Billionaire Profile
Ilson Mateus & family
Global Rank
#2382

Image: Unsplash Contributor | Unsplash License | via Unsplash

Ilson Mateus & family

CEO, Supermarkets
BRAZIL
Real-Time Net Worth
$1.621B
Estimated based on Supermarkets stock value as of March 6, 2026
+0.42% (24h)
Age
62
Source
Supermarkets
Industry
Fashion & Retail
Citizenship
BRAZIL

Biography

Ilson Mateus Rodrigues, a former gold miner, transformed a small grocery store into the fourth-largest food retailer in Brazil, Grupo Mateus. Born in Maranhão, one of the poorest states in Brazil, he started working at age 12. Through hard work and identifying opportunities, Mateus built a retail empire with a net worth of $1.5 billion. His journey from a gold mine to a supermarket chain is a testament to his entrepreneurial spirit and business acumen. Mateus's leadership focuses on innovation and employee training to drive growth and customer satisfaction.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Ilson Mateus Rodrigues was born in Imperatriz, Maranhão, in the 1960s. His humble beginnings instilled in him a strong work ethic and a drive to succeed. At a young age, he started working to help support his family. He began his career as an apprentice miner and mechanic.

Rise to Success

In the early 1980s, Ilson, at 21 years old, sought his fortune in the Serra Pelada gold mine, but without success. In 1984, he opened a small grocery store in Balsas. Recognizing the potential for growth, he expanded his offerings and established a product shipping service. This strategic move enabled rapid expansion in the region, eventually leading to a national presence. In 2020, Grupo Mateus went public in Brazil's largest IPO of the year. Ilson stepped down as CEO in 2022, but remains the Chairman of the Board of Directors.

Key Business Strategies

Grupo Mateus's strategy includes consolidating its leadership position through organic expansion, opening new stores, and leveraging the growth potential in the North and Northeast regions of Brazil. The company has also focused on modernizing management by hiring consultants to structure internal processes and strategies. Ilson Mateus has emphasized innovation and employee training to drive growth and customer satisfaction.

Philanthropy

While specific figures on philanthropy are unavailable, Grupo Mateus focuses on training courses such as Unimateus, which enables all employees to familiarize themselves with the Group's areas of expertise.

Career Milestones

1984

Founded Grupo Mateus

Opened a small grocery store in Balsas, Maranhão, which would become the foundation of Grupo Mateus.

2020

IPO of Grupo Mateus

Took Grupo Mateus public, marking the largest IPO in Brazil that year.

2022

Stepped down as CEO

Transitioned from CEO to Chairman of the Board of Directors.

Philanthropy & Social Impact

Education

Unimateus

Undisclosed

Training courses for employees to familiarize themselves with the Group's areas of expertise.

Business Philosophy & Leadership

Notable Quotes

""Not your typical CEO, Ilson quoted a verse from the bible during his company's IPO, comparing the future growth of Grupo Mateus to the construction of Noah's Ark.""

Leadership Principles

Innovation

Embracing new technologies and approaches to enhance the business.

People-focused

Prioritizing employee training and development.

Controversies & Challenges

2024

Inventory Valuation Error

Grupo Mateus revealed a R$1.1 billion error in its inventory valuation, leading to a drop in the company's market value.