Jorge Paulo Lemann’s profile picture

Jorge Paulo Lemann

Jorge Paulo Lemann’s profile picture
Net worth 2018: $28.48 Billion
Industry: Finance
Residence: Rio de Janeiro
Country: Brazil
BirthDay: 26 August 1939
Sigh: Virgo
Children: 5
Education: Bachelor of Arts / Science, Harvard University
BIOGRAPHY

Jorge Paulo Lemann was bornon 26 August 1939 in Rio de Janeiro, Brazil. Jorge Paulo Lemann is #30 in List Billionaires People In The World. With partners Carlos Sicupira and Marcel Herrmann Telles, he owns a stake in Restaurant Brands International, parent of Burger King and Tim Hortons. The trio's first success was at Banco Garantia, founded in 1971 and sold to Credit Suisse First Boston in 1998 for $675 million.

NET WORTH STATISTIC
2009

$5.3 Billion

2010

$11.5 Billion

2011

$13.3 Billion

2012

$12 Billion

2013

$17.8 Billion

2014

$19.7 Billion

2015

$25 Billion

2016

$27.8 Billion

2017

$29.2 Billion

2018

$28.48 Billion

TIMELINE
2018

As of January 2018, Lemann was ranked as the 29th richest person in the world by Forbes, with an estimated net worth of US$29

2015

The same group announced the merger of Kraft Foods with Heinz in March 2015

2010

In September 2010, 3G launched a $4 billion bid, at a 45% premium over market, for all the stock of Burger King

2008

InBev then announced it would buy the American brewer Anheuser-Busch in 2008 for $46 billion in a highly controversial deal, making it the world's largest brewer, Anheuser-Busch Inbev (abbreviated as AB Inbev) securing Lemann's status as one of the new "Kings" of beer

2005

The stock of the combined firm, InBev, rose 40 percent during 2005

2004

AmBev merged with Interbrew of Belgium in August 2004

2003

In 2003 AmBev had a pretax profit margin of 35 percent on sales of US$2

1999

In 1999, several gunmen attempted to kidnap his children on their way to school

1998

Following the Asian financial crisis, Banco Garantia was sold to Credit Suisse First Boston in July 1998 for $675m

1990

From 1990 to 2001, he served as a member of the board of directors of Companhia Cervejaria Brahma

1971

In 1971, Lemann, Carlos Alberto Sicupira and Marcel Herrmann Telles founded the Brazilian investment banking firm Banco Garantia

1966

In 1966, the first company in which Lemann had equity interest, a lending company called Invesco, went bankrupt

1961

"From 1961 to 1962, he worked as a trainee at Credit Suisse in Geneva

1953

His father died in a bus accident in 1953, when Lemann was 14

1939

In 1939, Lemann was born in Rio de Janeiro to Paul Lemann, a Swiss immigrant, who founded the dairy manufacturer, Leco, and Anna Yvette Truebner, a Brazilian of Swiss origin

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