Portuguese billionaires’ news - Portuguese billionaires are 13% richer in 2024. The fortunes of the richest families reached almost 16.9 billion euros on the Lisbon Stock Exchange in 2023, that represents an increase in wealth of 2.2 billion euros compared to 2022.
Here are Portugal’s Top 3 billionaires who are richer in 2024:
1 - The Soares dos Santos family
The No 1 Portuguese billionaire family that is richer in 2024 is the Soares dos Santos family, that is the largest shareholder of Portuguese multinational Jerónimo Martins. Jerónimo Martins earned 1.16 billion euros in 2023, that makes the Soares dos Santos family richer by 13.5%.
Portuguese company Jerónimo Martins is an international Group that is over 230 years old and that operates in the food distribution sector. The company has millions of consumers in three countries, namely the food store chain Biedronka in Poland, the Pingo Doce supermarket and the cash and carry retail store Recheio in Portugal, as well as the Ara chain of discount stores in Colombia.
2 – The Amorim family
The second billionaire family in Portugal that is richer in 2024 is the Amorim family that earned 237 million euros in 2023, due to the appreciation and dividends of Portuguese companies Galp and Corticeira Amorim.
Portuguese company Galp Energia is a multinational energy corporation, operating in the field of oil, natural gas, and renewable energy supply, that was founded in 1999.
Portuguese multinational Corticeira Amorim is the world’s largest cork processing group founded in 1870.
3 – The Queiroz Pereira family
The No 3 billionaire family in Portugal that is richer in 2024 is the Queiroz Pereira family, namely the three heirs, Filipa, Mafalda and Lua. The wealth of the third Portuguese billionaire family has reached 2.66 billion euros through the shares they hold in Portuguese companies Semapa and The Navigator Company.
Portuguese company Semapa is one of the largest industrial groups in the country with a global presence and the main shareholder is the Queiroz Pereira family. The company operates in the fields of cement and building materials, pulp and paper, as well as venture capital.
The Navigator Company is a Portuguese multinational that operates in the fields of forestry, cellulose pulp, renewable energy, paper, and tissue, as well as research.
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