C lóvis Ermírio de Moraes is a Brazilian billionaire and an heir to the Votorantim Group, one of Latin America's largest and most diversified privately held industrial conglomerates. He is a son of José Ermírio de Moraes, who built the company founded by his father-in-law into an industrial powerhouse. The group's vast holdings span a wide range of sectors, including cement, metals (aluminum and zinc), energy, pulp and paper, and orange juice.
Clóvis is part of the third generation of the Ermírio de Moraes family, which collectively owns the entire conglomerate. His stake, along with those of his siblings and cousins, constitutes one of Brazil's largest family fortunes. While he has served on the company's board in the past, he is not involved in the day-to-day executive management, which is run by professional non-family members. His wealth is derived from his inherited stake in this enduring and powerful industrial legacy.
Advertisement