Name Carlos Aramayo | ||
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Died 1982 (1983) (aged 93)Paris Occupation South American industrialist Minister of Finance and Industry In office (1 December 1934 – 12 April 1935) President José Luis Tejada Sorzano Preceded by Joaquín Espada Succeeded by Federico Gutiérrez Granier Minister of Foreign Affairs and Worship In office (5 April 1935 – 12 April 1935) President José Luis Tejada Sorzano Preceded by David Alvéstegui Laredo Succeeded by Tomás Manuel Elío Nationality Bolivian Similar José Luis Tejada Sorzano, Germán Busch, Abdón Saavedra | ||
LOS BARONES DEL ESTAÑO || BOLIVIA
Carlos Víctor Aramayo (1889, Paris – 1981, Paris) was a Bolivian industrialist and one of Bolivia's three principal tin magnates alongside Simón I. Patiño and Mauricio Hochschild in the early 20th century. Responsible for over half of global tin production, they were known as the three tin barons.
In 1926, Carlos Víctor Aramayo was appointed President of Compagnie Aramayo de Mines en Bolivie SA (CAMB) with headquarters in Geneva, Switzerland. The holding company represented the assets of the Aramayo family in mining (mainly Bismuth, Tin, Tungsten and other metals) and land properties across Bolivia.
As CAMB President, one of Aramayo's first major decision was to form a subsidiary for CAMB in charge of the purchase of machinery and supplies and for hiring specialist personnel around Europe. In 1929, Mining and Chemical Products Ltd (MCP) was formed in London. Around the same time, Aramayo was appointed as Bolivia's Ambassador to London and then to Paris.
In 1935, Aramayo was appointed as Bolivia Finance minister by president José Luis Tejada Sorzano.
Throughout the Second World War, MCP contributed to the Allied war effort by producing and selling vital anti-aircraft gun components exclusively to the US and to the UK.
In 1952 CAMB's mines and all other properties in Bolivia were nationalised by the Bolivian revolution of 1952.
Throughout his life, Aramayo held several prominent positions both domestically and internationally. He was the owner of the newspaper La Razón, served as a Member of Congress, and represented Bolivia as an Ambassador to London and Paris. Additionally, during President Sorzano's administration, he fulfilled the roles of Minister of Finance and Minister of Foreign Affairs.
After his death, he was succeeded as President of CAMB and MCP by his nephew John German-Ribon.