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Global Rank
#2679

Image: Museu da Pessoa | CC BY-SA 4.0 | via Wikimedia Commons

Jose Ermirio de Moraes Neto

CEO, Diversified
BRAZIL
Real-Time Net Worth
$1.473B
Estimated based on Diversified stock value as of April 20, 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.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

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.

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