Billionaire Eduardo Eurnekian promises continued investments in Armenia

Billionaire Eduardo Eurnekian promises continued investments in Armenia – 

Eduardo Eurnekian on Forbes Lists

#1006 Billionaires (2015)

#2 in Argentina

#931 in 2014

• Net Worth As of 5/24/15
• $1.91 Billion

Age

82

Source Of Wealth

airports, investments, Self Made

Residence

Buenos Aires, Argentina

Citizenship

Argentina

Marital Status

Single

Eduardo Eurnekian

Eduardo Eurnekian, the son of Armenian immigrants, first delved into the textiles industry, and then the cable TV business in the 1980s. He added to his media portfolio, buying radio stations, newspapers, and a TV channel by the end of 1980s. In the 1990s he offloaded all of his media holdings, netting $750 million with the sale of Cablevision, as a wave of privatization brought capital into Argentina. In the late the end 1990s, he led a consortium that secured a 30-year concession to build and operate Argentina’s airports. 

Today he and partners have a portfolio of more than 50 airports in multiple countries with annual revenues of approximately $2 billion, including the first privately operated airports in Brazil. After Argentina’s economic crash in 2001, he bought assets through his Corporacion America, a holding company that owns more than 260,000 acres of land dedicated to crops, cattle, and vineyards. It also owns an infrastructure development company, a chip factory called Unitech Blue, a biodiesel production facility, and land in Armenia used for fruit production and wine. 

He has never married and has no children. Martin and Hugo Eurnekian, sons of his deceased brother Alberto, work with him.