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Article: Chilean Billionaire Ricardo Claro, 74
- Article from:
- The Washington Post
- Article date:
- November 8, 2008
- Author:
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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Ricardo Claro, 74, a Chilean billionaire and South American
industrialist who was a leading force in dictator Augusto Pinochet's
successful efforts to lure American investment back to Chile in the
1970s and 1980s, died Oct. 28 in the capital Santiago after a heart
attack.
Mr. Claro established himself in the 1970s as part of the
"piranhas," a circle of aggressive and socially connected
businessmen from prominent families. He used his access to the
Pinochet government to amass companies nationalized under socialist
President Salvador Allende and turn them into spectacularly
successful enterprises.
As chairman of the Claro Group, his best-known holdings were
Compania Sudamericana de Vapores, ...