Horacio Cartes is a Paraguayan businessman and politician who served as the President of Paraguay from 2013 to 2018. He is known for his extensive involvement in the business sector before transitioning into a political career.
Born on July 5, 1956, in Asunción, Paraguay, Horacio Manuel Cartes Jara grew up in a business-oriented family. He pursued education both locally and abroad, which influenced his future endeavors in various industries.
Horacio Cartes is married and has three children. He is known for his private nature concerning his personal life. Outside of his professional activities, he has a keen interest in football and owns the Club Libertad football team.
Before entering politics, Cartes built a vast business empire, including companies in the tobacco, banking, and beverage industries. His presidency was marked by economic reforms and efforts to combat corruption, although his tenure was not without controversy.
During his presidency, Cartes implemented economic reforms that aimed to stabilize Paraguay's economy. He also focused on infrastructure development and improving the country's international relations.
Cartes' tenure was marred by allegations of corruption and money laundering. These controversies have continued to affect his reputation even after his presidency.
Horacio Cartes founded several successful businesses, including Tabacalera del Este (a major tobacco company), Banco Amambay, and Bebidas del Paraguay. These ventures significantly contributed to his wealth and influence in Paraguay.
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