Mario Brescia Cafferata (Deceased)

Mario Brescia Cafferata Net Worth : $1.8 Billion

Mario Brescia Cafferata is a Peruvian billionaire and one of the wealthiest men in the world who has an estimated net worth of $1.8 billion. Mario made his way into the coveted list of billionaires by being one of the 2 leaders of a group of companies which is known as Grupo Brescia. The company also has a stake in one of the largest banks in Peru, BBVA Continental. 

Mario Brescia Cafferata

Mario along with his brother took control of the company which was founded by their father, Fortunato Brescia Tassano. When their father died in 1951, they immediately took full control of the company. What started as a real estate company under Fortunato diversified into a number of other businesses such as mining, agriculture, fish products & cement. In 1969 the agricultural division of the company was taken over by the Peruvian government while in 1973, the fishery business was expropriated. 

The firm bounced back and regained a foothold in the fish products business with the help of TASA. At present it is one of the largest producers of fish oil in the world. Mario‚Äôs son owns around 40% of Grupo Breca. It is also the owner of the mining firm Minsur which has many tin mines in Brazil & Peru. However, it must be noted that Grupo Breca still has some investments in real estate. In fact, it owns the largest hotel chain in Peru. 

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


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)

Wikipedia (Greatest site on earth for lots of information)