Lilian Werninghaus was born in Brazil. Lilian Werninghaus joins the Forbes World's Billionaires list for the first time this year. She is the widow of Geraldo Werninghaus, one of the founders of WEG S.A., a publicly-traded Brazilian multinational that is the largest producer of electric motors in Latin America. Geraldo died in 1999 in a car crash and Lilian inherited his stake. He created WEG in 1961 with two partners, Eggon Joao da Silva and Werner Ricardo Voigt. Each gave the first letter of his name to form the company's name. With a staff of more than 27,000 worldwide, WEG manufactures 11.5 million motors per year. The company has done business in the U.S. since 1991, with a base in Duluth, GA. Geraldo left WEG to become a councilman, a congressman and the mayor of Jaragua do Sul, where WEG is headquartered.