Maxim Levoshin

How Marcos Galperin Built Latin America’s Top Tech Giant

The Stanford Grad Who Built Latin America's Most Valuable Company

After 25 years, Marcos Galperin is stepping down as CEO of Mercado Libre — the tech titan that:

— Creates a new job every 3 minutes across Latin America
— Serves over 150 million customers
— Grows faster than Amazon on steroids
— Just hit an all-time stock high despite a falling NASDAQ

Starting in 2026, Ariel Szarfsztejn — former banker, strategist, Stanford MBA, and current Chief Commercial Officer — will take over as CEO.

Galperin will stay on the board, focusing on culture, strategy, and AI.

Why Mercado Libre became a powerhouse

— Because 19 out of 20 of Galperin’s classmates didn’t believe in his idea
— Because he pitched an investor at the foot of an airplane staircase
— Because he solved real problems instead of building fancy slides

What drives Galperin: conviction, curiosity, and action

He believes in Bitcoin. Reads Gabriel García Márquez. Tells his kids to "learn how to learn."
And while others talk about crises, he builds the future.

That’s a real entrepreneur.

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