What is Antonio Ermirio de Moraes' Net Worth?
Antonio Ermirio de Moraes is one of the richest people in Brazil thanks to his net worth of $3.6 billion dollars. Born in Sao Paulo, Brazil, Antonio Ermirio de Moraes is the former Chairman and CEO of Votorantim Group, a family-owned, Brazilian conglomerate. The company operates, owns, and holds significant shares in everything from cement, oil, and iron, to food, paper, and private finance.
He is the President of Hospital da Beneficência Portuguesa, a hospital which serves members of Sao Paulo's population that are below the poverty line, and he is also a prolific writer, and has published multiple articles and editorials in a number of notable national magazines and newspapers. He ran for governor unsuccessfully in the mid-80s, but has remained actively involved in politics with a focus on improving health care and job opportunities. It was believed that his family owned 25% of Votorantim Group, but after a recent appraisal, it was revealed that they actually own almost all of the company.