Rank #850
Wesley Batista
Net worth $5.1B
Beef packing · Brazil
- Born
- Dec 08, 1972
- Age
- 53
- Source
- Beef packing
- Residence
- Sao Paulo
- Citizenship
- Brazil
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Wesley 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, founded a small butcher shop in central Brazil in 1953. It grew by acquiring slaughterhouses in the region.
- Wesley and his brother Joesley took control in the 2000s, leading JBS's 2007 acquisition of U.S. pork and beef processor Swift & Co. for $225 million.
- His son, Wesley Batista Filho, became a director in the company's U.S. division in May 2023.
- In 2017 Wesley 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 to atone for their role in a large corruption scandal.
Financial assets
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