Abilio dos Santos Diniz
Sao Paulo, Brazil
Bachelor of Arts/Science, Fundacao Getulio Vargas
Brazil
retail
$3,300,000,000
715
#715 Billionaires 2019
Retail tycoon Abilio dos Santos Diniz's father, a Portuguese immigrant, founded Grupo Pao de Acucar in 1948 in Brazil.Under Diniz's management, Pao de Acucar became Brazil's largest retailer. In 2012, he sold a stake to French supermarket operator Groupe Casino.Within a year, the relationship with the French partners went sour; Diniz ceded control of Grupo Pao de Acucar to Casino in September 2013.In 2016, he became a significant shareholders of Carrefour SA, Casino's competitor. He also chairs meat processor Brasil Foods.
He is an avid fan of Sao Paulo FC, one of Brazil's most followed soccer teams, and often blogs and tweets about the performance of the team.
82
6
Add a review