Antonio Ermirio de Moraes
Diversified

Antonio Ermirio de Moraes Net Worth

1 year from now

Antonio Ermirio de Moraes, a Brazilian billionaire and former chairman of Grupo Votorantim, Latin America's fifth-largest diversified industrial conglomerate, passed away in August 2014 from heart failure at the age of 86. He was one of the first billionaires to appear on Forbes' world wealth ranks in 1987 and had a personal net worth of $3.9 billion at the time of his death. His five siblings and three children of his deceased brother are also billionaires, making the Ermirio de Moraes family the third richest in Brazil.
Antonio Ermirio de Moraes is a member of Diversified

Age, Biography and Wiki

Birth Day June 04, 1928
Birth Place Brazil
Age 92 YEARS OLD
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

💰 Net worth: $3.1 Billion (2024)

Antonio Ermirio de Moraes, a renowned Brazilian businessman, is expected to have a net worth of $3.1 billion by 2024. Known for his diversified ventures, de Moraes has made significant contributions to various industries in Brazil. With his wealth accumulating from his successful business endeavors, de Moraes has established himself as a prominent figure in the Brazilian business landscape. His impressive net worth is a testament to his entrepreneurial acumen and the impact he has had on the country's economy.

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

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.

Some Antonio Ermirio de Moraes images

Tags 1928 births 2014 deaths Businesspeople from São Paulo Recipients of the Great Cross of the National Order of Scientific Merit (Brazil) Brazilian billionaires Brazilian businesspeople Brazilian business biography stubs

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.