Rank #1279
Mário Araripe
Net worth $3.4B
Energy · Brazil
- Born
- Dec 20, 1954
- Age
- 71
- Source
- Energy
- Residence
- São Paulo
- Citizenship
- Brazil
- Marital status
- Divorced
- Children
- 4
- Education
Net worth over time
Biography
- Mario Araripe founded Brazil's largest renewable energy developer Casa dos Ventos, meaning "House of the Winds," in 2007.
- Araripe is the majority owner of the privately held company and currently shares its leadership roles with his son Lucas Araripe.
- Before turning to renewables, he helmed companies in the real estate, textile, and car industries; in 2006, he sold off-road vehicle manufacturer Troller to Ford.
- French company TotalEnergies acquired a 34% stake in Casa dos Ventos' energy generation portfolio in 2023, with the joint venture valued at over $2 billion.
- Casa dos Ventos' developments account for one-third of all Brazilian wind farms currently in operation.
- Raised in the northeastern state of Ceará, Araripe returned to the windy plateaus of his homeland to develop Casa dos Ventos' first projects.