The story of Rob citronethe millionaire owner of the Discovery capital fund, no longer circulates only in the Wall Street corridors. In Argentina his name began to appear in the mouth of political leaders, economists and journalists who see in him more than a simple foreign investor attracted by local rates. The close relationship with Scott Besent, secretary of the Treasury of Donald Trump and the new economic “Messi” of Javier Milei, arouses suspicion that Citrone benefited from privileged information in the recent Argentine financial crisis.
The fund he directs manages USD 20,000 million and, according to estimates of the specialized press, he earned two million dollars daily with operations in Argentine bonds during 2024 and 2025. He did it by buying papers at auction prices, convinced that the probability of default was “lowercase”, and taking advantage of the rebound effect generated by the rescue measures promoted from Washington.
The suspicion of “Inside Information”
September was a revealing month. In the middle of the exchange run and with the market distrusting the ability to pay the Argentine treasure, Citrone redoubled its bet: it acquired bonds that collapsed on international blackboards. Days later, the arrival of the American aid led by Besent triggered prices. The result was an immediate and extraordinary gain for Discovery Capital.
The sequence was so perfect that it left a smell of “Inside Information.” Chance or synchronization? The fact that Citrone and Besent shared common past in George Soros’s mythical background, with joint operations that are remembered as speculative feats: the attack on the sterling pound in 1992 or the play against the Japanese Yen in 2013 are not helped clear.
The political link and visit to Milei
Citrone did not just look at Argentina from Connecticut. He traveled several times to Buenos Aires, with high -level contacts. On April 14, 2025, when Besent landed at Casa Rosada to support President Milei, Citrone himself was also there, almost at the same time. The photo of both visitors toured the financial circles and fed the idea of a double rescue: the politician for Milei and the Financial for Discovery.
The manager never hid his enthusiasm for the libertarian administration. “Argentina is the best investment history since 2013,” he said in May in a Goldman Sachs podcast. Their bets are concentrated in dollars in dollars that overcome during the mandate of Milei, convinced that the government will fulfill those commitments. But, as a good speculator, he always clarifies that the key is to be able to leave quickly: enter strong and escape in time before the wind changes.
Local policy takes note
The matter is no longer only markets. Argentine politics began to observe the plot closely. Senator Miguel Ángel Pichetto, head of the dissident Peronist bloc and influential voice in Congress, wrote in X (extwitter): “Remember this name: Rob Citrone, owner of the discovery capital fund. The Bloomberg agency says he wins millions of dollars per day with the Argentine bonds. He bought bonds before the announcement of the ‘rescue’ of the United States, when the prices were down. bonds improved by American support? ”
Pichetto’s signaling points to the heart of suspicion: the possibility that Washington’s financial aid has had as the main beneficiary a friendly fund.
Between Soros and Argentina de Milei
Citrone’s trajectory is marked by his belonging to the elite of the so -called Tiger Cubs, Julian Robertson’s disciples who became Wall Street stars. With Soros he learned to detect imbalances and explode them without regard. Years later, with Discovery Capital, he moved that manual to emerging markets, where opportunities are large, but also the risks.
Today its commitment focuses on Argentina, a country that compares with the beginning of the convertibility of the ’90s: drastic reforms, an initial optimism climate and the attractiveness of undervalued assets. But the difference is that now it is not just the vision of a financier: behind Trump’s political power, his secretary of the treasure and an Argentine government willing to align with Washington.
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