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Eventually, Patiño started in mining with Compañía
Huanchaca de Bolivia, a silver company, and then with Fricke y Compañía. Patiño was assigned to collections for the store, and in 1894, he agreed to accept a deed of land in compromise for a $ 250 debt owed by a prospector. The deed turned out to be
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for the rocky side of a mountain, and Patiño was fired from his job for settling an account in exchange for a worthless piece of property. Legend has it that Patiño was forced to pay back the store from his own funds, and was stuck with his own bad bargain.
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Patiño had been living between Europe and
Bolivia since around 1912. In 1924, following a heart attack, his doctors told him not to return to Bolivia and he moved abroad permanently, first to Paris, then to New York and finally to
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heritage, and born to a poor mother, while his authorized biography holds that he was solely of
European ancestry, and the son of a provincial leader. He was actually the illegitimate son of Julio Abasto and María Patiño from
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where he died, close to the homeland he was so fond of and wanted so desperately to return to. While living in Paris he was appointed
Minister to France and represented Bolivia in 1938 at the
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estimated the total net worth of Simon I. Patiño around USD 81.2 billion in 2008 dollars. That amount placed him in number 26 of all time wealthiest individuals in human history, ahead of
223:, turned out to be richer in minerals than anyone had imagined. Although the first several years of work yielded little, the turning point came in 1900 when Patiño located a very rich
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Graziella (married to Jorge Ortiz-Linares, a
Bolivian diplomat of aristocratic Spanish descent, Ambassador of Bolivia to France during and after the Second World War, parents of
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Previous to a political shift away from his allies in the government Patiño merged the company owning his
Bolivian tin property with a British company active in Malaysia.
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in
England and Germany. By the 1940s he controlled the international tin market and was one of the wealthiest men in the world, hence his "title"
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Patiño died in 1947 and was buried in the province of
Cochabamba, high in the Bolivian mountains of his birth, in a white mausoleum.
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who was among the world's wealthiest people at the time of his death. With a fortune built from ownership of a majority of the
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París, capital de América Latina: Latinoamericanos en la Ciudad Luz durante la
Tercera República (1870-1940)
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Patiño's biographers are not in agreement on the details of his early life. Many wrote that he was a
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Elena (married to José María López de
Carrizosa y Martel, 3rd Marquess del Merito, Grandee of Spain)
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183:". During World War II, Patiño was believed to be one of the five wealthiest men in the world.
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From the Fat of Our Souls: Social Change, Political Process, and Medical Pluralism in Bolivia
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Simón I. Patiño was married to Albina Rodriguez, with whom he had five children
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506:"World Tin King Richest Man of Latin-America", UPI report, 2 April 1931, in
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638:"Rich and Richer: Fifty of the Wealthiest People of the Past 1,000 Years"
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that deposed the leader of that revolution, the then President
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Luz Mila (married to Count Guy du Boisrouvray, parents of
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interests in his mining company and went on to buy tin
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industry in Bolivia, Patiño was nicknamed "The Andean
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433:"Subastan en Ginebra joyas de Simón I. Patiño"
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642:The Millennium: One Thousand Years of People
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79:Learn how and when to remove this message
156:María Patiño, Estefania Casique Patino,
42:This article includes a list of general
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247:. By the 1920s he had also bought out
561:(in Spanish). Simón Patiño Foundation
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212:, or spent years in private schools.
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168:(1 June 1860 – 20 April 1947) was a
371:. It is claimed that Patiño's son,
578:(in Spanish). Universo de letras.
48:it lacks sufficient corresponding
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702:Bolivian businesspeople in mining
677:Bolivian people of Basque descent
532:] (in Spanish). A. G. Grupo.
547:Simón Patiño Foundation (2011).
470:Crandon-Malamud, Libbet (1993).
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707:Bolivian expatriates in France
555:Information of Activities 2011
480:University of California Press
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687:People from Capinota Province
619:. 7 May 1934. Archived from
550:Informe de Actividades 2011
365:Bolivian Revolution of 1952
350:, together with the singer
219:The mountain, located near
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148:María Patiño, Julio Abasto
644:. The Wall Street Journal
605:Fundación Simon I. Patiño
697:Businesspeople in metals
574:Streckert, Jens (2019).
524:Geddes, Charles (1984).
636:Rachel Emma Silverman.
530:Patiño: King of the Tin
458:Current Biography, 1941
63:more precise citations.
526:Patiño: Rey del Estaño
510:, (Connellsville, Pa.)
227:of tin, later called "
381:Víctor Paz Estenssoro
344:Albina du Boisrouvray
682:Bolivian politicians
600:Biographical profile
375:, had a hand in the
439:on 16 February 2014
166:Simón Iturri Patiño
623:on 17 October 2007
266:In his 2008 book "
508:The Daily Courier
420:Simón Patiño 2011
393:Bolivian tin belt
348:Paris–Dakar Rally
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435:. Archived from
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367:confiscated the
352:Daniel Balavoine
300:Évian Conference
272:Malcolm Gladwell
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478:. Berkeley:
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369:Patiño Mines
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296:Buenos Aires
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257:The Tin King
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229:La Salvadora
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137:Buenos Aires
131:(1947-04-20)
95:Simón Patiño
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672:1947 deaths
667:1860 births
422:, p. 4
288:J.P. Morgan
280:Carlos Slim
181:Rockefeller
139:, Argentina
111:1 June 1860
61:introducing
692:Tin mining
661:Categories
648:8 November
518:References
482:. p.
276:Bill Gates
206:Cochabamba
115:Santiváñez
107:1860-06-01
44:references
627:14 August
221:Llallagua
187:Biography
153:Relatives
145:Parent(s)
387:See also
359:Epilogue
268:Outliers
253:smelters
237:Siglo XX
170:Bolivian
324:Anténor
249:Chilean
245:Huanuni
201:Spanish
197:Quechua
119:Bolivia
57:improve
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565:5 June
557:]
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443:5 June
330:George
312:Family
233:Catavi
46:, but
559:(PDF)
553:[
528:[
404:Notes
334:Jaime
241:Uncia
210:Oruro
193:cholo
650:2008
629:2008
580:ISBN
567:2014
534:ISBN
488:ISBN
445:2014
363:The
332:and
320:René
286:and
243:and
225:vein
199:and
126:Died
101:Born
270:",
263:).
177:tin
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412:^
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