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Meet 12 billionaires with businesses in Brazil
Do you know the billionaires with businesses in Brazil?! If not, then read our text and see who our country's wealthy investors are.
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Who are the people who invest in our country?
Many foreigners see Brazil as a good gateway to opportunities. This is because it is a fact that the country is undergoing economic development, although there are reservations regarding political stability. Even so, Brazil has been a great territory for money from abroad, which attracts many rich people who want to invest their fortune. If you want to know more about who these people are, then read our article about the 12 billionaires with businesses in Brazil.
Who are the 12 billionaires with businesses in Brazil?
1. Cheng Wei
That the Uber application came to transform our relationship with the means of transport, no one has any doubts. Such success led to the emergence of several competitors at the height, such as the Spanish company Cabify and our Brazilian company 99, which received a contribution of US$100 million dollars in January 2017. And who is behind it?! Cheng Wei.
Cheng Wei is a Chinese businessman, founder and CEO of Didi Chuxing, a platform that provides services in the area of technology and private transport through an application. It was through her that Wei made his investments in Brazil once and for all by making the millionaire contribution to startup 99. In fact, it is worth noting that, in our list of billionaires with businesses in Brazil, the Chinese businessman is the one with the most “modest” fortune: 1.2 billion dollars.
2. Jacqueline Mars
Maybe you don't know the multinational Mars right away, but you've certainly been delighted with its products: M&M's, Snickers, Twix, Uncle Ben's and among others. Among its owners is Jacqueline Mars, daughter of Audrey Ruth and Forrest Mars, Sr., and granddaughter of Frank C. Mars, founders of the company.
Due to the company, Jacqueline Mars is one of the billionaires with businesses in our country. The global manufacturer of chocolates, in addition to other products in its portfolio, such as pet food, has invested heavily in Brazil. In 2018, Mars inaugurated a production line in Guararema, city in the state of São Paulo, which was part of an investment of R$1 billion in five years, starting in 2018. By the way, an interesting piece of information that deserves to be highlighted is that the company was chosen as the 3rd best to work for in Brazil.
3. Ma Huateng
Ma Huateng, better known as Pony Ma, is the co-founder and chairman of Tencent, one of China's largest Internet, communications, media and technology companies. As a result of the company's success, Huateng has earned a fortune of US$38.1 billion, making him one of the richest men on the planet.
And how has Ma Huateng been investing in our country?! Well, you most likely know the Nubank, a digital bank that originated in Brazil and is revolutionizing the behavior of Brazilians in relation to banking services. Behind it is Tecent, which invested US$ 180 million in fintech, which made its market value jump to US$ 4 billion. With that, Ma Huateng becomes one of the billionaires with businesses in Brazil.
4. Jack Ma
Founder and chairman of Alibaba Group, China's largest e-commerce company, Jack Ma is worth $38.8 billion and has become the richest man in asia by surpassing Mukesh Ambani, CEO of Reliance Industries. As you can imagine, the trend is that Jack Ma's assets only increase over time and Brazil is in its expansion strategy.
Among the bets to be made in Brazil, Jack Ma stated that he intends to invest in e-commerce, logistics and inclusive financing, that is, in the credit market. However, it was only in September 2019 that these plans began to come to fruition when Alibaba opened the first experience store in the city of Curitiba, capital of the state of Paraná.
5. Françoise Bettencourt Meyers
Thanks to her fortune estimated at 48.9 billion dollars, Françoise Bettencourt Meyers became the richest woman in the world in 2019 and maintained its due post in 2020. And the reason for so much fortune?! The French cosmetics multinational L'Oréal, which was inherited from her mother, Liliane Bettencourt, who died in 2017 and left to his daughter Françoise the post of the company's largest shareholder.
Then owner of L'Oréal, Françoise Bettencourt Meyers could not be left out of our list of billionaires with businesses in Brazil. This is because the French company decided to settle in the country in 1959, and 10 years later it inaugurated its first Brazilian factory, with an area of 1,200m² in the city of Rio de Janeiro. Currently, the L'Oréal has approximately 2,000 employees, who are divided between the headquarters in Rio de Janeiro, the branch in São Paulo, the product distribution center (CDL) and the factories located in Rio de Janeiro and São Paulo, which together occupy more than 60,000m² of built area, in addition to the sales force spread throughout the country.
6. Carlos Slim
Known as Midas, Carlos Slim Helú is a businessman born in Mexico and is considered the king of telecommunications in his country. He is currently the twelfth richest man in the world with a 2020 net worth of US$52.1 billion
Among the companies owned by Mexican Carlos Slim, América Móvil stands out, as it continues to invest in Brazil. In our country, the holding company controls Claro in Brazil, which incorporated Embratel and Net. There are around 52 million Brazilian customers and, such success, América Móvil forecasts an investment of R$ 30 billion in Brazil by 2023.
7. Mark Zuckerberg
Mark Zuckerberg is, without a doubt, a stamped figure in the field of entrepreneurship. The billionaire, who became known internationally for being one of the founders of Facebook, revolutionized communication and today his empire relies not only on the social network that made him so famous, but also on Instagram and WhatsApp, as well as other companies.
In view of his companies, it is not difficult to imagine that Mark Zuckerberg is part of the list of billionaires with businesses in Brazil. By the way, in terms of investments, our country is a great opportunity for the founder of Facebook, since the Brazilians are in third place in the list of countries with the most users of their social network. Not to mention WhatsApp, which has become the Brazil's main source of information.
8. Amancio Ortega
Who doesn't know Zara, right? A clothing brand that is part of everyday life for many who are interested in fashion, it has revolutionized the market with its concept of fast fashion. However, few know the entrepreneurial mind behind it: the Spanish Amancio Ortega, considered the sixth richest person in the world due to his fortune of 55.1 billion dollars in 2020.
Owner of Inditex, a conglomerate that brings together Zara and other brands, such as Zara Home, Massimo Dutti, Bershka, Pull&Bear, Stradivarius and Oysho, Amancio Ortega has been investing in Brazil since 1999, when he opened his first Zara store at Shopping Morumbi. Currently, the company's administrative headquarters and its distribution center are located in Alphaville, in the Metropolitan Region of São Paulo, where it also exports merchandise to stores in Chile and Uruguay.
9. Larry Ellison
Founder and largest shareholder of Oracle, a multinational specialized in the development and commercialization of hardware and software and databases, Larry Ellison was elected by Forbes in 2020 as the fifth richest man in the world thanks to his net worth of 59 billion dollars. And, as you can imagine, to be on our list, he is one of the billionaires with businesses in Brazil.
Among his investments, the most recent is through his created company, Oracle. She brought her cloud to Brazil Generation 2, which has been available in the country since the end of August 2019. It is worth remembering that, at the time, this announcement was made in parallel with three other locations, which are India, Switzerland and Australia, and was part of the company's plans to have a total of 19 regions covered by the end of 2019.
10. Bernard Arnault
For those who don't know him, Bernard Arnault is the president of LVMH Moet Hennessy Louis Vuitton, the largest luxury goods manufacturer in the world. Thanks to his fortune estimated at 76 billion dollars, Arnault is elected as the third richest man in the world and the richest in Europe. And isn't he investing part of his money in our tropical country?!
In 2012, brand president Louis Vitton stated that Brazilians are among the top ten buyers in the world. Therefore, it is not surprising that the company invested resources in our country in order to expand its business. Currently, the French holding LVMH has an office in São Paulo, the country's financial capital, and, in 2010, it acquired 70% from the control of Sack's, which was the leader in the distribution of beauty products in Brazil. Incidentally, this acquisition marked Sephora's entry into the Brazilian market, which was a success and is in a constant process of expansion.
11. Bill Gates
Second richest person in the world, thanks to his fortune estimated at 98 billion dollars, Bill Gates can claim that he is an investor from Brazil. This is because Microsoft, the company founded and led by the billionaire, does not skimp on financial resources in our country.
In 2012, Bill Gates' company invested nothing more, nothing less, than R$ 200 million in research, development and innovation in Brazil. This money was used to create a Microsoft Research Advanced Technology Laboratory (ATL) in the city of Rio de Janeiro, the first in Latin America. In addition, the company launched the investment fund for female entrepreneurs in Brazil in 2019, called Iniciativa WE (from Women Entrepreneurship). Managed by Belvedere Investimentos, the fund aims to invest in 25 startups over the next five years.
12. Jeff Bezos
With one fortune estimated at 113 billion dollars in 2020, the richest person in the world, Jeffrey Preston “Jeff” 'Bezos, also invests in Brazil. Founder and CEO of Amazon, an important and famous e-commerce company in the United States, Bezos has been investing his company in our country for almost eight years. However, it was in 2019 that Amazon gained its deserved space in Brazil thanks to the launch of Prime, which offers free shipping and streaming services for just R$ 9.90 monthly. Due to the huge success, Amazon even started to launch series and reality shows Made in brazil, such as the controversial “Soltos em Floripa”.
So, would you like to know more about the 12 billionaires with businesses in Brazil?! For sure, knowing this list can motivate you to achieve more in the professional field and inspire you to achieve your dreams and goals. After all, as we have seen, our country is indeed a place for billionaires!
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About the author / Priscilla de Cassia
Reviewed by / Junior Aguiar
Senior Editor
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