Name
Lirio Parisotto
Lirio Parisotto
Manaus, Brazil
Brazil
investments, Self Made
$1,400,000,000
1511
#1511 Billionaires 2019
In 1988 Lirio Parisotto founded Videolar, a video and audiotape company, invested the profits in the stock market and built a fortune. His portfolio runs the gamut from banking, electricity and mining to steel companies. He avoids IPOs and favors stocks that pay high dividends. In addition, he owns bonds, real estate, and a majority of Videolar, which merged with Innova to manufacture and market petrochemical products.Innova operates four high-tech industrial facilities: three in Brazil's Amazon region of Manaus and one in southern Brazil.
He has 11 siblings, holds a degree in medicine and also spent time in a monastery.
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