What is Elie Horn's Net Worth?
Elie Horn is a Brazilian Jewish real estate tycoon who has a net worth of $1.9 billion. Born Elie (Eli) Horn in 1944 in Aleppo, Syria, he serves as the President of Cyrela Brazil Realty, a real estate company, since 1978. A graduate of Mackenzie University, Horn came to Brazil when he was 11 years old, and at the age of 19, he started working with his brother, Joe, in construction development in Sao Paulo. Gaining 20 years of experience in real estate, Horn finally founded his own property company, Cyrela, which is currently the major publicity traded constructor of high-end residential buildings in Rio de Janeiro and Sao Paulo. Known as a workaholic, Horn has expanded his company immensely over the years.
Today, it operates in about 17 states and 66 cities of Brazil, Uruguay and Argentina, and it has over 8,000 clients. Moreover, Horn holds a stake in listed Cyrela Commercial Properties, which gains, develops and leases corporate buildings and shopping centers in Rio de Janeiro and Sao Paulo. In 2012, he quitted from the agricultural development company, Brasilagro. Moreover, Horn is known for his philanthropic work, donating 20% of his earnings every year.
