Horacio Cartes - President of Paraguay, Birthday and Childhood

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Horacio Cartes's Personal Details

Horacio Cartes is a Paraguayan businessman and the present President of Paraguay

InformationDetail
BirthdayJuly 5, 1956
NationalityParaguayan
FamousPresident of Paraguay, Leaders, Political Leaders, Presidents
SpousesMaría Montaña de Cartes
Known asHoracio Manuel Cartes Jara
Childrens Juan Pablo Cartes, María Sol Cartes, Sofía Cartes
Birth PlaceAsunción
Political IdeologyPolitical party - Colorado Party
GenderMale
Net Worth$500 Million as of Jan 2017
Sun SignCancer
Born inAsunción
Famous asPresident of Paraguay

// Famous President of Paraguay

Horacio Cartes's photo

Who is Horacio Cartes?

Horacio Cartes is a Paraguayan businessman and the present President of Paraguay. He has been an extremely successful entrepreneur who ultimately found his way into politics and became President of his country. His businesses and manufacturing companies have spanned into virtually every trade available in Paraguay, gaining him vast control over most markets. His career has been marred with various scandals, investigations and allegations although he does not have a criminal record and has been acquitted of all the charges. Because of his control over businesses and markets along with the vast fortune he has made, his move to contest presidential elections raised concerns regarding a conflict of interest. As with all obstacles, he has not allowed any of this to prevent him from moving forward. Remaining true to his word and campaign promises, Cartes has made major strides in taking Paraguay into a new and promising direction

// Famous Leaders

Childhood & Early Life

He was born on July 5, 1956 as Horacio Manuel Cartes Jara in Asunción, Paraguay, to Ramón Telmo Cartes and Elva Jara.

His father, a very successful man in the field of aeronautics, wanted him to follow in his footsteps and pursue a career in the same field.

He attended the Spartan School of Aeronautics (currently known as the Spartan College of Aeronautics and Technology) located in the United States.

With advice from his father, he began internship with Cessna in Wichita, Kansas, United States.

In 1975, he returned to Paraguay and began his career as an entrepreneur and founded his first company.

Career

In 1975, he founded a currency exchange company that would later be known as Banco Amambay.

He became the target of a currency fraud investigation for founding the currency exchange company under the dictatorial command of Alfredo Stroessner.

He spent over four years as a fugitive until his return to Asunción in 1986 where he was incarcerated for 60 days during the investigation of fraud charges.

The alleged fraud charges stemmed from making millions on bank loans that went through the money exchange to purchase farm equipment from the United States.

He served seven months incarceration in 1989 from the charges stemming from the currency exchange company.

He was released from incarceration in 1989 with all the charges of fraud from the currency exchange company dropped and cleared from his record.

By 1992, the currency exchange company known as Banco Amambay became very powerful.

He became a partner at Tabacalera del Este, known as Tabesa, the largest manufacturer of cigarettes in 1994.

In 2000, he denied any involvement regarding a plane landing on his ranch property known as La Esperanza that was carrying 343 kilos of cocaine and marijuana.

He claimed the plane with the illegal drugs made an emergency landing on his ranch and denied any involvement.

In 2001, he purchased Licorería Acosta, a carbonated beverage manufacturing company originally founded in 1937 by Dr. Maximo Acosta.

In 2004, he was accused by the Brazilian Congress of smuggling cigarettes into their country.

His businesses and companies are called the Grupo Cartes and include concerns such as banking, soft drinks, meat and tobacco.

Prior to 2008 and his interest in political affairs, he was not a registered voter and was not involved in politics or the government.

In 2009, he joined the Colorado Party, a right wing political party founded in 1997.

According to a WikiLeaks release of 2010, he was suspected by the United States government to be involved in laundering drug money.

The Colorado Party was impressed with him and decided to drop the requirement of being a party member for 10 years before becoming eligible to be a presidential candidate in 2013.

His presidential campaign promised to modernize the country’s infrastructure, boost private investments, eradicate corruption in the Colorado Party, embark on agricultural reforms, and improve relationships with other countries.

Because of his personal fortune, he was able to spend extravagantly on his presidential campaign.

In April 2013, he was elected President of Paraguay by receiving 46 percent of the votes and a term that runs till August 2018.

Major Works

He took charge as Paraguay’s President on August 15, 2013.

He was given new presidential powers by parliament to take military action against the Paraguayan People’s Army (EPP) within the first week of office.

As president, he is concerned with addressing the needs of the people and making Paraguay a new and improved country..

He started an emergency program of distributing kits of food to poor citizens to make sure they are receiving quality 2,200 calorie meals that are cheap.

He is trying to expand the emergency food program to include others but discourages any dependency on it.

Awards & Achievements

He has founded and successfully managed over 25 companies throughout his business career.

From 2001 through 2012 he was the president of the Club Libertad, during which the football team won seven tournaments.

In 2010, he served as the president of the Paraguayan Football Association’s national team department during the 2010 World Cup qualifiers.

Personal Life & Legacy

He is married to María Montaña de Cartes and together they have three children - Sofia Cartes, Maria Sol Cartes and Juan Pablo Cartes.

He owns and controls virtually every business within one of the poorest countries in the world including the country’s largest cigarette and carbonated drink manufacturing companies.

He has re-established relationships with Brazil, Uruguay and Argentina - one of the many goals of his presidency.

He claims his success as President will be measured by the decrease of poverty in Paraguay.

Trivia

He adopted the phrase, “Paraguay is Latin American’s best-hidden treasure.”

// Famous Political Leaders

Horacio Cartes biography timelines

  • // 1937 To 2001
    In 2001, he purchased Licorería Acosta, a carbonated beverage manufacturing company originally founded in 1937 by Dr. Maximo Acosta.
  • // 5th Jul 1956
    He was born on July 5, 1956 as Horacio Manuel Cartes Jara in Asunción, Paraguay, to Ramón Telmo Cartes and Elva Jara.
  • // 1975
    In 1975, he returned to Paraguay and began his career as an entrepreneur and founded his first company.
  • // 1975
    In 1975, he founded a currency exchange company that would later be known as Banco Amambay.
  • // 1986
    He spent over four years as a fugitive until his return to Asunción in 1986 where he was incarcerated for 60 days during the investigation of fraud charges.
  • // 1989
    He served seven months incarceration in 1989 from the charges stemming from the currency exchange company.
  • // 1989
    He was released from incarceration in 1989 with all the charges of fraud from the currency exchange company dropped and cleared from his record.
  • // 1992
    By 1992, the currency exchange company known as Banco Amambay became very powerful.
  • // 1994
    He became a partner at Tabacalera del Este, known as Tabesa, the largest manufacturer of cigarettes in 1994.
  • // 1997 To 2009
    In 2009, he joined the Colorado Party, a right wing political party founded in 1997.
  • // 2000
    In 2000, he denied any involvement regarding a plane landing on his ranch property known as La Esperanza that was carrying 343 kilos of cocaine and marijuana.
  • // 2001 To 2012
    From 2001 through 2012 he was the president of the Club Libertad, during which the football team won seven tournaments.
  • // 2004
    In 2004, he was accused by the Brazilian Congress of smuggling cigarettes into their country.
  • // 2008
    Prior to 2008 and his interest in political affairs, he was not a registered voter and was not involved in politics or the government.
  • // 2010
    According to a WikiLeaks release of 2010, he was suspected by the United States government to be involved in laundering drug money.
  • // 2010
    In 2010, he served as the president of the Paraguayan Football Association’s national team department during the 2010 World Cup qualifiers.
  • // 2013
    The Colorado Party was impressed with him and decided to drop the requirement of being a party member for 10 years before becoming eligible to be a presidential candidate in 2013.
  • // Apr 2013
    In April 2013, he was elected President of Paraguay by receiving 46 percent of the votes and a term that runs till August 2018.
  • // 15th Aug 2013
    He took charge as Paraguay’s President on August 15, 2013.

// Famous Presidents

Horacio Cartes's FAQ

  • What is Horacio Cartes birthday?

    Horacio Cartes was born at 1956-07-05

  • Where is Horacio Cartes's birth place?

    Horacio Cartes was born in Asunción

  • What is Horacio Cartes nationalities?

    Horacio Cartes's nationalities is Paraguayan

  • Who is Horacio Cartes spouses?

    Horacio Cartes's spouses is María Montaña de Cartes

  • Who is Horacio Cartes childrens?

    Horacio Cartes's childrens is Juan Pablo Cartes, María Sol Cartes, Sofía Cartes

  • What is Horacio Cartes's political ideology?

    Horacio Cartes's political ideology is Political party - Colorado Party

  • What is Horacio Cartes's sun sign?

    Horacio Cartes is Cancer

  • How famous is Horacio Cartes?

    Horacio Cartes is famouse as President of Paraguay