One of Brazil’s wealthiest men to invest on São Paulo Football Club

With a fortune valued at over US$15.4 billion, Brazilian economist and businessman Jorge Paulo Lemann may be moving into Brazilian soccer.

In 2019, Forbes magazine considered Jorge Paulo the second richest man in Brazil, with a fortune valued at US$22.8 billion.

According to local sources, the billionaire may now be São Paulo Football Club’s newest investor. Lemann is also the founder of AmBev and 3G Capital.

It is not news that São Paulo is in the market searching for new partnerships for the future. The club does not consider becoming a company but finding a large investor, similar to what Unimed was for Fluminense a few years ago.

Lemann traveled to Italy with São Paulo’s president, Júlio Casares, and Abilio Diniz, his personal friend and, above all, a fan of the São Paulo club.

On social networks, the São Paulo fans seem to be very excited about the possibility. The City Group, the owner of Manchester City and many other clubs worldwide, is also linked to the São Paulo soccer giant.

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