Joesley Batista
$4.7B
Born
Feb 05, 1972
Age
53
Source of Wealth
Beef processing
Residence
Sao Paulo,
Citizenship
Brazil
Marital Status
Married
Children
4
Education
- Joesley Batista is one of two billionaire brothers who control publicly traded JBS S.A., one of the world's largest meat processing companies.
- Their father, Jose Batista Sobrinho, started the business with a small butcher shop in Anapolis, in central Brazil. It grew by acquiring slaughterhouses in the region.
- Joesley and his brother Wesley took control of JBS in the 2000s, leading to its 2007 acquisition of U.S. pork and beef processor Swift & Co. for $225 million.
- He led the international expansion of JBS and and its main agricultural business, which became one of the biggest in Brazil.
- In 2017 Joesley was arrested as part of a large Brazilian bribery probe and reportedly held for six months.
- In May 2017, the brothers agreed to pay a $3.2 billion fine to Brazilian authorities because of their role in a large corruption scandal.
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