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Wilmer Ruperti

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Name  Wilmer Ruperti

Shipping magnate wilmer ruperti launches ruperti scholarship program for latin americans


Wilmer Ruperti (born December 7, 1959) is a Venezuelan-born shipping business magnate. Since 2003, he has captured a major share of the market in physically exporting oil from Venezuela to the rest of Latin America, and has become one of Venezuela’s wealthiest persons.

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Wilmer Ruperti Ruperti changes sides TradeWinds

Lloyd's List International described Ruperti in 2004 as a man who transformed himself from a shipping master into a leading player in Venezuela’s billion-dollar oil business, and that “everything Wilmer Ruperti touches appears to turn to gold”.

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Wilmer ruperti borracho


Career

Wilmer Ruperti Contrapeso con el empresario Wilmer Ruperti 2do Negro

Ruperti’s career began in 1987 as a tanker master for Venezuelan oil company, Maraven, S.A., an industry affiliate of Venezuela’s state-owned oil company, Petroleos de Venezuela, S.A. (PDVSA). He later studied shipping in Plymouth, England, before returning to Caracas, Venezuela, to set up his own small shipbroking firm.

PDVSA strike

Wilmer Ruperti Shipping Magnate Wilmer Ruperti Launches Ruperti

Ruperti's big break in the shipping business came in late 2002 when he shipped gasoline to Venezuelan ports, using tankers chartered from Russia, during the Venezuelan general strike of 2002–2003, which featured a strike by thousands of employees at PDVSA.

The strike by PDVSA staff, which was designed to overthrow Venezuelan president Hugo Chavez, severely reduced oil production and exports, and cut domestic fuel supplies, before it failed. As a result of his successful shipping arrangements, Ruperti was able to consolidate his business relationship with PDVSA and the government. Although his business acumen earned him the disdain of the PDVSA employees who went on strike and were later dismissed, Chavez decorated Ruperti with the Star of Carabobo, a Venezuelan medallion usually awarded to military officers for distinguished service.

Shipping Company

Ruperti’s ship-owning company, Suramericana de Transportes de Petroleo, owns a fleet of oil tankers and other vessels, and his ship management business is called Global Ship Management. Ruperti has become deeply involved in Chavez’s policy of shipping discounted oil to Argentina and numerous countries in the Caribbean. The Venezuelan business news portal Descifrado.com reported in June 2006 that Ruperti was setting up a maritime investment fund, and was planning to raise $500m for the construction of eight new oil tankers.

Recent business expansion

Ruperti has recently moved into other areas of business. He owns a private television channel in Venezuela called Canal i, formerly called Puma TV.

Personal life

In December 2006, The Wall Street Journal profiled Ruperti, who is of Italian ancestry, and quoted him as saying that he supported Chavez because he is “the only person who has identified himself with the poor”. The article also described Ruperti’s lifestyle, noting that he has two South Korean bodyguards, moves about Caracas in a bullet-proof BMW, owns a private jet, and in 2005 sponsored a charity concert held in Caracas by Luciano Pavarotti. Ruperti is a keen golfer and has set up a youth golf school in Caracas.

At an unreported date, Ruperti bought two gold-plated Napoleonic-era pistols which were once owned by Simon Bolivar, the Venezuelan-born Latin American 19th Century independence hero, at an auction in New York, for $1.6m. It was later reported that he planned to donate the pistols to the Venezuelan government, but Ruperti denied this in his Wall Street Journal interview, saying he would leave them to his children. However, Venezuelan President, Hugo Chavez Frias confirmed that he received the pistols in national TV on July 2011. In said video, President Chavez states clearly that Ruperti "donated" the pistols.

References

Wilmer Ruperti Wikipedia


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