▁mother ' s ▁family ▁owned ▁the ▁Al mac enes ▁T ía ▁chain ▁of ▁super mark ets , ▁started ▁by ▁his ▁grand father , ▁K arel ▁Ste uer , ▁in ▁Eastern ▁Europe ▁as ▁' Te - T a '. ▁Upon ▁re loc ating ▁to ▁South ▁America , ▁it ▁became ▁a ▁major ▁chain . ▁De ▁Nar vá ez ▁began ▁work ▁there ▁at ▁the ▁age ▁of ▁ 1 7 ▁years ▁and ▁was ▁appointed ▁Chief ▁Executive ▁in ▁ 1 9 8 9 , ▁a ▁position ▁which ▁he ▁held ▁for ▁ten ▁years . ▁De ▁Nar vá ez ▁eventually ▁sold ▁the ▁Argent ine an ▁division ▁of ▁the ▁company ▁in ▁ 2 0 0 2 ▁for ▁$ 6 3 8 ▁million . ▁ ▁In ▁ 2 0 0 2 , ▁his ▁group ▁bought ▁ 5 0 % ▁of ▁La ▁R ural , ▁a ▁major ▁and ▁historic ▁exhib itions ▁centre , ▁and ▁the ▁additional ▁ 5 0 % ▁in ▁ 2 0 0 5 . ▁In ▁ 2 0 0 7 ▁he ▁bought ▁one ▁of ▁Argentina ' s ▁most ▁important ▁TV ▁stations , ▁América ▁TV . ▁He ▁own s ▁ 2 0 % ▁of ▁the ▁El ▁C ron ista ▁Com er cial . ▁In ▁ 1 9 8 3 , ▁de ▁Nar vá ez ▁took ▁Argent ine ▁citizens hip ▁to ▁vote ▁for ▁Ra úl ▁Alf ons ín . ▁His ▁nick name ▁in ▁business ▁and ▁politics ▁is ▁" El ▁Colorado ", ▁and ▁his ▁personal ▁fortune ▁has ▁been ▁estimated ▁to ▁be ▁in ▁excess ▁of ▁$ 5 0 0 ▁million . ▁ ▁Political ▁life