IBOV 183,827.59 ▲ 0.46% IPSA 11,055.91 ▼ 0.73% IPC MEX 64,944.41 ▼ 0.07% MERVAL 2,782,561 ▼ 0.59% COLCAP 2,558.92 ▼ 0.79% BVL PERÚ 60,220.45 ▲ 0.32% USD/BRL5.18▼ 0.87% USD/MXN18.03▲ 0.22% USD/CLP972.08▲ 0.38% USD/COP3,323▲ 0.62% USD/PEN3.44▼ 0.05% USD/ARS1,524▼ 0.05% USD/UYU40.27▲ 3.67% USD/PYG5,843▲ 2.30% USD/BOB11.96▲ 0.45% USD/DOP59.27▲ 2.75% USD/CRC452.68▲ 2.68% USD/GTQ7.64▲ 3.13% USD/HNL26.87▲ 3.23% USD/NIO36.62▲ 2.65% USD/VES855.74▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.70▲ 1.64% EUR/BRL5.88▼ 0.27% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 183,827.59 ▲ 0.46% IPSA 11,055.91 ▼ 0.73% IPC MEX 64,944.41 ▼ 0.07% MERVAL 2,782,561 ▼ 0.59% COLCAP 2,558.92 ▼ 0.79% BVL PERÚ 60,220.45 ▲ 0.32% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Tuesday, September 29, 2026

Lemann loses position as Brazil’s biggest billionaire to Vicky Safra, says Forbes

By · April 5, 2023 · 3 min read

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Argentina gives Britain two weeks over Falklands oil”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

For the first time, Vicky Safra, 70, and her four children occupy the top of the list of Brazilian billionaires, released by Forbes on Tuesday (4).

The fortune they inherited from banker Joseph Safra, who died in 2020, rose from US$7.4 billion to US$16.7 billion, according to the magazine.

Previously, the list was headed by Jorge Paulo Lemann, founder of 3G Capital, the investment fund behind the world’s largest brewer AB InBev and food maker Kraft Heinz.

Free daily brief — no card needed
Get every Brazil story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.
Vicky Safra, the widow of banker Joseph Safra’s estate more than doubled in one year
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Forbes estimates Lemann’s wealth at US$15.8 billion, up from US$15.4 billion last year.

The other partners of the 3G fund are Marcel Herrmann Telles (US$10.6 billion), Carlos Alberto Sicupira (US$8.6 billion), and Alexandre Behring (US$5.2 billion), who appear, respectively, in the third, fifth, and sixth positions in the Forbes ranking.

Lemann, Telles, and Sicupira are key shareholders of Lojas Americanas, which is facing a crisis after the revelation of a billionaire cash hole.

The case led Americanas to go into receivership.

Fourth on the list is the Brazilian founder of Facebook, Eduardo Saverin, with an estimated net worth of US$10.2 billion.

Forbes says it calculates the fortunes of billionaires based on stock prices and currency exchange rates.

The current list is based on March 10.

“Some people get richer or poorer within days of publication,” the publication explains.

THE TEN RICHEST PEOPLE IN BRAZIL

The magazine identified 51 Brazilian billionaires among 2,640 people with over US$1 billion fortunes worldwide.

Vicky Safra is ranked 100th on the global list, and Lemann 108th.

Top 10 billionaires in the country:

  1. Vicky Safra and family: US$16.7 billion
  2. Jorge Paulo Lemann and family: US$15.8 billion
  3. Marcel Herrmann Telles: US$10.6 billion
  4. Eduardo Saverin: US$10.2 billion
  5. Carlos Alberto Sicupira: US$8.6 billion
  6. Alexandre Behring: US$5.2 billion
  7. André Esteves: US$4.7 billion
  8. João Moreira Salles: US$4.1 billion
  9. Walther Moreira Salles Junior: US$4.1 billion
  10. Jorge Moll Filho and family: US$3.9 billion

The world’s billionaires have a combined net worth of US$12.2 trillion, a US$500 billion drop from what was recorded in 2022 (US$12.7 trillion).

Americans lead in the number of billionaires, with 735 list members.

The Chinese come in second, with 522 representatives, followed by India, with 169.

The chief executive of luxury goods holding company LVMH, Bernard Arnault, with a fortune of US$211 billion, has unseated Elon Musk, of Tesla and Twitter, from the position of the richest person in the world.

The conglomerate is behind the Louis Vuitton and Moët et Chandon brands.

It is the first time a Frenchman has taken the top spot.

Musk’s net worth has fallen from US$219 billion to US$180 billion after he purchased Twitter for above market value and the fallout from social media scandals devaluing Tesla’s shares.

THE TEN RICHEST PEOPLE IN THE WORLD

  1. Barnard Arnault and family
  2. Elon Musk
  3. Jeff Bezos
  4. Larry Ellison
  5. Warren Buffet
  6. Bill Gates
  7. Michael Bloomberg
  8. Carlos Slim Helu and family
  9. Mukesh Ambani

With information from Follha de S. Paulo

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.