Portrait of Lirio Parisotto

Rank #1535

Lirio Parisotto

Net worth $2.8B

Investments · Brazil

Born
Dec 18, 1953
Age
72
Source
Investments
Residence
Manaus
Citizenship
Brazil
Marital status
Divorced
Children
1
Education

Net worth over time

Biography

  • In 1988 Lirio Parisotto founded Videolar, a video and audiotape company, invested the profits in the stock market and built a fortune.
  • His portfolio runs the gamut from banking, electricity and mining to steel companies. He avoids IPOs and favors stocks that pay high dividends.
  • In addition, he owns bonds, real estate, and a majority of Videolar, which merged with Innova to manufacture and market petrochemical products.
  • Innova operates three high-tech industrial facilities: two in Brazil's Amazon region of Manaus and one in southern Brazil.
  • He has 11 siblings, holds a degree in medicine and also spent time in a monastery.