Antonio Ermirio De Moraes is a Brazilian tycoon and self-made billionaire. He has an estimated net worth of $11.46 billion and is currently ranked as the 3th richest person in Brazil after Jorge Paulo Lemann ($17 Billion) and Joseph Safra (15.13 Billion). Moraes currently serves as the Chief Executive Officer and Chairman of Votorantim Group, which is a privately-owned Brazilian conglomerate. In the past, it was reported that the Moraes family owned about 25% of all Votorantim Group, but a recent appraiser revealed that the family actually owns almost the whole company.
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The Votorantim Group owns, holds and manages significant shares in everything from iron, oil and cement, to paper, food and private finance. Moraes also serves as the President of Hospital da Beneficencia Portuguesa, which is a health facility that serves members of the Sao Paulo’s population that are poor and underprivileged. Besides being a highly successful businessman, Moraes is also a prolific writer. He has published numerous articles and editorials in various notable national newspapers and magazines. In the mid 80s, this self-made billionaire ran for governor but was unsuccessful. He however remained actively involved in politics with a focus on enhancing health care and creating job opportunities.