This paper is devoted to the proof of the existence of the principal eigenvalue and related eigenfunctions for fully nonlinear degenerate or singular uniformly elliptic equations posed in a punctured ball, in presence of a singular potential. More precisely, we analyze existence, uniqueness and regularity of solutions of the equation where in , and . We prove existence of radial solutions which are continuous on in the case , existence of unbounded solutions which do ot satisfy the boundary condition in the case and a non existence result for . We also give the explicit value of in the case of Pucci’s operators, which generalizes the Hardy–Sobolev constant for the Laplacian, and the previous results of Birindelli, Demengel and Leoni

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