Lívia Voigt de Assis

Biography

Lívia Voigt de Assis, at the young age of 21, is a Brazilian billionaire who has made a significant mark in the industrial machinery sector. Her wealth stems from her ownership of a substantial stake in WEG, one of Latin America's largest manufacturers of electric motors and industrial equipment. Livia is the granddaughter of WEG co-founder Werner Ricardo Voigt. Currently pursuing her education, she represents a new generation of wealth, with an estimated net worth of $1.2 billion, placing her among the world's youngest billionaires. She has a low public profile, focusing on her studies and the stewardship of her family's business interests.

In-Depth Profile

Early Life

Lívia Voigt de Assis was born in Brazil. She is the granddaughter of Werner Ricardo Voigt, who co-founded WEG, a major player in the industrial machinery sector. Details about her early life are limited, as she has chosen to maintain a private profile.

Rise to Success

Lívia's wealth comes from her inheritance. She owns a 3.1% stake in WEG, a company co-founded by her grandfather. This significant shareholding has propelled her into the ranks of the world's youngest billionaires. Despite her young age, she has shown a keen interest in managing her family's wealth and contributing to the company's legacy.

Key Business Strategies

Lívia Voigt de Assis's current focus is on her education, and she is attending university. While she does not hold an executive or board position at WEG, her involvement in the family's wealth management and the influence she holds as a major shareholder indicate an active interest in the company's direction and financial strategies. WEG's success is attributed to its production of electric motors, generators, and transformers, which are exported to more than 135 countries.

Philanthropy

Information on Lívia Voigt de Assis's philanthropic activities is currently unavailable.

Biography

Wealth Over Time

Portfolio Holdings

WEG