Brazil has 70 billionaires in Forbes' annual list; see the ten richest
The annual Forbes billionaire ranking reveals that Brazil has 70 billionaires, with Eduardo Saverin topping the list for the third consecutive year with a fortune of $35.9 billion.
The latest annual ranking of billionaires by Forbes shows that Brazil is home to 70 billionaires, a notable figure that includes several individuals who have made significant impacts in various industries. Eduardo Saverin, a co-founder of Facebook, has retained his position at the top for the third year in a row, boasting a net worth of $35.9 billion, which reflects an increase from the previous year. Saverin's success is closely tied to his early investments and the evolution of tech companies.
The list features prominent names such as members of the Moreira Salles family, renowned for founding Unibanco (now part of ItaΓΊ), as well as figures like AndrΓ© Esteves from BTG Pactual, Jorge Paulo Lemann, and Carlos Alberto Sicupira. A significant portion of the top ten billionaires operates in sectors related to banking and investments, underscoring the financial sector's dominance in Brazil's wealth distribution. The rankings are determined based on stock prices as of March 1st and account for various assets including real estate and art collections.
Saverin's journey began at Harvard in 2004, where he co-founded Facebook with Mark Zuckerberg among others. His wealth increase from $34.5 billion to $35.9 billion from 2025 to 2026 is indicative of the broader trends in both technology and investment sectors in Brazil. The continual rise of billionaires in Brazil highlights economic disparities and the concentration of wealth within specific industries, raising discussions about equality and financial policy in the country.