Antonio Ermirio de Moraes
Antonio Ermirio de Moraes (born June 4, 1928, in Sao Paulo) is a Brazilian businessman who is the chairman of the Votorantim Group; one of the country’s largest companies, specialized in metals, paper, cement and frozen orange juice. He is the grandfather of IndyCar Series driver Mario Moraes.
Moraes is also the president of the Hospital da Beneficencia Portuguesa – located in Sao Paulo – which provides 60% of its services to citizens below the poverty line. Recently announced his grandson Artur Freitas as his successor in the presidency. Moraes was recently ranked number 316 on the Forbes list of billionaries, with an estimated fortune of 12.2 billion (ranked number 3 for Brazil).During the course of his career, Moraes has had direct political involvement with campaigns to promote democracy, the betterment of the national health system and the generation of job opportunities[citation needed]. He ran for governor of Sao Paulo State in 1986, but lost the elections. He frequently publishes articles in newspapers and magazines of national circulation and is a member of the Academia Paulista de Letras.
What is Antonio Ermirio de Moraes’ net worth? Antonio Ermirio de Moraes’ net worth is $12.2 billion dollars which makes him one of the richest people in Brazil. Born in Sao Paulo, Brazil, Antonio Ermirio de Moraes is the former Chairman and CEO of Votorantim Group, a family-owned, Brazilian conglomerate. The company operates, owns, and holds significant shares in everything from cement, oil, and iron, to food, paper, and private finance. He is the President of Hospital da Beneficencia Portuguesa, a hospital which serves members of Sao Paulo’s population that are below the poverty line, and he is also a prolific writer, and has published multiple articles and editorials in a number of notable national magazines and newspapers. He ran for governor unsuccessfully in the mid-80s, but has remained actively involved in politics with a focus on improving health care and job opportunities. It was believed that his family owned 25% of Votorantim Group, but after a recent appraisal, it was revealed that they actually own almost all of the company.
