Jorge Paulo Lemann
Name: Jorge Paulo Lemann
Occupation: Finance
Gender: Male
Birth Day: August 26, 1939
Age: 81
Birth Place: Rio de Janeiro, Brazil
Zodiac Sign: Virgo

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Jorge Paulo Lemann

Jorge Paulo Lemann was born on August 26, 1939 in Rio de Janeiro, Brazil (81 years old). Jorge Paulo Lemann is a Finance, zodiac sign: Virgo. Nationality: Brazil. Approx. Net Worth: $23 Billion. With the net worth of $23 Billion, Jorge Paulo Lemann is the # richest person on earth all the time in our database.

Net Worth 2020

$23 Billion
Find out more about Jorge Paulo Lemann net worth here.

Family Members

# Name Relationship Net Worth Salary Age Occupation
#1 Lara Lemann Children N/A N/A N/A
#2 Marc Lemann Children N/A N/A N/A
#3 Kim Lemann Children N/A N/A N/A
#4 Anna Victoria Lemann Children N/A N/A N/A
#5 Jorge Felipe Lemann Children N/A N/A N/A
#6 Lya Lemann Siblings N/A N/A N/A
#7 Susanna Lemann Spouse N/A N/A N/A
#8 Maria de Santiago Dantas Quental Spouse N/A N/A N/A

Physique

Height Weight Hair Colour Eye Colour Blood Type Tattoo(s)
N/A N/A N/A N/A N/A N/A

Biography

Biography Timeline

1939

In 1939, Lemann was born in Rio de Janeiro to Paul Lemann, a Swiss immigrant who founded the dairy manufacturer, Leco, and Anna Yvette Truebner, a Brazilian of Swiss origin. Lemann attended the American School of Rio de Janeiro.

1953

His father died in a bus accident in 1953, when Lemann was 14.

1961

In 1961, he received a bachelor's degree in economics from Harvard University. According to Lemann's own admission, he did not enjoy his time at Harvard, stating that "My first year at Harvard was horrible. I was only 17 and I missed the beach and the sun a lot. Boston was too cold for me. It was my first time in the USA and I was not used to study or to write; we have to write a lot in Harvard. My grades were the worst possible." After setting off fireworks on the last day of his freshman year, he was reprimanded and considered dropping out, but ultimately decided to stay on.

From 1961 to 1962, he worked as a trainee at Credit Suisse in Geneva. In 1966, the first company in which Lemann had equity interest, a lending company called Invesco, went bankrupt. Lemann had a 2% equity stake. In 1971, Lemann, Carlos Alberto Sicupira and Marcel Herrmann Telles founded the Brazilian investment banking firm Banco Garantia. Undaunted by a market crash that came only weeks later, Lemann was eventually able to build Garantia into one of the country's most prestigious and innovative investment banks, described in Forbes as "a Brazilian version of Goldman Sachs." Lemann and his partners now help to control AB Inbev as members of its board of directors.

1962

Lemann always wanted to become an inventor. As a kid he admired Thomas Edison. He built different machines but they usually did not work out. Lemann was also an avid tennis amateur. He won the Brazilian national tennis championship five times. He participated in the Davis Cup twice, once as part of the Swiss Davis Cup team and once on behalf of the Brazilian team, and also played at Wimbledon in 1962.

1990

From 1990 to 2001, he served as a member of the board of directors of Companhia Cervejaria Brahma. Lemann is a director of Endeavor's Brazil office. Endeavor is an international non-profit development organization that finds and supports high-impact entrepreneurs in emerging markets. Later he and his partners, who founded private equity company GP Investimentos, bought control of two Brazilian breweries (Brahma beer and Companhia Antarctica Paulista) that became AmBev. In 2003 AmBev had a pretax profit margin of 35 percent on sales of US$2.7 billion. By 2004, it controlled 65 percent of the Brazilian beer market and almost 80 percent of Argentina's, with monopoly positions in Paraguay, Uruguay, and Bolivia.

1994

In 1994, he suffered a heart attack, at age 54. Following the Asian financial crisis, Banco Garantia was sold to Credit Suisse First Boston in July 1998 for $675m.

1999

In 1999, several gunmen attempted to kidnap his children on their way to school. The incident prompted Lemann to relocate permanently to Switzerland. According to a report," his children still attended school that day and Lemann was only a little late to the office."

2004

AmBev merged with Interbrew of Belgium in August 2004. The stock of the combined firm, InBev, rose 40 percent during 2005. InBev then announced it would buy the American brewer Anheuser-Busch in 2008 for $46 billion in a highly controversial deal, making it the world's largest brewer, Anheuser-Busch Inbev (abbreviated as AB Inbev) securing Lemann's status as one of the new "Kings" of beer.

2010

Lemann is a co-founder of Brazilian investment firm 3G Capital, which owns brands such as Burger King, Anheuser-Busch and Heinz. In September 2010, 3G launched a $4 billion bid, at a 45% premium over market, for all the stock of Burger King. "3G was advised in the BK offer by Lazard, JPMorgan Chase, Barclays Capital and the law firm Kirkland & Ellis. 3G already has some experience in burgers and fries, having previously invested in Wendy's." Together with Berkshire Hathaway, 3G Capital acquired the H. J. Heinz Company for $28 billion in 2013. Its new CEO Bernardo Hees is a former manager of Burger King. The same group announced the merger of Kraft Foods with Heinz in March 2015.

🎂 Upcoming Birthday

Currently, Jorge Paulo Lemann is 81 years, 6 months and 6 days old. Jorge Paulo Lemann will celebrate 82nd birthday on a Thursday 26th of August 2021.

Find out about Jorge Paulo Lemann birthday activities in timeline view here.

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