IBOV 166,191.45 ▼ 0.82% IPC MEX 71,087.56 ▲ 0.38% MERVAL 2,848,945 — — USD/BRL5.50▼ 0.03% USD/MXN18.73▼ 0.13% USD/CLP977.69▲ 1.16% USD/COP3,238▲ 0.33% USD/PEN3.44▼ 0.14% USD/ARS1,545▼ 0.03% USD/UYU40.22▲ 3.25% USD/PYG6,358▲ 9.88% USD/BOB11.92▲ 1.34% USD/DOP60.57▲ 0.45% USD/CRC449.63▲ 2.20% USD/GTQ7.64▲ 3.24% USD/HNL26.87▲ 3.22% USD/NIO36.62▲ 2.77% USD/VES892.65▼ 0.26% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.77% USD/TTD6.64▲ 1.17% EUR/BRL6.16▲ 0.46% BRENT 97.64 ▼ 0.66% WTI 89.87 ▼ 0.72% IRON ORE 161.91 — — COPPER 6.25 ▼ 0.06% GOLD 4,076 ▼ 0.91% SILVER 52.08 ▼ 0.30% SOY 1,190 ▲ 0.74% CORN 440.75 ▲ 0.17% WHEAT 593.50 ▼ 0.96% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.18 ▼ 2.75% PETR4 45.95 ▼ 2.48% VALE3 62.67 ▲ 0.51% ITUB4 39.97 ▲ 0.65% BBDC4 13.77 ▼ 2.06% ABEV3 15.48 ▲ 1.51% BBAS3 16.49 — 0.00% B3SA3 14.36 ▲ 0.42% WEGE3 48.30 ▼ 3.50% PRIO3 61.54 ▼ 0.97% SUZB3 52.29 ▼ 0.11% RENT3 29.07 ▼ 1.32% AZZA3 14.06 ▲ 0.64% CSAN3 2.50 ▲ 4.60% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.71 ▲ 5.10% PSSA3 43.71 ▼ 2.63% CVCB3 0.82 ▲ 1.23% POSI3 3.11 ▼ 1.89% SLCE3 16.35 ▼ 1.51% NATU3 5.35 ▼ 1.29% BRKM5 3.03 ▼ 0.66% RANI3 8.46 ▼ 1.97% CSNA3 4.05 ▼ 0.74% IBOV 166,191.45 ▼ 0.82% IPC MEX 71,087.56 ▲ 0.38% MERVAL 2,848,945 — — USD/BRL 5.50 ▼ 0.03% USD/MXN 18.72 ▼ 0.17% USD/CLP 977.69 ▲ 1.16% USD/COP 3,238 ▲ 0.33% USD/PEN 3.44 ▼ 0.14% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.22 ▲ 3.25% USD/PYG 6,358 ▲ 8.23% USD/BOB 11.92 ▲ 1.34% USD/DOP 60.57 ▲ 0.45% USD/CRC 449.63 ▲ 2.20% USD/GTQ 7.64 ▲ 3.24% USD/HNL 26.87 ▲ 3.22% USD/NIO 36.62 ▲ 2.77% USD/VES 892.65 ▼ 0.26% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.77% USD/TTD 6.64 ▲ 1.17% EUR/BRL 6.16 ▲ 0.46% BRENT 97.64 ▼ 0.66% WTI 89.87 ▼ 0.72% IRON ORE 161.91 — — COPPER 6.25 ▼ 0.06% GOLD 4,076 ▼ 0.91% SILVER 52.08 ▼ 0.30% SOY 1,190 ▲ 0.74% CORN 440.75 ▲ 0.17% WHEAT 593.50 ▼ 0.96% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.18 ▼ 2.75% PETR4 45.95 ▼ 2.48% VALE3 62.67 ▲ 0.51% ITUB4 39.97 ▲ 0.65% BBDC4 13.77 ▼ 2.06% ABEV3 15.48 ▲ 1.51% BBAS3 16.49 — 0.00% B3SA3 14.36 ▲ 0.42% WEGE3 48.30 ▼ 3.50% PRIO3 61.54 ▼ 0.97% SUZB3 52.29 ▼ 0.11% RENT3 29.07 ▼ 1.32% AZZA3 14.06 ▲ 0.64% CSAN3 2.50 ▲ 4.60% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.71 ▲ 5.10% PSSA3 43.71 ▼ 2.63% CVCB3 0.82 ▲ 1.23% POSI3 3.11 ▼ 1.89% SLCE3 16.35 ▼ 1.51% NATU3 5.35 ▼ 1.29% BRKM5 3.03 ▼ 0.66% RANI3 8.46 ▼ 1.97% CSNA3 4.05 ▼ 0.74%
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Friday, November 6, 2026

Latin America Life & Society

British Millionaire Killed in Mugging Attempt in Buenos Aires

By · December 15, 2019 · 2 min read

RIO DE JANEIRO, BRAZIL – According to the British BBC, British property developer and millionaire Matthew Gibbard, 50, has been shot dead outside luxury hotel Faena in Buenos Aires after being held up by armed robbers.

The attack occurred as the tourists approached the hotel, the Argentine news agency Telam said.

He was transported to the hospital but ended up not resisting his injuries. According to reports, his stepson, Stefan Zone, 28, was also shot in the thigh and is recovering in hospital.

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British property developer and millionaire Matthew Gibbard, 50, has been shot dead
British property developer and millionaire Matthew Gibbard, 50, was shot dead.
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Officials have already explained to the local media that the British citizens tried to resist the assault, led by two men who arrived by motorcycle.

Faced with the victims’ resistance to handing over their belongings, the suspects shot them and fled. So far, they have not been located by the authorities.

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The rest of the family is already in contact with the British Consulate in Argentina to deal with all the bureaucracies related to the crime, hospital, and transfer of the body.

Alberto Fernandez, Argentina’s President branded the incident “atrocious” adding: “We must be severe, we cannot tolerate this. We must seek out those responsible and make them pay with the rigor of justice.”

Entrance to the Faena luxury hotel in Puerto Madero, Buenos Aires, where Matthew Gibbons was shot dead.
Entrance to the Faena luxury hotel in Puerto Madero, Buenos Aires, where Matthew Gibbons was shot dead.

According to the BBC, more than 111,000 British people visited Argentina in 2018 and most of the trips were made without any problems.

However, the publication recalls that some care must be taken in Latin American countries, such as avoiding certain areas, not leaving the comfort zone, not using expensive accessories and, when approached by criminals, not resisting, handing over the money and valuables.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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