Ernesto Tornquist

Ernesto Carlos Tornquist (31 December 1842 – 17 June 1908) was an Argentine entrepreneur and businessman, considered to be one of the most important entrepreneurs in Argentina at the end of the 19th century. Tornquist also founded the Tornquist Bank (Banco de Tornquist), the Plaza Hotel Buenos Aires,

Early life Born in Buenos Aires in 1842, Ernesto Tornquist was the seventh son of George Tornquist (1801-1876), a Lutheran born in Baltimore, United States and whose parents came from a German family in the city of Hamburg with roots in Karlskrona in Sweden. The father was consul of the city of Bremen in Montevideo, Uruguay, and was an importer and property investor in Buenos Aires. His mother, Rosa Camusso Alsina, a Catholic, was born in Buenos Aires in 1805 and died there of yellow fever in 1871.

Tornquist started his schooling at Escuela Evangélica Alemana and in 1856 was sent to study in Germany in the city of Krefeld for two years.

Career On his return to Argentina he took up a job working for a company directed by his brother-in-law which exported wool and leather and imported agricultural machinery. In 1872 he married his niece, Rosa Altgelt Tornquist in Buenos Aires, and in 1874 took over the running of his brother-in-law's company which was now renamed, Ernesto Tornquist y Cia. With the help of Belgium capital the company diversified its activities to include investment in the sugar, meat-salting and cold-storage industries. The company also invested in railways and acquired land in the provinces of Santa Fe and Entre Rios, previously occupied by Indians. In the 1880s he set up a large sugar refinery, Refineria Argentina, in Rosario. Other initiatives included founding the Palermo brewery, the Seeber margarine manufacturer and the Bianchetti scale manufacturer. Designed by the German architect Alfred Zucker, it is located on Florida street, overlooking Plaza San Martin.