Joao Alves De Queiroz Filho Net Worth is$2.1 Billion
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Joao Alves de Queiroz Filho Net Worth: Joao Alves de Queiroz Filho is a Brazilian consumer goods magnate who has a net worth of $2.1 billion. Born in 1952, Queiroz, also known as Junior, serves as the Chairman and CEO of Hypermarcas SA, a Brazilian conglomerate. A graduate of Faculdade Dom Pedro II, he started to earn his wealth with Arisco, a cleaning product company. His father founded the company in 1969, and through the years, it grew into Brazil's leading company in the food sector. Then, in 2000, Queiroz sold the firm to Bestfoods for $760 million, and the next year, he founded Hypermarcas after purchasing steel wool companies all over Brazil. Currently, the company holds the major portfolio of consumer brands in Brazil, including cleaning supplies, drugs, food, as well as personal hygiene and beauty products, and it holds five industrial complexes with 13 diverse production lines, based in Sao Paulo, Santa Catarina, Rio Grande do Sul and Goias. Moreover, Hypermarcas could be best described as a Brazilian version of Unilever, which marked its growth thanks to product launches, powerful brand renovation, acquisitions, and gaining publicity with Brazilian celebrities. In addition to Hypermarcas, Queiroz also has interest in other companies, including Burger King, which he purchased in 2010 a deal led by Brazilian billionaires Marcel herrmann Telles, Carlos Alberto Sicupira and Jorge Paulo Lemann. Moreover, he is a board member of the Remuneration Committee.

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Joao Alves De Queiroz Filho Latest News

HYPE3.SA on Sao Paulo Stock Exchange

Mr. Joao Alves de Queiroz Filho serves as the Chairman of the Board of Directors of Hypermarcas SA. Within the Company, he is a Member of the Remuneration Committee. He founded Arisco in 1969, where he acted as Chairman of the Board of Directors and Chief ...
Posted: November 23, 2017, 4:00 pm

Brazil's Hypermarcas in talks to sell diaper unit to Belgium's Ontex

Bergamo, with the blessing of controlling shareholder and Chairman João Alves de Queiroz Filho, spearheaded a spree of two dozen acquisitions in the drug, home-cleaning, beauty care and processed food industries at the end of last decade. Currently ...
Posted: December 21, 2016, 7:06 pm

Brazil's Hypermarcas to sell diaper unit to Ontex, source says

Bergamo, under the blessing of controlling shareholder and Chairman João Alves de Queiroz Filho, spearheaded a spree of two dozen acquisitions in the drug, home-cleaning, beauty care and processed food industries at the end of last decade. Currently ...
Posted: December 21, 2016, 1:27 pm
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