A Brazilian woman named Dirce Navarro De Camargo was a businesswoman with a net worth of $12 billion.
By inheriting a significant share in Camargo Correa, the largest Brazilian private conglomerate established by her late husband, Sebastiao Camargo, de Camargo Correa, placed her in the world’s wealthiest list.
The Camargo family’s main source of wealth has been the company since its inception in 1939, which has expanded its operations in cement, energy, construction, real estate, and transportation. It has a presence in more than 20 other countries apart from Brazil, and comprises both publicly traded and privately owned companies.
After her husband’s death in 1994, Drice was appointed as a Chairman of Camargo Correa and held the position until 1996, but her three daughters passed away on April 20, 2013, leaving a significant impact on the family’s fortune.
Renata de Camargo Nascimento, Rosana Camargo de Arruda Botelho, and Regina de Camargo Pires Oliveira Dias are the three heiresses who possess equal shares in the Participacoes Morro Vermelho SA holding company, which has control over Camargo Correa.