Jorge Paulo Lemann (born August 26, 1939, in Rio de Janeiro) is the third wealthiest individual in Brazil (ranked number 64 in the world, number 48 by Forbes with an estimated self made fortune of USD$ 11.5 billion in 2010.
Jorge Paulo Lemann was born in Brazil during 1939 to Swiss immigrants. He received his Bachelors degree from Harvard University in Economics in 1961. From 1961 to 1962 he worked as trainee at Credit Suisse.
In 1971 he and three partners founded the Brazilian investment banking firm Banco Garantia. Undaunted by a horrific market crash that came only weeks later, Lemann was eventually able to build Garantia into one of the country's most prestigious and innovative investment banks, described in Forbes as "a Brazilian version of Goldman Sachs."
Later he and his partners bought control of a Brazilian brewery that eventually became AmBev. In 2003 AmBev had a pretax profit margin of 35 percent on sales of USD $2.7 billion. It controlled 65 percent of the Brazilian beer market and almost 80 percent of Argentina's, with monopoly positions in Paraguay, Uruguay, and Bolivia
References
1. http://en.wikipedia.org/wiki/Jorge_Paulo_Lemann
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