Simón Iturri Patiño was a Bolivian industrialist who was among the world's wealthiest people at the time of his death. With a fortune built from ownership its majority from the tin industry in Bolivia, Patiño was nicknamed "The Andean Rockefeller". During World War II, Patiño was believed to be one of the five wealthiest men in the world.
The Portales Palace is now a museum, and the Foundation was created on the premises for an educational and cultural center for teaching, development and promotion of the arts.
Although Patiño wanted to live in Portales and built it in gratitude for his wife loyalty, he never got to live in The Palace. Diagnosed in Buenos Aires from a heart condition, the height of Cochabamba and lack of good medical services at the time, prevented the employer could release his palace. At his death, his wife preferred to live in Villa Albina (maybe because it was very painful to live in The Palace), another gift from her husband.
(If you would like to read more about The Portales Palace or Simon I. Patiño click HERE )