Gregorio Perez Companc & family

Age: 71
Fortune: inherited
Source: Oil & gas

Net Worth: 1.7

Country Of Citizenship: Argentina
Residence: Buenos Aires, Argentina, South & Middle America
Industry: Diversified
Marital Status: married, 7 children

High School, Drop Out


Argentina's sole billionaire built his fortune with oil but lately has focused on food. Sold namesake energy company to Petrobras for $1 billion in 2002. Now holds a controlling stake in Molinos Rio de la Plata, Argentina's biggest packaged-food concern, which sells Luchetti's pasta and Cocinero oils. With wife, Maria Carmen, raises dairy cows and operates Munchi's, small chain of ice cream parlors. Devoted family man is father of seven. One indulgence: his $500,000 red Ferrari F50.