During Javier Milei's presidency, the mining sector of Argentina demonstrated notable growth, prompting significant investment from businessman Eduardo Elsztain. A longtime ally of Milei, Elsztain has expanded his ventures beyond real estate into agriculture and mining. He assumed control of IRSA, transforming it from a small office into a substantial business group prioritizing real estate, finance, and agricultural production. His close relationship with Milei reveals the interconnections between politics and economic interests, showcasing a shift in investment strategies that reflect changing government dynamics in Argentina.
Eduardo Elsztain has intensified investments in the mining sector, which thrived during Javier Milei's first year as Argentina's president and demonstrates economic resilience.
Elsztain has deep ties to President Milei, having publicly supported him and hosted him during crucial moments of his early presidency.
The growth of Elsztain's company, IRSA, reflects a strategic shift toward mining, agriculture, and real estate, highlighting changing economic dynamics in Argentina.
Elsztain’s rise in business began in the 1990s amid a neoliberal political environment, marking the strategic alignment of wealth creation with political regimes.
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