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Billionaire Profile
Jose Ermirio de Moraes Neto
Global Rank
#2729

Jose Ermirio de Moraes Neto

CEO, Diversified
Sao Paulo, Brazil
Real-Time Net Worth
$1.44B
Estimated based on Diversified stock value as of September 10, 2026
0% (24h)
Age
73
Source
Diversified
Industry
Diversified
Citizenship
Brazil

Biography

Jose Ermirio de Moraes Neto, a 73-year-old Brazilian billionaire, is an heir to Grupo Votorantim, a diversified industrial conglomerate. His wealth source is diversified, spanning various industries including aluminum, pulp and paper, energy, banking, and cement. He inherited a stake in Votorantim after his father's death in 2001. His career has been marked by his involvement in the family business, with Votorantim operating in multiple countries. Jose Ermirio de Moraes Neto has an MBA from Fundacao Getulio Vargas and is known for his role as a director in Votorantim Cimentos. His net worth is estimated at $1.4 Billion as of March 2026.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.44B
2025$1.40B
2024$1.25B
2023$1.19B
2022$1.24B

Portfolio Holdings

Auren Energia

Auren Energia

Renewable Energy
CBA (Companhia Brasileira de Alumínio)

CBA (Companhia Brasileira de Alumínio)

Aluminum
Nexa Resources

Nexa Resources

Metals and Mining
CCR

CCR

Infrastructure
Altre

Altre

Real Estate
23S Capital

23S Capital

Growth
Banco BV

Banco BV

Finance
São Paulo, Brazil
Citrosuco

Citrosuco

Agribusiness
Votorantim Cimentos

Votorantim Cimentos

Building Materials
São Paulo, Brazil
Founded 1936

In-Depth Profile

Early Life

Jose Ermirio de Moraes Neto was born in 1952. He comes from a prominent Brazilian family, with his grandfather, Jose Ermirio de Moraes, having founded Grupo Votorantim in 1918. This family-owned company has grown to become one of Latin America's largest industrial conglomerates.

Rise to Success

Jose Ermirio de Moraes Neto inherited an 8% stake in the company after his father, Jose Ermirio de Moraes Filho, died in 2001. He has played a significant role in the Votorantim Group, which operates in numerous countries and various sectors, including building materials, finance, aluminum, energy, and agribusiness. He is listed as a director of Votorantim Cimentos.

Key Business Strategies

Votorantim's strategy involves a long-term investment approach with a focus on delivering financial returns alongside positive social and environmental impacts. The company is known for its disciplined capital allocation and has expanded its portfolio through acquisitions and joint ventures. The group has also been focused on sustainable growth, with initiatives like the creation of Auren Energia.

Philanthropy

While specific philanthropy amounts are difficult to pinpoint, Votorantim emphasizes positive social and environmental impacts. Furthermore, the family has a strong focus on education, with the José Eduardo Ermírio de Moraes Award for Entrepreneurship launched in partnership with Insper.

Career Milestones

2001

Inherited Stake in Votorantim Group

Inherited an 8% stake in Grupo Votorantim after his father's death.

2026

Director at Votorantim Cimentos

Serves as Director at Votorantim Cimentos.

Philanthropy & Social Impact

Education

José Eduardo Ermírio de Moraes Award for Entrepreneurship

Undisclosed

In partnership with Insper to honor his brother, a celebration of entrepreneurship.

Controversies & Challenges

1990

Tax Evasion Allegations

Indicted for tax evasion in relation to the PC Farias scheme involving a fraudulent invoice issued to Votorantim.

Billionaires Connected to Jose Ermirio de Moraes Neto

Peers in Diversified

All Diversified billionaires

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Jose Ermirio de Moraes Neto's net worth in 2026?
As of 2026, Jose Ermirio de Moraes Neto's estimated net worth is $1.443 billion, ranking #2729 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Jose Ermirio de Moraes Neto make their money?
Jose Ermirio de Moraes Neto's wealth primarily comes from Diversified, most notably through Diversified.
Where is Jose Ermirio de Moraes Neto from?
Jose Ermirio de Moraes Neto is from Brazil.
How old is Jose Ermirio de Moraes Neto?
Jose Ermirio de Moraes Neto is 73 years old.

Sources & References

  1. Jose Ermirio de Moraes Neto — Forbes profile Forbes