Tech Billionaire Bets on Growth of Rugby in US With Miami Team

MercadoLibre CEO Marcos Galperin invests in team with friends
Galperin sees potential for rugby to grow like soccer in US

Marcos Galperin, CEO of MercadoLibre Inc., listens during an interview in Buenos Aires, Argentina in 2019.Photographer: Sarah Pabst/Bloomberg

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By Anna J Kaiser and Daniel Cancel

April 28, 2023 at 4:31 PM UTC

This article is for subscribers only.

Billionaire Marcos Galperin briefly pondered pursuing a rugby career instead of leaving his native Argentina for university and ultimately founding Latin American e-commerce and payments powerhouse MercadoLibre Inc.

Decades later, his passion for the game is becoming a side hustle of his vast fortune.