Portrait of Jose Ermirio de Moraes Neto

Rank #2672

Jose Ermirio de Moraes Neto

Net worth $1.5B

Diversified · Brazil

Born
Jun 17, 1952
Age
73
Source
Diversified
Residence
Sao Paulo
Citizenship
Brazil
Marital status
Married
Children
3
Education
Master of Business Administration, Fundacao Getulio Vargas

Net worth over time

Biography

  • Jose Ermirio de Moraes Neto is an heir to Grupo Votorantim, a Brazilian family-owned industrial conglomerate.
  • His grandfather and namesake, Jose Ermirio de Moraes, founded Grupo Votorantim in 1918.
  • The company does business in more than 20 countries in the aluminum, pulp and paper, energy, banking and cement industries.
  • Jose Ermirio inherited an 8% stake in the company after his father, Jose Ermirio de Moraes Filho, died in 2001.
  • He previously appeared on Forbes' billionaires list in 2014; his siblings Jose Roberto Ermirio de Moraes and Neide Helena de Moraes also inherited stakes.