Argentina's richest lawmakers – what their asset declarations reveal

Máximo Kirchner and Cristian Ritondo have one thing in common: they are, by a wide margin, the two wealthiest national deputies in Argentina’s Congress. Kirchner, the leader of Kirchnerite youth movement La Cámpora, and Ritondo, the head of the PRO caucus, have each declared fortunes of more than 10 billion pesos. 

Leaders from La Libertad Avanza, President Javier Milei's ruling party, and centrist blocs Provincias Unidas and Encuentro Federal also made the top 12 of the lawmakers' wealth ranking. 

At the opposite end are seven lawmakers who declared negative net worth, meaning their debts exceed the value of their assets. Among them is one of the ruling party’s best-known faces: Lilia Lemoine.

Deadline

The August 31 deadline has passed for government officials covered by Argentina’s Public Ethics Law to file their sworn asset declarations for the 2025 tax year with the national Anti-Corruption Office (OA). 

Perfil obtained copies of the documents and calculated each lawmaker's net worth as declared assets, deposits and cash minus total declared debts. Of the 257 deputies, 235 are up to date with the filing deadline.

When Perfil enquired, some deputies admitted they had forgotten. Sergio Capozzi, of Río Negro Province, for example, sent the copy he had already filed with the ARCA tax agency. On the OA's website, some declarations are unavailable, and some documents show every field filled in with AR$0 – zero pesos.

Kirchner reported net assets of around 11 billion pesos, or around US$7.2 million at today's exchange rate; Ritondo declared 10.5 billion pesos, or around US$6.9 million. Third place went to deputy Álvaro García of La Libertad Avanza, with 3.3 billion pesos, or around US$2.2 million.

The rest of the ranking is made up of Fernando de Andreis (PRO; 2.8 billion pesos); Martín Lousteau, Provincias Unidas (2.7 billion pesos); Martín Menem, La Libertad Avanza (2.6 billion pesos); Nicolás Massot, Encuentro Federal (2.5 billion pesos); Karen Reichardt, La Libertad Avanza (2 billion pesos); Ignacio García Aresca, Provincias Unidas (1.5 billion pesos); Álvaro González, PRO (1.5 billion pesos); Manuel Quintar, La Libertad Avanza (1.2 billion pesos); and Jorge ‘Loma’ Ávila, Provincias Unidas (1.1 billion pesos).

Three other lawmakers – Aníbal Tortoriello, Diego Giuliano, Alfredo González – also declared more than a billion pesos.

Not everyone is doing so well, however. Among the deputies who declared more debts than assets are LLA’s Nicolás Emma, María Gabriela Flores, Soledad Mondaca and the aforementioned Lemoine; Jimena López and Natalia Zaracho of Unión por la Patria, the opposition Peronist coalition; and Pamela Verasay of the Unión Cívica Radical (UCR).

The podium

Máximo Kirchner holds no money abroad and no luxury cars. His fortune is explained mainly by dollar deposits in Argentina worth 4.12 billion pesos, stakes in companies and 27 properties spread across Santa Cruz and Buenos Aires City.

Inheritance is a decisive factor in Kirchner's wealth. Of the 27 properties, only two were acquired entirely with his own income: a plot in El Calafate and a house in Río Gallegos. The rest were inherited and include apartments, houses, shops and seven plots of land.

The son of former president Cristina Fernández de Kirchner also declared inherited stakes in three companies: Los Sauces SA and Hotesur SA, the two firms under judicial scrutiny in corruption cases, and CO.MA. SA.

Despite being the wealthiest deputy in Argentina, Kirchner owns modest vehicles. 

Ritondo's declaration also has a striking feature: although he has the second-largest fortune in the lower house, the veteran politician does not own a house or apartment. He reported just one property, a 1,400-square-metre plot in Pinamar, and a credit for the instalment purchase of a plot in Maldonado, Uruguay, worth US$114,900, which has not yet been formally deeded.

More than 90 percent of his total wealth comes from his holding in Emprendimientos Rivadavia SA (67 percent acquired with his own income and 16.67 percent inherited), a construction firm he founded in the 1990s with his father, Donato Ritondo, and which came under judicial scrutiny after a complaint over purchases of property abroad. 

The PRO caucus leader also declared stakes in Waterford SA, Sugarcane SRL and Bull Business SA, and reported holding 0.01 percent in Agrolinks SA. Ritondo also declared an active financial portfolio of securities listed in the United States.

Third place went to García. A lawyer from San Isidro with an extremely low profile, he is aligned with the "digital" representatives of Mileísmo, according to Página/12. He took his seat in December 2025 and his wealth is explained mainly by deposits abroad, which account for more than 71.8 percent of his fortune (though he does not specify in which country).

García has an apartment in Maldonado, Uruguay, which he received as a donation, and a property in a gated community in General Pacheco, Buenos Aires Province. He declared US$83,145 in cash.

Besides declaring local financial investments, García reported stakes in other entities: 19.49 percent of the US firm Turistech Holding LLC, 33.3 percent of Shrimp House SRL and 39.80 percent of Carabonita SRL, among others.

Notable libertarians

Three high-profile deputies appear among the libertarians: Martin Menem, Speaker of the Chamber of Deputies, in sixth place; former television personality Karen Reichardt, whose real name is Karina Celia Vázquez, in eighth; and Jujuy's Manuel Quintar, the lawmaker who became known for parking a Tesla cybertruck temporarily at Congress, in 11th.

Most of Menem's wealth comes from Gen Tech Argentina SA, his sports supplements company. The deputy has deposits in Argentina, securities abroad worth more than 220 million pesos and a savings account in the United States. In total, he has six properties (50 percent of a house in La Rioja that he inherited and five apartments in Buenos Aires City). 

Almost all of Reichardt's wealth, by contrast, is concentrated in two assets that resulted from the liquidation of marital property after her divorce: a 200-square-metre country house in a gated community in Pilar, valued at 1.26 billion pesos, plus another home in Remedios de Escalada, and a portfolio of securities and investments abroad with Insigneo Securities worth 647 million pesos.

In Quintar's case, his main income comes from his 33 percent stake in Servicios Sociales de Salud SRL. The Jujuy deputy also holds stakes in two other firms and also reported credits owed to him over vehicle purchases. The deputy has 10 properties spread across Salta and Jujuy and a sizeable fleet of vehicles. The Tesla does not appear among his assets at the close of the 2025 tax year.

Ideological spread

The lower house's wealth ranking includes a varied ideological mix. De Andreis, in fourth place, and González, in 10th, join Ritondo as PRO's representatives near the top of the ranking. Some 85 percent of De Andreis's wealth is listed under the category "Unlisted shares, quotas and corporate holdings in Argentina," but the description line does not say in which company. 

Massot, of the Encuentro Federal caucus, is in seventh place. The Bahía Blanca native has assets and investments outside Argentina.

The diverse Provincias Unidas bloc contributed three members to the ranking. Lousteau's wealth is largely explained by money deposits abroad, which come to 1.56 billion pesos. He also has five properties – a house, an apartment and a garage in the capital, a plot in Sagastume and a property in Ullum, San Juan Province –  and an investment portfolio that includes CEDEARs (Argentine-listed certificates of foreign shares), mutual funds and a stake in the firm LCG SA.

García Aresca, from Córdoba and in ninth place, explains his wealth through farming activity, cash dollar holdings, a fleet of vehicles and various properties and farmland in his home province.

Ávila, the secretary general of the Chubut Private Oil and Gas Union, also appears and is cash-rich: most of his money is in bank deposits in Argentina. He also has a fleet of vehicles valued at more than 286 million pesos, with three units added in 2025, and four properties spread across Comodoro Rivadavia and Buenos Aires City.