Argentina's richest man, Carlos Bulgheroni, dead at 71
BUENOS AIRES (Reuters) - Argentina's richest man according to Forbes, energy mogul Carlos Bulgheroni, died on Saturday in the United States, where he was hospitalized following a surgical procedure in June, his company said.
The 71-year-old Bulgheroni, along with his brother Alejandro, owned Pan American Energy, Argentina's second-biggest oil company, behind state-run YPF.
According to local media, Bulgheroni had been battling cancer for years.
Forbes estimated that Carlos and Alejandro Bulgheroni had a fortune of $4.8 billion, making them the 324th richest people on earth.
In July, Bulgheroni's Pan American Energy said it will invest $1.4 billion in exploring and producing Argentina's conventional and unconventional energy reserves.
(Reporting by Eliana Raszewski; Writing by Anthony Esposito; Editing by Dan Grebler)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Align Tech lifts annual sales forecast as teeth aligners power quarterly beat
- BHP planning potential buyout offer for Anglo American, says source
- Walmex posts 14% Q1 net profit jump on strong sales
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!