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Richest People in Brazil 2014 | Top 10

3Marcel Herrmann Telles – Net worth – $11.8 billion

With a net worth of $11.8 billion, Marcel Herrmann Telles ranks #3 on our top list.
Same as his colleague, Carlos Alberto Sicupira, he owes much of his wealth to his controlling shares in the world’s largest beer company, Anheuser-Busch InBev.

The trio formed in the 1970s a Rio de Janeiro brokerage that became one of the Brazil’s biggest investment banks.
In 1998, they sold it to Credit Suisse for a reported $675 million.

The billionaire, who has an MBA from Harvard University, controls publicly trated retailer Lojas americanas and Sao Carlos Empreendimentos e Participacoes S.A.

NEXT: #2 Joseph Safra

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