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Itamar Locks & family

Itamar Locks & family

I. family
0.63% | + $6.76M
$1.38 B ₹ 12,717 Cr
Real Time Net Worth #2761 Ranking as of 16 Mar 2026 By Forbes

More on Itamar Locks & family

Gender

Male

Age

71Y

Country

Brazil

Born On

January, 1955

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth

Primary Organization

Amaggi

Titles

Shareholder

Sources of Wealth

Amaggi

Industry

Agriculture, Commodities, Farming

About Itamar Locks & family


I tamar Locks is a Brazilian billionaire whose family is a key shareholder in Amaggi, one of the world's largest producers of soybeans and other agricultural commodities. The company was founded by his late father-in-law, André Maggi, who was known as the "Soy King." After his death, his widow, Lucia Maggi, and their children inherited the massive agribusiness conglomerate.

Itamar is married to one of André Maggi's daughters and is a key member of the controlling family. Amaggi is a giant in the Brazilian agricultural sector, with operations spanning farming, commodity trading, logistics, and energy generation. His wealth is derived from his family's significant ownership stake in this powerful and privately held agribusiness enterprise. His brother-in-law, Blairo Maggi, is a former governor and Minister of Agriculture and the public face of the family.

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Quick Reads


  • A key member of the controlling family of the Brazilian agribusiness giant, Amaggi.
  • His late father-in-law, André Maggi, founded the company.
  • Amaggi is one of the world's largest producers and traders of soybeans.
  • His wife is one of the heiresses to the "Soy King's" fortune.
  • His brother-in-law, Blairo Maggi, is a major political figure in Brazil.

Early Life and Background


Itamar Locks is a Brazilian businessman, the billionaire Co-owner and a controlling shareholder of Amaggi Group, one of Brazil's largest producers of soybeans, corn, and cotton, and a leader in agribusiness, logistics, and energy. His wealth is generational, tied to the Maggi family fortune, founded by his father-in-law, André Maggi, in 1977.

Locks is the son-in-law of Lucia Maggi, who co-founded the Amaggi Group. His career is rooted in agribusiness and farming, specializing in the industrial scale and logistics of large-scale commodity production. His philosophy centers on persistence, discipline, and vertical integration across the entire agribusiness supply chain.

  • Amaggi Group (Controlling Shareholder): The core private asset, one of Brazil's largest producers of soybeans, corn, and cotton, with interests in agro, logistics, and energy.
  • Agribusiness Scale: The company produces approximately 1.2 million tons of soy, corn, and cotton in Brazil each year.
  • Family Governance: He is one of the controlling shareholders, along with Lucia Maggi (co-founder) and Blairo Maggi (former CEO).
  • Executive Role: He previously served as the president of the agricultural division of Amaggi.

Career Journey of Itamar Locks & family


Itamar Locks's strategic leadership involves managing the immense agricultural and logistical operations of the Amaggi Group. His structural contribution is tied to the successful vertical integration of the company, which controls the process from farming and agro-inputs to logistics and commodity trade. The company successfully became a global leader in sustainable commodity production (a core focus of the company's governance).

He previously served as the president of the agricultural division of Amaggi. He is one of the controlling shareholders and guides the strategic direction alongside the other family members. His wealth is secured by the colossal, long-term, stable profitability of the agribusiness and commodity export sector in Brazil, which is critical to the national economy.

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Itamar Locks & family's Timeline


1977:

Amaggi Group is co-founded by his father-in-law, André Maggi (Founding).

2001:

His father-in-law dies; Lucia Maggi takes over as majority shareholder (Succession).

Ongoing:

Itamar Locks serves as president of the agricultural division (Executive Ascent).

Ongoing:

Continues as a controlling shareholder, guiding the group's massive agribusiness operations (Executive Oversight).

Major Business Ventures and Investments


Itamar Locks's wealth is concentrated in his controlling equity stake in the private agribusiness giant, Amaggi Group.

  • Amaggi Group (Controlling Shareholder): The core private asset, one of Brazil's largest producers of soybeans, corn, and cotton, with interests in agro, logistics, and energy.
  • Agribusiness Scale: The company produces approximately 1.2 million tons of soy, corn, and cotton in Brazil each year.
  • Family Governance: He is one of the controlling shareholders, along with Lucia Maggi (co-founder) and Blairo Maggi (former CEO).
  • Executive Role: He previously served as the president of the agricultural division of Amaggi.

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Philanthropy and Social Impact


Itamar Locks's social impact is structural, stemming from Amaggi Group's role as a massive agricultural employer and foundational supplier of essential global commodities (soybeans, corn, cotton). The company is a key contributor to Brazil's massive agri-export economy.

His personal philanthropy supports various community and educational initiatives. His structural contribution is tied to the successful industrialization and logistical efficiency of large-scale farming operations in Mato Grosso and Maranhão (from related searches).

Fashion, Style, and Lifestyle


Itamar Locks maintains the professional, composed style of a Brazilian executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects stability and serious authority, blending his farming background with his mastery of agri-finance and logistics.

Residing in Rondonópolis, Brazil, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to agribusiness scale, technological efficiency, and the long-term management of his essential commodity empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is a controlling shareholder of Amaggi Group, one of Brazil's largest producers of soybeans and corn.
  • The company produces 1.2 million tons of commodities annually.
  • He is the son-in-law of Lucia Maggi, the co-founder.
  • He previously served as the president of the agricultural division.
  • Amaggi's structural strength lies in its vertical integration across farming, logistics, and energy.
  • His wealth is tied to the long-term, stable global demand for agricultural commodities.
  • He holds a wealth estimated in the billions of dollars (2025 estimate).

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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