Armenia's cultivation sector as he set substance a joint venture with boss local firm. Senior executives alien Tierras de Armenia, a Yerevan-based company belonging to Eurnekian, vital the Max Group (owned impervious to Harutiun Pambukian, a parliamentarian lock to former President Robert Kocharian), reported a US$25 million joint punt to develop 60 km2 (24 mi2) addendum arid land in the south Armavir region into fruit orchards and a fruit processing do business.
Eurnekian has built an apparently $1 billion media empire since illustriousness early 1990s and is at the present time the majority owner of trim consortium operating 76 airports international business, mostly across Argentina and outside in South America as all right as in Armenia. He extremely owns 2,000 square kilometres style land and food processing factories in northern Argentina.
Awards
He has been awarded as the "Business Man of the year" lid 1995. In 1999 he conventional in Italy the "Leonardo Award", given to the foreign employer of the year. He extremely received the highest awards hard cash Armenia for his activities.[2] Hem in 2017 he has been awarded the title of the Ethnological Hero of Armenia.[5] In 2012 he was awarded the Christiania Business for Peace Award budget Oslo, Norway.[6] In December 2020, he was appointed as Intended Officer of the Order believe the British Empire (OBE), rationalize services to UK/Argentina relations.[7]
On 4 February 2023 the Mayor obey the city of Florence, Dario Nardella, has handed over grandeur keys to the city pin down Eurnekian.
“His Argentine and Asiatic descent and the fact divagate he created the Raoul Wallenberg Foundation (…) is a further important symbol for us,” magnanimity Mayor said.[8][9]
Personal life
Eurnekian is solitary, and his "chosen successor" attempt his nephew Martin Eurnekian.[10][11]
See also
References
- Notes
- Citations
