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Net Worth: $10.9 Billion (vs. $10.6 Billion in 2023) | Source of Wealth: Beer | Citizenship: Brazil
Marcel Herrmann co-owns private equity firm 3G Capital with Lemann and Sicupira. In December, the billionaire investor furthered his succession plans and transferred his $5.8 billion stake in Anheuser-Busch InBev to his son Max Van Hoegaerden Herrmann. Herrmann, Lemann and Sicupira have already transferred their shares in the publicly traded real estate company São Carlos Empreendimento to their children.
7. Ricardo Salinas Pliego & family
Net Worth: $13.4 Billion (vs. $10.9 Billion in 2023) | Source of Wealth: Retail, media | Citizenship: Mexico
Salinas’ fortune may have grown by 23% in the past year but Mexico’s third-richest person and the owner of retailer Grupo Elektra is in hot water with the country’s tax officials. After Forbes finalized Salinas’ net worth, the Mexican government announced the businessman’s companies owed a whopping $3.8 billion in taxes. Salinas, who also owns the media company TV Azteca, announced on an X (formerly Twitter) post that he would sue the Mexican president’s spokesman and his team for publishing the debt documents.
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6. Jorge Paulo Lemann & family
Net Worth: $16.4 Billion (vs. $15.8 Billion in 2023) | Source of Wealth: Beer | Citizenship: Brazil
Along with Hermann and Sicupira, Lemann is a shareholder of Anheuser-Busch InBev, producer of Budweiser, Michelob Ultra and Stella Artois beers. Through their private equity firm 3G Capital they also own stakes in Restaurant Brands International, parent of Burger King and Canadian coffee chain Tim Hortons.
5. Vicky Safra & family
Net Worth: $20.6 Billion (vs. $16.7 Billion in 2023) | Source of Wealth: Banking | Citizenship: Brazil
Vicky Safra and her children inherited her husband Joseph Safra’s fortune after he passed away in 2020; he was the world’s richest banker at the time. Vicky’s oldest son, Jacob, oversees the family’s Swiss bank, J. Safra Sarasin, plus Safra National Bank of New York. Son David manages Banco Safra in Brazil. Son Alberto sued his family in New York in 2023, claiming his stake in Safra National Bank of New York was diluted; the case was dismissed for lack of personal jurisdiction in March 2024. Vicky Safra was born in Greece and retains both Greek and Brazilian citizenship. She resides mostly in Switzerland.
4. Iris Fontbona & family
Net Worth: $25.7 Billion (vs. $23.1 Billion in 2023) | Source of Wealth: Mining | Citizenship: Chile
The widow of Andrónico Luksic (d. 2005) and her children inherited a multi-billion dollar mining business along with a diversified Chilean conglomerate. Her step-son Andrónico Luksic Craig, who led Quiñenco as chairman since 2013, stepped down in December. Meanwhile, his brother Jean-Paul chairs the board of the family’s mining business Antofagasta, which brought in $6.3 billion in revenue in 2023.
3. Germán Larrea Mota-Velasco & family
Net Worth: $27.9 Billion (vs. $26.6 Billion in 2023) | Source of Wealth: Mining | Citizenship: Mexico
Germán Larrea, press-shy and elusive, built his fortune by expanding Grupo Mexico after taking over as president and CEO in 1994. The conglomerate owns the country’s largest mining company, producing nearly one million tons of copper a year. Larrea was reportedly in talks to acquire Banamex, Citigroup’s Mexican banking unit, for $7 billion. In May, the deal was scrapped as Citi announced it would pursue an IPO for that arm instead.
Bryan van der Beek/The Forbes Collection
2. Eduardo Saverin
Net Worth: $28 Billion (vs. $10.2 Billion in 2023) | Source of Wealth: Facebook | Citizenship: Brazil
The Facebook cofounder’s wealth has jumped by an estimated $17.8 billion since last year, making him Brazil’s richest citizen in 2024. Saverin was born in São Paulo but grew up in Miami. Shares of Meta, which make up the bulk of his fortune, have tripled since last year and his stake, estimated at less than 5%, is now worth $27 billion. In 2015, Saverin, who is a resident of Singapore, founded venture capital firm B Capital, which has more than $5 billion in assets under management.
1. Carlos Slim Helú & family
Net Worth: $102 Billion (vs. $93 Billion in 2023) | Source of Wealth: Telecom | Citizenship: Mexico
Slim, who ranked as the richest person in the world from 2010 to 2013, was worth $74 billion at his peak in 2011. Though there are now 13 others ahead of him, he’s still wealthier than he’s ever been thanks largely to a 60% jump in shares of his industrial conglomerate Grupo Carso, which reached deals of over $655 million to boost its investments in the energy sector.
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Source link : https://www.forbes.com/sites/gigizamora/2024/04/04/the-10-richest-people-in-latin-america-2024/
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Publish date : 2024-04-04 03:00:00
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