Menem was the country's president for two terms between 1989 and 1999. His rule was marked by an intense privatization policy that initially benefited investors, but which also led to rising unemployment and inequality.
Many Argentines believe that Menem was to blame for the economic collapse that later paralyzed the South American country's economy.
The core of Menem's economic policy was to separate the state from the economy and let market forces prevail.
- I do not know if I will get the country out of the financial problems, but I will make the country more fun, Menems should have said at one point.
Hospitalized
The former president has been the subject of corruption investigations several times but has never been convicted in court.
Carlos Menem is described in the history books as an old-fashioned Peronist.
Among other things, he was known for loving cars.
Recently, Carlos Menem has been ill and hospitalized several times.