Dirce Navarro De Camargo, who passed away on April 20 at the age of 100, was the richest woman in Brazil. She and her family had a net worth of $11.5 billion, ranking them 87th among the world's billionaires in March. Dirce's wealth came from her stake in Camargo Correa, a conglomerate founded by her late husband in 1939. The firm has operations in cement, energy and construction, and in 2012 it bought 95% of Cimpor for $3.7 billion. Dirce was chairman of Camargo Correa until 1996, and upon her death, her three daughters will inherit the family fortune since they hold equal share of the Participacoes Morro Vermelho SA holding company, which controls Camargo Correa.
Dirce Navarro De Camargo & family is a member of Construction & Engineering
Her husband, Sebastião Camargo, who died in 1994, founded the privately traded Brazilian conglomerate Camargo Corrêa. Dirce Camargo was chairman from 1994 to 1996, and was a major shareholder, with a net worth of $13.8 billion when she died.
2013
Camargo died 20 April 2013, aged 100. Bloomberg reported that her three daughters, Regina de Camargo Pires Oliveira Dias, Renata de Camargo Nascimento and Rosana Camargo de Arruda Botelho were "poised to inherit the family fortune", as each holds an equal share of the holding company.