What is Mata Pires' Net Worth?
Mata Pires is a Brazilian businessman who has a net worth of $1.7 billion. Mata Pires is the founder, biggest shareholder and CEO of Grupo OAS S.A., a Sao Paolo-based conglomerate that operates in several countries in the field of civil engineering. He entered the billionaire ranks in 2013, all thanks to his 90% stake in the privately held group OAS. Actually, the key business generator in the group is its construction arm, which has netted contracts for the upcoming 2014 World Cup and 2016 Olympic Games, both taking place in Brazil.
However, Mata Pires was also the main target of demonstrators who took to the streets last year, protesting government spending for both events. When it comes to his personal life, he is the husband of Tereza Magalhaes, the daughter of the late Brazilian Senator Antonio Carlos Magalhaes. Last May she gave up her rights to her inheritance, an estate of $200, to end a family feud.