Emilio Pereira de Moras net worth
Emilio Pereira de Moras Net Worth: Ermirio Pereira de Moraes is a Brazilian entrepreneur with a net worth of $4.1 billion. Entering the billionaire ranks this year, he controls family business Grupo Votorantim, the fifth-largest diversified industrial group in Latin America. He inherited his share in the business from his father, Jose Ermirio de Moraes, who established a textile factory in São Paulo in 1918.
Today, the group is active in more than 20 countries in various industries such as aluminium, pulp and paper, energy and cement. According to a 2012 report, Grupo Votorantim had $10.5 billion in sales that year. Half of these revenues come from the cement business, which is taking off as Brazil prepares for the 2014 FIFA World Cup and the 2016 Summer Olympics. Ermirio Pereira de Moraes and his family control 100% of the business. de Moraes is a graduate of the University of Tulsa, Oklahoma, and a member of the Advisory Board of the Brazilian NGO AACD, which treats children with disabilities.
