Jose Roberto Marinho net worth
Jose Roberto Marinho Net Worth: Jose Roberto Marinho is a Brazilian businessman who has a net worth of $10.1 billion. Jose Roberto Marinho, who shares billionaire status with his two brothers, Joao Roberto Marinho and Roberto Irineu Marinho, controls the privately held Globo Organizations. Today, the largest media empire in Latin America, Globo was founded in 1925 by their father, Roberto Marinho, a journalist and former member of the billionaires club.
After his death in 2003, the media giant passed on to his three sons. Over the years, Globo has grown into Brazil’s largest newspaper company, which through its subsidiary Globosat publishes O Globo and the country’s largest content production and programming television service. While all three siblings are credited for Globo’s rise, Jose Roberto Marinho is also credited for leading the family’s philanthropy, the Roberto Marinho Foundation. It supports various educational and cultural causes and enjoys free publicity from Globo subsidiaries. In addition to dominating the media market, Globo has also been subject to controversies and allegations of corruption, notably the cost of the 2014 FIFA World Cup. Regarding the latter, the company is said to have sold all of its broadcast sponsorship packages for an estimated value of over $1 billion.
