Marcos Galperin

About Marcos Galperin

Birth Day: October 31, 1971
Birth Place: Buenos Aires, Argentina, Argentina
Birth Sign: Scorpio
Residence: Buenos Aires, Argentina
Alma mater: University of Pennsylvania (BS 1994) Stanford University (MBA 1999)
Occupation: CEO of MercadoLibre.com
Known for: Co-founder of MercadoLibre.com
Children: 3

Marcos Galperin Net Worth

Marcos Galperin was born on October 31, 1971 in Buenos Aires, Argentina, Argentina. Galperin is founder and CEO of e-commerce platform MercadoLibre, the eBay of Latin America. MercadoLibre operates in 18 Latin American countries and Portugal. Galperin majored in economics and finance at the University of Pennsylvania and got an MBA from Stanford University. He worked at Argentinian oil company YPF for three years and as a summer intern at JPMorgan before starting MercadoLibre.
Marcos Galperin is a member of Technology

💰Marcos Galperin Net worth: $1.36 Billion (Updated at 22 June 2018)

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Famous Quotes:

Successful entrepreneurs are typically stubborn contrarians, since creating a new reality that most people believe cannot exist will typically take a lot of time and several failures along the way.

Biography/Timeline

1990

Marcos 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 Colegio San Andrés 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.

1997

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.

1999

He is considered one of Argentina's top internet entrepreneurs. In 1999, he was selected as an Endeavor Entrepreneur and currently serves its Argentina's Board of Directors. Endeavor (non-profit) is a global non-profit that selects and supports high-impact entrepreneurs in emerging markets. Additionally, he serves on the Board of Directors at Onapsis, the leading global experts in business-critical application security, and is also an investor at COR, an intelligent project management tool that predicts and tracks profitability in real time.

2001

Marcos began the company while still in Business school at Stanford University. Finance professor Jack McDonald had been helping Marcos to contact potential Investors and asked John Muse, an invited speaker and co-founder of the Hicks Muse private equity fund, if Marcos could drive him to his private plane. Before boarding his plane, Muse expressed his Desire to have his fund invest in the idea and soon thereafter the company started. MercadoLibre received funding from J P Morgan Partners, Flatiron Partners, Hicks Muse Tate and Furst, Goldman Sachs, GE Capital and Banco Santander Central Hispano. In September 2001 eBay acquired 19.5% of MercadoLibre in exchange for eBay's recently acquired Brazilian subsidiary of Ibazar.com.br. In this transaction, MercadoLibre also became eBay's exclusive partner for the Latin American region.