In the News: More Money Going Overseas

Forbes reports that the world’s forty-eighth largest billionaire, Jorge Paulo Lemann from Brazil, is also one of Anheuser Busch’s largest shareholders. The World's Billionaires #48...

Forbes reports that the world’s forty-eighth largest billionaire, Jorge Paulo Lemann from Brazil, is also one of Anheuser Busch’s largest shareholders.

The World's Billionaires
#48 Jorge Paulo Lemann
03.10.10, 06:00 PM EST
Smart investment in a Brazilian brewer in 1989 put Lemann on the path to his current status: one of the largest shareholders of Anheuser-Busch Inbev, the world's biggest brewer.

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Net Worth: $11.5 bil
Fortune: Self Made
Source: beer
Age: 70
Country Of Citizenship: Brazil
Residence: Sao Paulo
Education: Harvard U, Bachelor of Arts / Science
Marital Status: Married, 5 children

Smart investment in a Brazilian brewer in 1989 put Lemann on the path to his current status: one of the largest shareholders of Anheuser-Busch Inbev, the world's biggest brewer. Group was formed in Nov. 2008 when Inbev acquired Anheuser-Busch for $52 billion. Shares control of beer behemoth with his former investment banking partners (and fellow Brazilian billionaires) Marcel Telles and Carlos Alberto Sicupira, as well as with the Belgian families who controlled Inbev's predecessor, Interbrew. The Brazilian trio also controls retailer Lojas Americanas. His first big success was at investment bank Banco Garantia, which he founded 1971 and sold to Credit Suisse First Boston in 1998 for $675 million. Tennis player, once played in Wimbledon. Donated $16.5 million to University of Illinois, set up Lemann Institute for Brazilian Studies.

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Next time you find yourself in a bar or package store, remember to DRINK YOUR PART. YOU BUY A CASE, WE BUILD A BREWERY. Let's bring our brewery back to New England!!

Hi Neighbor, Have a Gansett!!

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