Carlos Victor Aramayo
Encyclopedia
Carlos Victor Aramayo was a South American industrialist and one of Bolivia
's three principal tin
magnates alongside Simón I. Patiño and Mauricio Hochschild in the early 20th century. Responsible for over half of global tin
production, they were known as the three tin
barons.
In 1926, Carlos Victor Aramayo was appointed President of Compagnie Aramayo de Mines en Bolivie SA (CAMB) with headquarters in Geneva, Switzerland. The holding company represented the assets of the Aramayo family in mining (mainly Bismuth, Tin, Tungsten and other metals) and land properties across Bolivia.
As CAMB President, one of Aramayo's first major decision was to form a subsidiary for CAMB in charge of the purchase of machinery and supplies and for hiring specialist personnel around Europe. In 1929, Mining and Chemical Products Ltd (MCP) was formed in London. Around the same time, Aramayo was appointed as Bolivia's Ambassador to London
and then to Paris.
In 1935, Aramayo was appointed as Bolivia Finance minister by president José Luis Tejada Sorzano
.
Throughout the Second World War, MCP contributed to the Allied war effort by producing and selling vital anti-aircraft gun components exclusively to the US and to the UK.
In 1952 CAMB's mines and all other properties in Bolivia were nationalised by the Bolivian revolution of 1952.
During his lifetime, Aramayo held numerous responsible positions in his country and abroad as Newspaper owner (La Razon), Member of Congress, Ambassador of Bolivia to London and Paris, Minister of Finance and Minister of Foreign Affairs during president Sorzano's term.
After his death, he was succeeded as President of CAMB and MCP by his nephew John German-Ribon.
Bolivia
Bolivia officially known as Plurinational State of Bolivia , is a landlocked country in central South America. It is the poorest country in South America...
's three principal tin
Tin
Tin is a chemical element with the symbol Sn and atomic number 50. It is a main group metal in group 14 of the periodic table. Tin shows chemical similarity to both neighboring group 14 elements, germanium and lead and has two possible oxidation states, +2 and the slightly more stable +4...
magnates alongside Simón I. Patiño and Mauricio Hochschild in the early 20th century. Responsible for over half of global tin
Tin
Tin is a chemical element with the symbol Sn and atomic number 50. It is a main group metal in group 14 of the periodic table. Tin shows chemical similarity to both neighboring group 14 elements, germanium and lead and has two possible oxidation states, +2 and the slightly more stable +4...
production, they were known as the three tin
Tin
Tin is a chemical element with the symbol Sn and atomic number 50. It is a main group metal in group 14 of the periodic table. Tin shows chemical similarity to both neighboring group 14 elements, germanium and lead and has two possible oxidation states, +2 and the slightly more stable +4...
barons.
In 1926, Carlos Victor Aramayo was appointed President of Compagnie Aramayo de Mines en Bolivie SA (CAMB) with headquarters in Geneva, Switzerland. The holding company represented the assets of the Aramayo family in mining (mainly Bismuth, Tin, Tungsten and other metals) and land properties across Bolivia.
As CAMB President, one of Aramayo's first major decision was to form a subsidiary for CAMB in charge of the purchase of machinery and supplies and for hiring specialist personnel around Europe. In 1929, Mining and Chemical Products Ltd (MCP) was formed in London. Around the same time, Aramayo was appointed as Bolivia's Ambassador to London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
and then to Paris.
In 1935, Aramayo was appointed as Bolivia Finance minister by president José Luis Tejada Sorzano
José Luis Tejada Sorzano
José Luis Tejada Sorzano was a Bolivian lawyer and politician appointed by the military as president of Bolivia during the Chaco War...
.
Throughout the Second World War, MCP contributed to the Allied war effort by producing and selling vital anti-aircraft gun components exclusively to the US and to the UK.
In 1952 CAMB's mines and all other properties in Bolivia were nationalised by the Bolivian revolution of 1952.
During his lifetime, Aramayo held numerous responsible positions in his country and abroad as Newspaper owner (La Razon), Member of Congress, Ambassador of Bolivia to London and Paris, Minister of Finance and Minister of Foreign Affairs during president Sorzano's term.
After his death, he was succeeded as President of CAMB and MCP by his nephew John German-Ribon.