Itamar Locks & family

CEO, AMAGGI

Real-Time Net Worth

$1B

As of December 2025

Age

Source

Agribusiness

Industry

food-beverage

Citizenship

Biography

Itamar Locks, at age 70, is a prominent figure in Brazil's agribusiness sector, known for his role as one of the controlling shareholders of AMAGGI, one of the largest soybean and commodity producers in Brazil. His wealth stems from his involvement with the Maggi family, who co-founded the company. Locks previously served as the president of the agricultural division of AMAGGI. As of December 4, 2025, his net worth is estimated to be $1.0 Billion, and he is listed on the Forbes 2024 Billionaires list at rank #2545. His career has been marked by his leadership in AMAGGI, a company that produces millions of tons of soy, corn, and cotton annually in Brazil. He is married and has three children.

Wealth Over Time

Portfolio Holdings

AMAGGI

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Founded 1977

In-Depth Profile

Early Life

Itamar Locks, born around 1955, is the son-in-law of Lucia Maggi, who co-founded the Andre Maggi Group with her husband, Andre Maggi. The family's history is deeply rooted in the agribusiness sector of Brazil. Locks is a Brazilian citizen and resides in Rondonopolis, Brazil.

Rise to Success

Itamar Locks's rise to prominence is closely tied to the growth and success of AMAGGI, one of Brazil's largest producers of soybeans and other commodities. He is one of the controlling shareholders of AMAGGI. Locks previously served as the president of the agricultural division of Amaggi.

Key Business Strategies

The key business strategy is focused on efficient and large-scale agricultural production. Amaggi produces approximately 1.2 million tons of soy, corn, and cotton in Brazil each year. The company's success is also tied to its significant land holdings and its ability to navigate the complexities of the global commodity markets. Locks has played a crucial role in the company's operations, helping it become a major player in the Brazilian agribusiness sector. In 2014, Locks was the current CEO of the agricultural division of the group.

Philanthropy

Information regarding Itamar Locks's specific philanthropic initiatives and amounts is not readily available in the search results.

Career Milestones

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President of the agricultural division of AMAGGI

Itamar Locks previously served as the president of the agricultural division of AMAGGI.

Philanthropy & Social Impact

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Undisclosed

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Business Philosophy & Leadership

Notable Quotes

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Leadership Principles

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Controversies & Challenges

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