Portrait of Itamar Locks & family

Rank #2719

Itamar Locks & family

Net worth $1.4B

Agribusiness · Brazil

Born
Jan 01, 1955
Age
71
Source
Agribusiness
Residence
Rondonopolis
Citizenship
Brazil
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • Itamar Locks is the son-in-law of Lucia Maggi, who cofounded Andre Maggi Group with her late husband, Andre Maggi.
  • Amaggi is one of Brazil's largest producers of soybeans and other commodities.
  • Lucia Maggi cofounded the business with her husband in 1977 and took over as majority shareholder after he died in 2001.
  • After Andre Maggi died in 2001, his son Blairo Maggi took over as the chief executive of the company.
  • Locks is one of the controlling shareholders of Amaggi, along with Blairo Maggi, and Hugo de C. Ribeiro.
  • Locks previously served as the president of the agricultural division of Amaggi.
  • Amaggi produces approximately 1.2 million tons of soy, corn, and cotton in Brazil each year.