Francisco Ivens de Sa Dias Branco

Francisco Ivens de Sa Dias Branco is a Brazilian entrepreneur, who serves as the Chief Executive Officer and Chairman of M. Dias Branco S.A, which is a leading cooking and pasta maker in Brazil. Francisco also owns about 63% of the company that was founded by his father, Manuel Branco, in the 1940s. In the 1990s, the company had started to mill its own wheat. Currently, the company holds just about 50% market share all over the country.

Read also : Richest People In Brazil

francisco ivens de sa dias branco

Besides his large ownership of M. Dias Branco S.A, Francisco also owns a real estate in the northeastern Brazilian state of Ceara. The value of the real estate is estimated to be $1 billion. Over the years, Francisco has made an enormous fortune for himself. Currently, his net worth is estimated to be $4.29 billion, which makes him the 10th richest person in Brazil. In fact, he is considered to be the 1st billionaire in the Northeastern region of Brazil.

francisco ivens de sa dias branco

He has also managed to debut in the ranks of the Forbes Magazine’s list of World Billionaires. The 80 plus old self-made billionaire is married to Maria Consuelo Leon Scott Dias Branco, with whom he had 5 children: Maria das Gracas, Maria Regina, Claudio Francisco, Francisco Marcos and Francisco Ivens. All of his children occupy various positions in their family’s company.

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

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