Marcos Galperin

January 19, 2024
Chairman

Quick Facts

Marcos Galperin
Full Name Marcos Galperin
Date Of Birth Oct 31, 1971(1971-10-31)
Age 53
Birthplace Buenos Aires
Country Argentina
Horoscope Scorpio

Marcos Galperin Biography

Birthday Oct 31
Birth Year 1971

Marcos Galperin is one of the most popular and richest Chairman who was born on October 31, 1971 in Buenos Aires, Argentina.

Marcos Saul Galperín was born in Buenos Aires, Argentina, to a wealthy family, owners of SADESA, one of the largest leather companies in the world. He attended Saint Andrew’s Scots School in Olivos. In 1990, after graduating from high school, he traveled to the United States to study finance at The Wharton School of the University of Pennsylvania. There, he became friends with José Estenssoro, YPF president’s son. In 1994, he joined this company when he finished college and returned to Argentina.

In 1997, he returned to the United States and he enrolled at Stanford Graduate School of Business and in 1999 he earned his M.B.A.

Marcos Galperín (born October 31, 1971) is an Argentine businessman, who is best known as the co‑founder, Chairman, President and CEO of MercadoLibre.com.

Marcos Galperin Net Worth

Net Worth 3.4 billion USD (2020)
Source Of Income Chairman
House Living in own house.

Net Worth: Marcos Galperin’s net worth as of 2020 was approximately 3.4 billion USD. This wealth comes primarily from his stakes in MercadoLibre, a popular e-commerce site in Latin America which he co-founded. Comparatively, in the tech industry, his net worth is substantial, but not quite on par with tech leaders like Jeff Bezos or Elon Musk. However, in the context of Argentina and Latin America, Galperin is one of the wealthiest individuals.

Early Life: Born in 1971, Galperin comes from a rich home in Buenos Aires, Argentina. His family owned SADESA, a highly successful leather company. He studied finance at Wharton School of the University of Pennsylvania and later earned his M.B.A from Stanford Graduate School of Business in 1999. It was in Stanford where the seeds of MercadoLibre were planted.

Career and Financial Growth: Marcos stood out early in his career. While still at Stanford, he began MercadoLibre with the help of finance professor Jack McDonald. The company proliferated quickly, attracting investments from JPMorgan Partners, Flatiron Partners, Hicks Muse Tate and Furst, Goldman Sachs, GE Capital, and Banco Santander Central Hispano. In 2001, eBay acquired 19.5% of MercadoLibre, bolstering the company’s net worth and, consequently, Galperin’s.

Source of Net Worth: Galperin’s primary source of wealth is his position in MercadoLibre. As a co-founder and the Chairman, President, and CEO of the company, he holds significant shares. His entrepreneurial prowess in the rapidly expanding sector of e-commerce has accounted for the majority of his wealth.

Personal Projects and Ventures: Beyond MercadoLibre, Galperin has been involved in other businesses. He was on the board of directors of Globant, a digitally native technology services company, till 2020. Furthermore, he is an investor in COR, a project management tool, and sits on the board of Onapsis, a cybersecurity firm.

Philanthropy: Galperin is associated with Endeavor, a global non-profit dedicated towards supporting entrepreneurs in emerging markets.

Recent Developments: In 2020, Galperin relocated to Uruguay, citing a more welcoming business environment than his native Argentina. This move could potentially impact his future net worth depending on the prosperity of his business ventures in Uruguay. With digital markets in Latin America showing robust growth, Galperin’s wealth may well continue to rise.

Height, Weight & Body Measurements

Marcos Galperin height Not available right now. Marcos weight Not Known & body measurements will update soon.

Who is Marcos Galperin Dating?

According to our records, Marcos Galperin is possibily single & has not been previously engaged. As of January 13, 2024, Marcos Galperin’s is not dating anyone.

Relationships Record : We have no records of past relationships for Marcos Galperin. You may help us to build the dating records for Marcos Galperin!

Facts & Trivia

Marcos Ranked on the list of most popular Chairman. Also ranked in the elit list of famous people born in Argentina. Marcos Galperin celebrates birthday on October 31 of every year.

How old is Marcos Galperin?

50 years (October 31, 1971)

Who is the owner of MercadoLibre?

Marcos Galperin is founder and CEO of e-commerce platform MercadoLibre, the eBay of Latin America. MercadoLibre, which operates in 18 Latin American countries and Portugal, went public in 2007 on the Nasdaq.

How much is Marcos Galperin worth?

3.3 billion USD (2022)

How does MercadoLibre make money?

Advertisers promote their brands and products within the MercadoLibre marketplace, paying on a CPC basis for Product Ads and on a CPM basis for Display banners. This service allows both businesses and individuals to list general merchandising items and conduct their sales and purchases online in either a fixed-price.

Who is Mercado Pago?

Launched in 2003, Mercado Pago is a digital payment platform available to consumers and businesses exclusively in Latin America —originally created as an integrated online payments solution to complement ecommerce platform MercadoLibre.

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