He emigrated to Argentina in 1850 and married María Luisa Ocampo, the daughter of prominent local landowners and developers.

He established an import-export firm specializing in the import of textile products and the export of local cereals for the European market.

[1] Bemberg obtained commissions from Presidents Bartolomé Mitre and Nicolás Avellaneda for the establishment of agricultural colonies in the then-practically undeveloped Santa Fe Province, the site of some of the country's most productive cropland.

He sold all his shares and bought 400 tons of gold just in time, a move which undoubtedly saved his family from financial ruin.

By the 1960s, noticing the diminished drive in his subsequent generations who had been born into unprecedented wealth, he said to one of his grandchildren "it is easier to make a fortune than it is to maintain it".