Rossana Camargo de Arruda Botelho was born in Sao Paulo, Brazil, Brazil. Rossana Camargo de Arruda Botelho is one of three billionaire sisters who are the controlling shareholders of multinational construction and cement conglomerate Camargo Correa. The conglomerate was founded in 1939 by Rossana's father, Sebastiao Camargo, who died in 1994. Today Camargo Correa has operations in 16 countries and employs 27,000 workers. Some of the group's top executives have allegedly taken part in the Petrobras bribery scandal. In 2015 Camargo Correa sold its stake in Alpargatas, the maker of Havaianas flip-flops, to Brazilian conglomerate J&F for $500 million. Over the years Rossana has become increasingly involved in strategic matters of Camargo Correa, taking a special interest in the group's growth strategy throughout Latin America, Europe and Africa. She is a member of several non-profit organizations, notably in the areas of endangered youth protection and education.