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Economy One by one, who are the millionaires that Milei will meet in the United States and how much their fortunes reach - Infobae

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One by one, who are the millionaires that Milei will meet in the United States and how much their fortunes reach - Infobae​

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May 27, 2024

The Government House released the President's agenda in San Francisco starting this Wednesday, which, a priori, does not include a new meeting with Elon Musk


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Mark Zuckerberg, Sundar Pichai, Tim Cook y Sam Altman

President Javier Milei will meet with executives from the main technology companies in the United States in San Francisco.

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The valuation of the four companies with which President Javier Milei will meet is almost 4 billion dollars, between Google, Meta, Open AI and Apple.


Among your interlocutors, you will meet Mark Zuckerberg , the owner of Meta and the fourth richest man in the world with a wealth close to USD 178 billion, behind Bernard Arnault of LVMH, Jeff Bezos of Amazon and Elon Musk of Tesla. In the last quarter, Meta earned $36.46 billion, 27% more than in the same period in 2023.

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Mark Zuckerberg REUTERS/Nathan Howard/File Photo
Apple CEO Tim Cook has a fortune close to $2 billion, according to Forbes. The financial results for the second quarter of fiscal year 2024 ended March 30, 2024, recorded by Apple were USD 90.8 billion, with a year-on-year drop of 4%.

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Apple CEO Tim Cook

Sundar Pichai, CEO of Google, has a net worth of $1.31 billion. According to Bloomberg Line, since Pichai became CEO of Google in 2015, the stock has risen more than 400%, significantly outperforming the S&P 500 (SPY) and Nasdaq (NDAQ) in the same period.

Last week, Karan Bhatia, Google's Global Director of Government Affairs and Public Policy, said in an interview in the Infobae newsroom that “Argentina is an important market for Google. We are very pleased with our growth here. We have been in Argentina for more than 17 years and the company is only 25 years old, so we have been here from a very early time. And we are very committed to the country and its growth.”

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Sundar Pichai CEO Google Alphabet. (Credit: Infobae)

“We see that it is invested in several areas; first of all, in infrastructure; That is why we have been investing in submarine cables that allow connecting the Internet between Argentina and the rest of the world. And the biggest novelty in this sense is a new cable, Firmina, that we have just installed and that will substantially increase connectivity between Argentina, the United States and the rest of the world. We also continue to invest in new products to market, particularly products generated and enabled by artificial intelligence, with an incredible range of changes that are going to reach the industry and society. And, finally, we continue to invest in the people of Argentina in training and education,” said Bathia.


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OpenAI CEO Sam Altman in a file photo. EFE/Gian Ehrenzeller

OpenAI CEO and tech entrepreneur Sam Altman has a net worth of $2 billion and a portfolio of over 64 investments, including Reddit, Stripe, Humane, Worldcoin, and other leading companies.

In any case, Altman does not currently own any stake in OpenAI, and his net worth is tied to his stakes in companies like Loopt, which he founded and sold, and from his private investments.

It remains to be seen if he will also meet Elon Musk, who has a fortune close to USD 200,000 million and leads the companies Tesla, Space Government, but official sources indicated that it will take place in this tour.

At the beginning of this month, after their second meeting, Musk recommended “investing in Argentina.” The Head of State and the magnate coincided at the global investor summit taking place in Los Angeles, where Milei arrived as the main speaker invited by the Milken Institute . It was the second meeting they had in less than a month; the previous one was on April 12 at the Tesla plant in Austin, Texas.

In addition, the president seeks to organize a summit with some of these companies in Argentina at the end of this year or early next year.
 
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