Luis Caputo declares 97% of liquid assets held abroad

Luis Caputo asset declaration Argentina economy foreign deposits wealth growth

Argentine Economy Minister Luis Caputo has submitted a new sworn asset declaration for 2025, revealing that the vast majority of his liquid assets are held outside of Argentina. According to the filings, approximately 97% of his declared liquid deposits—totaling 12,422 million pesos—are held in foreign accounts, with 11,739 million pesos located in a single account in the United States.

Caputo's total reported wealth reached approximately 19.2 billion pesos by the end of 2025, representing a 62% increase in peso terms and a 15% increase in US dollar terms compared to the start of the year. His declared monthly expenses are estimated at roughly 24 million pesos, which significantly exceeds his official ministerial salary.

These findings come amid broader economic trends in Argentina, where Central Bank data indicates that dollar deposits have grown ten times faster than peso deposits between December 2023 and August 2026. Additionally, the Central Bank has moved to allow banks to provide dollar loans to companies that do not earn foreign currency, a measure intended to stimulate the economy but one that remains a subject of debate among economists.

Entities

Argentina · Central Bank of Argentina · Luis Caputo · Office of Anticorruption · Santiago Bausili · United States

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] Luis Caputo reported a total wealth of approximately 19.2 billion pesos at the end of 2025. elmonterizo.com · chacodiapordia.com
[● 3 SOURCES] Approximately 97% of Caputo's declared liquid deposits are held in foreign accounts. elmonterizo.com · ruedadeprensa.com.ar · chacodiapordia.com
[● 2 SOURCES] Caputo's wealth increased by 15% in US dollar terms during 2025. elmonterizo.com · chacodiapordia.com
[● 2 SOURCES] A single account in the United States holds 11,739 million pesos of his declared funds. elmonterizo.com · ruedadeprensa.com.ar
[○ 1 SOURCE] Caputo's declared monthly expenses average approximately 24 million pesos. ruedadeprensa.com.ar
[○ 1 SOURCE] Dollar deposits in the Argentine banking system grew ten times faster than peso deposits between December 2023 and August 2026. asiesnuestravida.com.ar