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About

Ricardo Alberto Martinelli Berrocal is a Panamanian politician and businessman who served as the 36th President of Panama from 2009 to 2014. Prior to his presidency, Martinelli was a successful supermarket magnate. As president, he focused on infrastructure development and economic growth. However, his administration was also plagued by allegations of corruption and authoritarianism. Following his presidency, Martinelli faced legal challenges and investigations.

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Career Timeline

1990C$5M

Supermarket Magnate

Successful businessman before entering politics.

2009B$20M+$15M

President of Panama

Elected president, marking the peak of his career.

2012B$30M+$10M

Infrastructure Development Focus

Focused on infrastructure and economic growth.

2014B$40M+$10M

Corruption Allegations Surface

Faced accusations of corruption and authoritarianism.

2015C$30M-$10M

Legal Challenges Begin

Began facing legal challenges after leaving office.

2026C$50M+$20M

Under Investigation

Continues to deal with corruption investigations, diminishing political influence.

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Last updated: February 25, 2026