In world rankings, Bolivia is the 89th largest economy in nominal terms. It’s also the 90th country out of the 195 countries in the world today in terms of purchasing power. Miguel Krigsner is the richest person in Bolivia with an estimated net worth of $6.5 billion. The second richest person in the country is Marcelo Claure with a net worth of $2.3 billion.
In a middle-income economy as classified by the World Bank, Bolivia’s richest world-class have outdone themselves considering the massive wealth they have accumulated through their businesses.
In 2026, the richest Bolivians remain a small but influential group, often connected to multi-generation businesses in mining and agro-exports, or to newer high-growth sectors such as technology, beauty, and telecom.
In this article, we examine and present the top 10 richest people in Bolivia as of 2026.
Key Takeaways
Miguel Krigsner is the wealthiest Bolivian in 2026. However, it is worth noting that his business empire is headquartered in Brazil. He was born in La Paz to Polish-Jewish immigrant parents. Krigsner has been able to build one of the largest cosmetics companies in Latin America called O Boticário.
This cosmetic beauty empire has thousands of stores across Brazil and has managed to also expand into multiple continents. He began by mixing formulas in a small lab before developing signature fragrances that would go on to dominate Brazil’s fragrance market. Professionally, he is a trained pharmacist.
By the 2000s, O Boticário had transformed into a retail powerhouse, spawning dozens of sub-brands, sustainability-driven projects, and a vast franchising model that helped democratize beauty retail in the entire region the region.
Krigsner’s success also extends to environmental and social initiatives. For instance, he co-founded the Fundação Grupo Boticário, one of Brazil’s most influential conservation organizations. Despite working primarily in Brazil, Krigsner remains one of Bolivia’s most successful global entrepreneurs.
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Marcelo Claure is arguably Bolivia’s most globally visible business figure. Did you know that the largest wireless distribution company is owned by a Bolivian? It is none other than Claure and the name of the company is Brightstar. You might wonder how he got rich, well, after founding this company, he became a key executive at Softbank. At this bank, he played a significant role of in the turnaround of Sprint and later oversaw strategic investments within the Vision Fund ecosystem.
In 2018, he be started Claure Group LLC which is a diversified investment platform with assets in different categories such as artificial intelligence, blockchain technology, Latin American startups, and global telecom. He also has ownership stakes and administrative roles in soccer clubs such as the Inter Miami CF.
Samuel Doria Medina is one of Bolivia’s most influential businessmen and a long-time figure in the country’s political and economic landscape.
He is the founder of National Unity Front political party. From the year 1987 to 2014, he was the president and main shareholder of SOBOCE which is the largest cement manufacturer in Bolivia. That answers the questions many people wonder, how did Medina become rich?
Even though SOBOCE was acquired by Grupo Gloria in 2014, Doria Medina still retains a significant share of the company.
Besides this company, he has diversified his investments in different sectors: real estate complexes, industrial plants, hotels, and joint ventures tied to the broader Latin American construction market.
Besides business, Doria Medina is also a prominent political figure, having served in various public roles and run for office multiple times.
Mario Anglarill Salvatierra built his wealth through Bolivia’s booming agro-industrial sector, particularly within the food processing and export markets centered in Santa Cruz.
Ventures that have made him rich span soy processing, packaged food manufacturing, and integrated supply chain operations that serve both domestic and international clients.
He has also expanded his businesses into logistics, storage facilities, and modern agricultural technology, significantly increasing operational efficiency across his companies.
For a long period of time, his family has been associated with large-scale agribusiness. However, Mario is credited with transforming the group into a competitive regional player. His companies export to multiple South American and European markets.
Additionally, his recent investments in automated plants and sustainable production methods have strengthened his standing in the industry. Morever, he is also involved in philanthropic work related to rural development and agricultural innovation.
Branko Marinković is the 5th richest person in Bolivia with an estimated net worth of $250 million. He mainly became rich by doing business among the Bolivian agricultural elite. He has extensive extensive operations in soy, sunflower oil processing, and export logistics.
For quite some time, Marinković has built a reputation as an influential agro-industrial leader in the eastern region of Santa Cruz. His companies are major suppliers to international markets, benefiting from Bolivia’s fertile lowlands and strong regional commodity demand.
To add, Marinković has been an active public figure sparking several controversies. His family’s holdings include processing plants, distribution channels, and diversified agribusiness services that continue to expand despite fluctuating commodity prices.
The 6th richest person in Bolivia, Miguel Patiño became rich mainly by inheritance considering that he comes from a historical mining lineage. Even though Bolivia’s tin baron era has long passed, the Patiño family has retained significant investments, royalties, and diversified international assets.
Miguel has curated these portfolios, investing in modern mining ventures, metals trading, and real estate. He maintains a low profile and its for this reason that there is limited data about him on the internet.
The next high net worth individual in Bolivia is Mauricio Hochschild Jr. like Miguel Patiño, he is also a heir from one of the country’s historic mining families. In the past, his family’s company was one of the most powerful mining groups in south America.
Their businesses mainly spanned tin and other metals during the early and mid-20th century. Despite the fact that the industry has changed significantly, his family still has international holdings and massive wealth linked to minerals.
Today, Hochschild Jr. invests in mining-related ventures, urban real estate, regional infrastructure, and private equity. His portfolio includes commercial developments and financial projects across Bolivia and neighboring countries
Fernando Illanes is part of the well-known Illanes industrial family, long involved in mining, trade, and regional investment. In recent years, his focus has increasingly shifted to lithium, aligning with Bolivia’s push to develop its large salt-flat reserves. His investments include minority stakes in extraction ventures, supply chain projects, and energy-transition initiatives.
In addition to mining, Illanes has built a robust real estate portfolio across Cochabamba and Santa Cruz, including commercial centers, industrial warehouses, and land developments. His business strategy blends traditional extractive industries with opportunities tied to Bolivia’s growing role in the global battery supply chain, situating him among the country’s emerging modern industrialists.
Jorge Quiroga, not the former president, is a prominent agro-export businessman who became rich mainly by doing business in grain production, processing facilities, and regional logistics networks. Over several decades, Quiroga expanded from mid-sized agricultural operations into large-scale export businesses serving markets in Brazil, Peru, and Europe.
His holdings now include food-processing plants, freight companies, and infrastructure projects that support agricultural supply chains. While his profile is lower than major national tycoons, he is well respected in Santa Cruz’s business community for his methodical growth strategy. Often, he emphasizes on value-added processing, and commitment to operational transparency.
The 10th richest person in Bolivia who brings us to an end of Bolivia’s top 10 wealthy individuals is Luis Arce. He is an emerging industrialist whose fortune has grown rapidly over the past decade.
He built his wealth through medium-to-large-scale construction projects and expansion into manufacturing. His companies are involved in cement derivatives, prefabricated materials, and civil construction services used in both public and private infrastructure projects.
Arce has also invested in automated manufacturing facilities that supply hardware, components, and industrial materials to Bolivia’s growing urban centers. With a strategy focused on modernization and regional expansion, Arce represents a newer generation of Bolivian entrepreneurs gaining traction within the high-net-worth ecosystem.
From Miguel Krigsner, Marcelo Claure to Luis Arce, Bolivia’s high net worth individuals represent a blend of legacy industries and modern entrepreneurial expansion.
As it has been evident in this list, most of the richest people in Bolivia have amassed their wealth through mining and agriculture. However, with the changing trends in business, there is a new category of people in Bolivia who has started growth their wealth in modern investments such as technology, infrastructure, cosmetics, and manufacturing.
I am Eddah, a professional blogger specializing in wealth analysis and financial insights. As a contributor to Fineducke.com, I explore the world’s richest individuals, their net worth, and financial moves shaping economies. With a keen eye for detail, I turn complex data into engaging, easy-to-read content that informs and inspires
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