Antonio Ermirio de Moraes

About Antonio Ermirio de Moraes

Birth Day: June 04, 1928
Birth Place: Brazil
Died On: August 24, 2014(2014-08-24) (aged 86)\nSão Paulo, Brazil
Birth Sign: Cancer
Alma mater: Colorado School of Mines
Occupation: Chairman and CEO, Votorantim Group

Antonio Ermirio de Moraes Net Worth

Antonio Ermirio de Moraes was bornon June 04, 1928 in Brazil. Antonio Ermirio de Moraes, Brazilian billionaire and former chairman of family-owned Grupo Votorantim, Latin America's fifth-largest diversified industrial conglomerate, died in August 2014 from heart failure at his home in Sao Paulo, Brazil. He was 86. One of the most admired entrepreneurs in Brazil, Ermirio de Moraes was one of the original billionaires to appear on Forbes' first ever world wealth ranks in 1987. He had been a staple on the Billionaires list ever since, though he had largely disappeared from the public eye back in 2001 after he was diagnosed with Alzheimer's disease. At the time of his death his personal net worth was estimated at $3.9 billion, based on a 25% stake in Grupo Votorantim. Five other members of the Ermirio de Moraes family -- the third richest family in Brazil -- are also billionaires including two of his siblings and three children of his deceased brothre.
Antonio Ermirio de Moraes is a member of Diversified

💰 Net worth: $3.1 Billion

2010 $3 Billion
2011 $5.3 Billion
2012 $12.2 Billion
2013 $12.7 Billion
2014 $3.1 Billion
2018 $3.1 Billion

Some Antonio Ermirio de Moraes images

Biography/Timeline

2013

Moraes was also the President of the Beneficência Portuguesa Hospital – located in São Paulo – which provides 60% of its services to citizens below the poverty line. His grandson Artur Freitas was recently announced as his successor in the presidency. Moraes was recently ranked number 316 on the Forbes list of billionaires, with an estimated fortune of $12.2 billion (ranked number 3 for Brazil). As of 2013, he was estimated to be worth R$25.68 billion with his family. During the course of his career, Moraes has had direct political involvement with campaigns to promote democracy, the improvement of the national health system and the generation of job opportunities. He ran for governor of São Paulo State in 1986, but lost the elections. He frequently published articles in newspapers and magazines of national circulation and is a member of the Academia Paulista de Letras.

2014

On his death in 2014, ownership of Votorantim Group passed jointly to his two children, Maria Helena de Moraes and Ermirio Pereira de Moraes.