Santa Catarina family has seven billionaire grandchildren on the Forbes list; meet the Voigts, heirs of WEG
The Voigt family, heirs to the Brazilian multinational WEG, boasts seven billionaire grandchildren, all of whom are shareholders in the company.
The Voigt family, known for being significant shareholders of WEG, a multinational electrical equipment manufacturer based in Santa Catarina, Brazil, has made headlines with the revelation that seven of its grandchildren are considered billionaires according to Forbes. These young billionaires, aged between 20 and 40, have individual stakes in the company, showcasing the wealth generated by their family's business endeavors.
Among these billionaires are twins Felipe and Pedro, aged 23, and their sister Amelie, who, at just 20 years old, holds the title of the youngest billionaire in the world, being slightly younger than the second youngest, Johannes von Baumbach, a German pharmaceutical heir. The family's prominence in the corporate world is highlighted by their connection to WEG, founded by Werner Ricardo Voigt along with partners Eggon JoΓ£o da Silva and Geraldo Werninghaus in JaraguΓ‘ do Sul. While the other shareholders' heirs were not mentioned, the focus remains on the Voigt grandchildren and their substantial fortunes.
Financially, WEG reported a net operating revenue of R$ 10.2 billion in the last quarter, reflecting a 5.3% decrease compared to the same period in 2024, with an EBITDA of R$ 2.292 billion. This performance provides insight into the company's economic health and the generational transition within the Voigt family, emphasizing the ongoing legacy and impact of WEG in the industry and highlighting shifts related to young billionaires emerging in Brazil's corporate landscape.