Carlos and Alejandro Bulgheroni Net Worth

Carlos and Alejandro Bulgheroni are Argentinian billionaire brothers with a combined net worth of $6 billion. This impressive wealth makes them the richest individuals in Argentina.

Early Life and Family Business

Born in Buenos Aires, Argentina, Carlos and Alejandro grew up in a family entrenched in the oil and gas industry. Their father founded Bridas Corporation in 1948, a company that would lay the foundation for the brothers' future success.

Leadership and Expansion

After taking over as Chairman and CEO, Carlos and Alejandro expanded Bridas Corporation significantly. Today, it stands as the second-largest fossil fuel producer in Argentina. The company is involved in exploration and development in both South America and Asia.

Attempt for Trans-Afghanistan Pipeline

In the late 1990s, Bridas Corporation attempted to construct a Trans-Afghanistan pipeline. Unfortunately, the venture was halted due to the U.S. invasion of Afghanistan in 2001.

Partnership with China National Overseas Oil Co.

In 2010, China National Overseas Oil Co. acquired a 50% stake in Bridas Corporation. This partnership has helped Bridas strengthen its position in the global energy market. Bridas also owns 20% of PanAmerican Energy, which includes the operations of ExxonMobil in Argentina.