Patiño, Simón Ituri

Patiño, Simón Ituri

(sēmōn` ēto͞o`rē pätē`nyō), 1868–1947, Bolivian capitalist. He owned rich tin mines in Bolivia and invested his enormous fortune, thought to have been among the world's largest, in other financial enterprises. Called the Tin King, Patiño exerted considerable influence on his country's governmental policies, though he spent most of the latter half of his life abroad. Many of his Bolivian holdings were nationalized after the revolution of 1952.