Early Life
David Feffer was born in 1956 in São Paulo, Brazil. He is the eldest son of Betty and Max Feffer. His grandfather, Leon Feffer, founded Suzano Papel e Celulose in 1924. David has three brothers: Daniel, Jorge, and Ruben. From a young age, David was involved in the family business, learning the ropes alongside his grandfather and father.
Rise to Success
David Feffer's career began within the family company at the age of 18, starting in the transportation sector. He gained experience in various departments, eventually assuming the presidency of Suzano in 2001. Under his leadership, Suzano acquired Fibria Celulose in January 2019 for approximately $7.5 billion, making it the largest paper producer in Brazil. Feffer has been the chairman of the board since 2003. He has steered the company to dominate the Latin American market, and the Suzano Group is one of the largest private companies in Brazil.
Key Business Strategies
Feffer has emphasized sustainable growth, innovation, and diversification as central strategies. The acquisition of Fibria Celulose was a pivotal move, consolidating Suzano's position in the market. He is also focused on expanding into insurance, risk management, and technology sectors.
Philanthropy
Feffer’s commitment extends beyond the corporate world, as he holds significant roles in cultural and philanthropic institutions. His daughter, Marina Feffer, founded Generation Pledge, a group of wealthy heirs who commit to donating at least 10% of their inheritance to charity.
