Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Jorge Paulo Lemann
Investors and Entrepreneurs

Jorge Paulo Lemann: beer king from Brazil

28.10.2020
2 min read

Jorge Paulo Lemann: history of Brazil’s richest man

Brazilian businessman Jorge Paulo Lemann is the richest man in the country, he is a famous investor and a respected personality in his homeland. His fortune is estimated at more than 25.5 billion dollars, and in the Forbes ranking of the richest people on the planet, the entrepreneur takes 32nd position.
Jorge’s parents are of Swiss origin. His father owned a dairy factory, and his mother was a housewife. From an early age, the child took an interest in science. Studying was easy for him, Jorge was recognized as the best student in his class several times. When the boy was 14, his father died in a car accident, which was a real shock to him.
Lemann’s passion was tennis. He trained hard, participated in prestigious competitions, including Wimbledon and the Davis Cup. As a participant of the teams representing Brazil and Switzerland, he won the status of champion 5 times at home.
After finishing school, Jorge went to Harvard University to study economics. But the move gave him a hard time – first year, the young man could not take root in a foreign country and the harsh climate of Boston. In addition, the curriculum required effort, and took almost all the time. All these factors did not play into the hands of Lemann, who had a reduced performance. After graduating from the first year, Jorge seriously thought about leaving school, but then decided to stay at Harvard. In 1961, he got his bachelor’s degree.
Lemann’s first job was with the second largest Swiss company. Being an intern here for about a year, he tried his hand as an investor and acquired a 2% stake in a company that soon went bankrupt.

Over the next five years, Jorge worked for different companies until he came to the point where he wanted to start his own business. In 1971, together with like-minded people, he founded the investment banking company Banco Garantia. Soon there was a financial crisis in the country, but the businessmen managed to keep the firm afloat and it became successful and prestigious.
But the real fame and money brought Lehmann beer production. In the 90s, he acquired shares of breweries. By 2003 the enterprises united into a common company, which brought 270 million dollars to its owner. A year later Lemann owned 65% of the Brazilian beer market and 80% of the Argentine beer market. In addition, his products are represented in Paraguay, Bolivia and Uruguay.
In addition to this business, Jorge Paulo Lemann owns shares in various corporations, he is a co-founder of an investment company and a charity that helps young entrepreneurs.

Tags: Investors and Entrepreneurs
0
Previous Post MetLife company: life insurance business Next Post The Chinese authorities decided to reduce duties for the U.S.

You Might Also Like

Malaysian designer Jimmy Choo
Investors and Entrepreneurs
Jimmy Choo: the story of the shoe designer who conquered the world
06.11.2022
Lillian Vernon
Investors and Entrepreneurs
How Lillian Vernon managed to create an empire by relying on her intuition
14.08.2021
Rafaela Aponte
Investors and Entrepreneurs
Rafaela Aponte: the world’s richest self-made woman
07.05.2024
Dewar
Investors and Entrepreneurs
Thomas Dewar: the story of Dewar’s whisky brand heyday
05.07.2021
Jim Rogers
Investors and Entrepreneurs
Jim Rogers: a talented investor who knows how to enjoy life
16.01.2021
John Templeton
Investors and Entrepreneurs
John Templeton: renowned investor and respected philanthropist
27.08.2024

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics