Horacio Cartes

Horacio Manuel Cartes Jara is a Paraguayan businessman and politician who served as the 51st President of Paraguay from 2013 to 2018, representing the Colorado Party. He is the founder and owner of Grupo Cartes, a major Paraguayan conglomerate with interests in tobacco, beverages, and finance, and is also known as the owner of Club Atletico Olimpia, one of Paraguay's most prominent football clubs. In 2023, the United States Treasury Department designated him under the Magnitsky Act for alleged involvement in corruption and ties to criminal organizations, a designation that significantly impacted his international standing.