With a net worth of $3.6 billion dollars, Antonio Ermirio de Moraes is considered one of the wealthiest individuals in Brazil.
Antonio Ermirio de Moraes, who was born in Sao Paulo, Brazil, is the former Chairman and CEO of Votorantim Group, a family-owned conglomerate in Brazil.
The company owns, owns, and controls significant investments in various sectors, including cement, oil, iron, food, paper, and private finance. He is the President of Hospital da Beneficência Portuguesa, a hospital that serves Sao Paulo’s underprivileged population, and has published numerous articles and editorials in prominent national magazines and newspapers.
Despite his unsuccessful mid-80s run for governor, he has continued to engage in politics with a focus on improving health care and job opportunities.
Initially, it was assumed that his family possessed a 25% stake in Votorantim Group, but a recent appraisal revealed that they possessed almost all of the company.