Basic Information About Joao Alves de Queiroz Filho
| Category | Business › Billionaires |
|---|---|
| Net worth | $1,600,000,000 |
| Social Media | ↗︎ Wikipedia |
Joao Alves de Queiroz Filho Net Worth
$1,600,000,000
Joao Alves de Queiroz Filho, also known as Junior, is a famous Brazilian consumer goods magnate. With a net worth of $1.6 billion, he serves as the Chairman and CEO of Hypermarcas SA, a Brazilian conglomerate that holds the major portfolio of consumer brands in Brazil, including cleaning supplies, drugs, food, personal hygiene, and beauty products.
Key facts:
- Joao Alves de Queiroz Filho, also known as Junior, is a Brazilian consumer goods magnate.
- He serves as the Chairman and CEO of Hypermarcas SA, a Brazilian conglomerate.
- Queiroz started his successful career with Arisco, a cleaning product company founded by his father in 1969.
- In 200, he sold Arisco to Bestfoods for $760 million and then founded Hypermarcas in the following year.
- Hypermarcas is a major player in the consumer industry in Brazil and holds a diverse portfolio of brands in cleaning supplies, drugs, food, personal hygiene, and beauty products.
- The company has five industrial complexes with 13 different production lines based in Sao Paulo, Santa Catarina, Rio Grande do Sul, and Goias.
- Similar to Unilever, Hypermarcas has achieved its growth through product launches, brand renovation, acquisitions, and leveraging the partnership with Brazilian celebrities.
- In addition to Hypermarcas, Queiroz also has interests in other companies, including Burger King which he purchased in 201 along with Brazilian billionaires Marcel Herrmann Telles, Carlos Alberto Sicupira, and Jorge Paulo Lemann.
- He is also a board member of the Remuneration committee.
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