Billionaire Profile
Eduardo Eurnekian
Global Rank
#935

Image: Mpkstroff84 | CC BY-SA 4.0 | via Wikimedia Commons

Eduardo Eurnekian

CEO, Airports
ARGENTINA
Real-Time Net Worth
$4.476B
Estimated based on Airports stock value as of March 6, 2026
-1.87% (24h)
Age
93
Source
Airports, investments
Industry
Diversified
Citizenship
ARGENTINA

Biography

Eduardo Eurnekian, born in Buenos Aires, Argentina, on December 4, 1932, is a prominent Argentine businessman of Armenian heritage. With a current net worth of $3.4 billion, he is a leading figure in Argentina's business landscape. His wealth stems primarily from his investments in airports and other diversified holdings. Eurnekian's career began in the textile industry before he ventured into cable television in the 1980s. He is best known for leading Corporación América, a holding company with significant interests in various sectors. Throughout his career, Eurnekian has been recognized for his entrepreneurial spirit, strategic investments, and philanthropy.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Eduardo Eurnekian was born in Buenos Aires, Argentina, on December 4, 1932, to Armenian immigrant parents. His family established a textile business, which provided a foundation for his future career. The family's textile business thrived, becoming a key supplier to Puma.

Rise to Success

Eurnekian began his career in the textile industry before moving into the cable TV business in the 1980s. In 1988, he acquired Cablevisión S.A., a local cable TV station, and built it up. He sold his stake in Cablevision for $750 million in the 1990s. Following the economic crisis in Argentina in 2001, Eurnekian purchased assets through Corporación América. In the 1990s, he secured a 30-year concession for building and operating airports in Argentina.

Key Business Strategies

Eurnekian's key business strategy has been diversification and strategic investments. He expanded his holdings by winning a key concession to operate 33 Argentine airports. He is also known for identifying opportunities and adapting to changing economic conditions. Corporación América has thrived on its versatility, successfully developing diverse enterprises in different markets, including Armenia, Italy, and Australia.

Philanthropy

Eurnekian has supported various educational and cultural initiatives. He is known for his philanthropic efforts and has made significant contributions to various charitable causes. He serves as Chairman of the International Raoul Wallenberg Foundation.

Career Milestones

1988

Acquired Cablevisión S.A.

Purchased a failing local cable TV station, which he later developed into a major operator.

1990s

Sold Cablevision

Sold Cablevision for $750 million.

1998

Aeropuertos Argentina 2000

Won a 30-year concession to run 33 of Argentina's main airports.

2017

National Hero of Armenia

Named National Hero of Armenia for his service to the development and prosperity of Armenia.

2020

Honorary Officer of the Order of the British Empire (OBE)

Appointed for contributions to UK-Argentina relations.

Philanthropy & Social Impact

Agricultural Development

Fruitful Armenia Charitable Foundation

Not available

Supports the advancement of agriculture in Armenia.

Humanitarian Causes

Raoul Wallenberg Foundation

Not available

Dedicated to preventing genocide through education and public awareness.

Healthcare

Hospital 'Alberto Andranik Eurnekian'

$0.36

Committed to donate a lifetime donation of $30,000 per month to the hospital.

Business Philosophy & Leadership

Notable Quotes

"If you work to make money, you're screwed. You don't work to make money. An artist doesn't paint to make money. And a good businessman is like an artist."

Leadership Principles

Innovation

Continuously seeking new projects and ideas to stay motivated and succeed.

Adaptability

Adapting to changing economic conditions and identifying opportunities.

Controversies & Challenges

2001

Airport Concessions

The consortium led by Eurnekian's Corporación América faced criticism regarding airport concessions, which was a topic of debate.