Leopoldo Alejandro Betancourt Lopez was born in Caracas, Venezuela. Betancourt has a Bachelor of Science degree in Civil Engineering from the Universidad Simón Bolívar. With a background in civil engineering, Betancourt has worked for several companies, including Venezuela’s state-owned oil company, Petroleos de Venezuela. He is also a graduate of the Harvard Business School’s “Entrepreneurial Manager Program.”
Pacific Exploration and Production Corporation
Leopoldo Alejandro Betancourt Lopez is also a director of Pacific Exploration and Production Corp., an oil exploration and production company that operates in Venezuela, Colombia, and Argentina. Pacific Exploration & Production is listed on the Toronto Stock Exchange (symbol PXP) and trades at around CAD $4.50 per share. Betancourt’s stake in the company is valued at more than $300 million. Betancourt oversees the company’s operations in Venezuela and Colombia as the director.
O’Hara Administration Group
Leopoldo Alejandro Betancourt Lopez is also a member of the O’Hara Administration Group, a Latin American investment group named after one of its primary shareholders, Chicago investor George O’Hara. The O’Hara Administration Group has assets under management of approximately $3 billion. The group’s investments focus on industrial and infrastructure projects in South America.
Betancourt has also worked as a philanthropist, donating to various causes, including educational institutions and public health. Betancourt has donated to educational institutions in math, science, and technology through his charitable foundation. According to Forbes, Betancourt’s primary philanthropic focus is education. He has made multiple donations to the Universidad Simón Bolívar and other Venezuelan universities. Betancourt also gives generously to his alma mater, the Universidad Simón Bolívar. In 2008, he donated $7 million to the university for various projects, including renovations of the school’s library and sports complex.
Betancourt has made multiple contributions to the country of Venezuela. Leopoldo Alejandro Betancourt is responsible for the development and recovery of Venezuela while also assisting the people with their education. He has made significant donations to high-quality educational facilities, which have benefited many Venezuelans who have struggled through poverty and still have opportunities for brighter futures.