Antonio Ermirio de Moraes’s profile picture

Antonio Ermirio de Moraes

Antonio Ermirio de Moraes’s profile picture
Net worth 2018: $3.1 Billion
Industry: Diversified
Country: Brazil
BirthDay: 4 June 1928
Sigh: Cancer
Died On: 24/08/2014
Children: 9
Education: Bachelor of Arts / Science, Colorado School of Mines
BIOGRAPHY

Antonio Ermirio de Moraes was bornon 4 June 1928 in Brazil. Antonio Ermirio de Moraes, Brazilian billionaire and former chairman of family-owned Grupo Votorantim, Latin America's fifth-largest diversified industrial conglomerate, died in August 2014 from heart failure at his home in Sao Paulo, Brazil. He was 86. One of the most admired entrepreneurs in Brazil, Ermirio de Moraes was one of the original billionaires to appear on Forbes' first ever world wealth ranks in 1987. He had been a staple on the Billionaires list ever since, though he had largely disappeared from the public eye back in 2001 after he was diagnosed with Alzheimer's disease. At the time of his death his personal net worth was estimated at $3.9 billion, based on a 25% stake in Grupo Votorantim. Five other members of the Ermirio de Moraes family -- the third richest family in Brazil -- are also billionaires including two of his siblings and three children of his deceased brothre.

NET WORTH STATISTIC
2010

$3 Billion

2011

$5.3 Billion

2012

$12.2 Billion

2013

$12.7 Billion

2014

$3.1 Billion

2018

$3.1 Billion

TIMELINE
2014

On his death in 2014, ownership of Votorantim Group passed jointly to his two children, Maria Helena de Moraes and Ermirio Pereira de Moraes

1986

He ran for governor of São Paulo State in 1986, but lost the elections

1928

Antônio Ermírio de Moraes (June 4, 1928 – August 24, 2014) was a Brazilian businessman and the chairman of the Votorantim Group; one of the country's largest companies, focuseded on metals, paper, cement and frozen orange juice

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