Victor Civita Neto’s profile picture

Victor Civita Neto

Victor Civita Neto’s profile picture
Net worth 2018: $1.05 Billion
Industry: Media
Country: Brazil
Education: Bachelor of Arts / Science, Columbia University
BIOGRAPHY

Victor Civita Neto was born in Brazil. Victor Civita Neto is new to the Forbes Billionaires list this year. He is one of the children of Roberto Civita, the late Brazilian media baron who died last year at the age of 76. Victor and his brother and sister, also billionaires, inherited Grupo Abril, a media conglomerate started by their grandfather in 1950. Their father built the company into one of Brazil's largest magazine publishers. The group employs some 7,000 people. Its Editora Abril arm has a market share of 54% of magazine circulation and 58% of magazine advertising revenues in Brazil. It publishes five of the top ten magazine titles in the country, including the influential newsweekly Veja, founded by Roberto in 1968. The family also owns a majority of publicly traded education firm Abril Educacao. After his father died, Victor took over as head of Grupo Abril's editorial board. Victor got a political science from Columbia University in 1989. He also presides over the Board of the Victor Civita Foundation, named after his grandfather. The foundation was created in 1985 to improve basic education in Brazil.

NET WORTH STATISTIC
2014

$1.05 Billion

2018

$1.05 Billion

(3.4/187 votes)
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