The magazine Forbes Brazil estimates that the 67 Brazilian billionaires lost US$ 7 billion between the 1st and 9th of July. Only the three founders of Ambev (Jorge Paulo Lemann, Marcel Herrmann Telles and Carlos Alberto Sicupira) are responsible for the loss of US$ 1 billion.
The sum total of fortunes dropped from $251.8 billion to $244.8 billion. The magazine takes into account the wealth of Brazilian billionaires and their participation in companies listed on the stock exchange. The total value of the fortunes reflects the stock price variation in the month of July.
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Lemann saw his fortune shrink from $19.5 billion to $18.9 billion over the period under review. Telles’ equity dropped from $13 billion to $12.6 billion; and that of Sicupira went from $10 to $9.7 billion.
The heirs of banker Joseph Safra lost $600 million. As a result, the assets of Vicky Safra and her four children total US$ 15.5 billion, according to the forbes.
Also according to the magazine, the founder of Rede D’Or, cardiologist Jorge Moll Filho lost US$ 400 million.
Last week, Lemann lost the post of richest Brazilian to Eduardo Saverin, co-founder of Facebook. Saverin has an estimated wealth of $19.4 billion and is listed at 95th position in the global rankings. The move comes after Facebook hit $1 trillion in market value last week.
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