Mexican Billionaires Beat Brazilians In Wealth
Wealth-X Unveils Top 10 Wealthiest Latin Americans List
SINGAPORE, Jan. 30, 2013 /PRNewswire/ -- Wealth-X, the ultra high net worth (UHNW) business development solution for Global Private Banks, Luxury Brands, Educational Institutions and Non-Profits, has released a list of the top 10 wealthiest Latin Americans.
Carlos Slim remains at the top of the list with a net worth of US$78.9 billion. Coming in second is Jorge Lemann, co-founder of 3G Capital, with a net worth of US$19.2 billion. Alberto Bailleres Gonzalez, owner of Grupo Bal, is ranked third with a net worth of US$19.1 billion.
| Rank
|
Name
|
Position
|
Company
|
Net Worth |
Country
|
| 1 |
Carlos Slim |
Founder |
Grupo Carso |
78.9 |
Mexico |
| 2 |
Jorge Lemann |
Co-Founder |
3G Capital |
19.2 |
Brazil |
| 3 |
Alberto Bailleres Gonzalez |
Owner |
Grupo Bal |
19.1 |
Mexico |
| 4 |
Luis Carlos Sarmiento |
Chairman |
Grupo Aval Acciones y Valores |
16.7 |
Colombia |
| 5 |
Eike Batista |
Chairman |
EBX |
14.7 |
Brazil |
| 6 |
Dirce Camargo |
Owner |
Camargo Correa |
14.1 |
Brazil |
| 7 |
Joseph Safra |
Chairman |
Safra Group |
11.6 |
Brazil |
| 8 |
Marcel Telles |
Co-Founder |
3G Capital |
8.4 |
Brazil |
| 9 |
Carlos Alberto Sicupira |
Co-Founder |
3G Capital |
7.2 |
Brazil |
| 10 |
Ricardo Salinas Pliego |
Chairman |
Grupo Salinas |
6.8 |
Mexico |
The collective net worth of the top 10 wealthiest Latin Americans is US$196.7 billion, of which Mexican billionaires hold 53.3%.
Despite the wealth dominance of Mexican billionaires, they lag Brazil in UHNW population numbers. Brazilian billionaires represent 60% of the UHNW individuals (UHNWIs) on the list compared to Mexican UHNWIs who comprise 30%.
Commenting on the list, Wealth-X CEO, Mykolas D. Rambus said, "While most valuations of Latin American wealth are based on family holdings, this list captures the wealth of individuals, resulting in the absence of famous names. For example, Iris Fontbona, a noted UHNWI in Chile, failed to make the list."
"We expect to see exponential growth in intergenerational wealth transfers in Latin America as ageing UHNWIs and a tradition of close family connections shape wealth trends in the region," Mr. Rambus added.
For the full list and supplemental analysis, please visit: http://www.wealthx.com/articles/2013/top-10-wealthiest-latin-americans-list
About Wealth-X
Wealth-X provides detailed intelligence on ultra high net worth (UHNW) individuals globally. The firm's Wealth-X Professional solution is the standard for banking, marketing and not-for-profit professionals working with the ultra affluent. Wealth-X is headquartered in Singapore with offices in all major financial centres.
For more information about Wealth-X, please visit: www.wealthx.com
SOURCE Wealth-X
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