Jorge Paulo Lemann - Harvard Business School, Facts and Family

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Jorge Paulo Lemann's Personal Details

Jorge Paulo Lemann is a renowned Brazilian entrepreneur and one of the richest in the country

InformationDetail
BirthdayAugust 26, 1939
NationalityBrazilian
FamousBillionaires, Harvard Business School, Harvard University, Business People, Bankers
SpousesMaria de Santiago Dantas Quental (m. ?–2005), Susanna Lemann
SiblingsLya Lemann
Childrens Anna Victoria Lemann, Jorge Felipe Lemann, Kim Lemann, Lara Lemann, Marc Lemann
Universities
  • Harvard Business School,Harvard University
  • Harvard Business School
  • 1961 - Harvard University
Humanitarian Works
  • Founder of ‘Fundacao Estudar’ and ‘Lemann Institute for Brazilian Studies’.
Notable Alumnis
  • Harvard Business School
  • Harvard University
Founder / Co-Founder
  • Fundação Estudar
  • Banco Garantia
Birth PlaceRio de Janeiro
GenderMale
FatherPaul Lemann
MotherAnna Yvette Truebner
Net Worth$29.8 billion as of June 25,2017
Sun SignVirgo
Born inRio de Janeiro
Famous asBanker

// Famous Alumni of Harvard University

Jorge Paulo Lemann's photo

Who is Jorge Paulo Lemann?

Often referred to as one of the ‘Kings’ of beer, Jorge Paulo Lemann is a self made man who has built a name for himself in the world of business. He was a brilliant tennis player in school and reportedly, this helped him get an admission at the ‘Harvard University’ where he completed his graduation in a span of two years instead of three. He had an independent bent of mind and wanted to become financially self-sufficient at the earliest, and this was possibly the reason behind his early completion of studies. He then collaborated with Carlos and Mercel who are till date his business partners. The trio co-founded the invested firm ‘Banco Garantia’ and with this Lemann established himself as an exceptional entrepreneur. He manoeuvred over the investments of the company and his business instinct proved right when all the investments that the company made gained profits. This company was sold off in a lucrative deal and then, Jorge turned his attention to the brewery industry. He had been associated with the brewery company ‘Brahma’ and later, acquired the company along with another company and merged the two to form ‘AmBev’. His investment company ‘3G Capital’ has till date acquired many big brands and he has been instrumental in the company’s success. Read on to know more about his success story.

// Famous Business People

Childhood & Early Life

Jorge Paulo Lemann was born to Paul Lemann and Anna Yvette Truebner on 26th August, 1939, in Rio de Janeiro, Brazil.

He attended the 'American School of Rio de Janeiro' where his capabilities were visible to many and he was even chosen as the one most likely to succeed.

He was an excellent tennis player and even won the 'Brazilian national tennis championship' five times. He also represented Brazil and Switzerland in the 'Davis Cup' and even played at the 'Wimbledon'.

He enrolled at the 'Harvard University' in 1961, as a student of Bachelor's of Arts with major in Economics.

Career

After completing his graduation he joined the multinational financial services company 'Credit Suisse' as a trainee.

He had a 2% stake in a company called 'Invesco' in 1966, and this was the first company he had invested in. However, the company met with bankruptcy.

Jorge collaborated with Marcel Herrmann Telles and Carlos Alberto Sicupira in 1971, and established the company 'Banco Garantia' which was an investment bank.

A few weeks after the firm was established, there was a huge decline in the market but this company remained unaffected by the decline and gradually, rose as one of the most renowned investment banks of Brazil.

From 1900 to 2001, he was associated with the Brazilian beer company ‘Brahma’ and was director of the board of the company.

He was associated with the operations of the 'Banco Garantia' company for more than two decades and then sold it to the company 'Credit Suisse Boston' for $675 million, in 1998.

Lemann acquired the Brazilian breweries named 'Companhia Antarctica Paulista' and 'Brahma Beer' along with his business partners of ‘GP Investimentos’, and renamed the brewing companies under the single head ‘AmBev'.

In 2004, ‘AmBev’ amalgamated with another brewing company ‘Interbrew’ and the amalgamated company was named as ‘InBev’. A year later the stock of the new company, InBev, had ascended by 40%, under the guidance of Lemann.

In 2004, the investment company named ‘3G Capital’ was established by Jorge Lemann along with his business partners Mercel Herrmann, Carlos Alberto Sicupira and Robert Thompson Motta.

In 2008, ‘InBev’ declared that it would acquire the brewer company of America named ‘Anheuser-Busch which is the producer of brands like ‘Budweiser’ and ‘Budlight’ beer. The merger between the companies ‘InBev’ and ‘Anheuser-Busch’ would be named ‘Anheuser-Busch InBev’ (AB InBev). Ever since, Jorge Paulo Lemann has been regarded as one among the ‘Kings of beer’.

In 2010, the ‘3G Capital’ acquired the stocks of the ‘Burger King Holdings, Inc.’ along with the outstanding debts of the company. Each share was purchased at $24 and the total deal was worth a handsome amount of $4 billion.

The ‘3G Capital’ made news in 2013, after it acquired the ‘H.J.Heinz’ company in association with business mogul Warren Buffet. This was a huge investment and the company was purchased with a magnanimous amount of $28 billion, which included the company’s outstanding debts.

This business tycoon was a member of the board of ‘Gillette’, an international brand of men’s products which initially began as a producer of men’s safety razors.

In 2014, the ‘Restaurant Brands International’ was acquired by two big brands in the industry namely ‘Burger King Worldwide’ and ‘Tim Hortons Inc.’

On 25th March, 2015, the ‘H.J.Heinz’ company merged with the ‘Kraft Foods Group, Inc.’ and the merger was named as the ‘Kraft Heinz’ company.

Jorge is presently associated with the charitable organization ‘Endeavour’, which helps new businessmen in establishing themselves in the market.

Major Works

Lemann has been exceptional as an entrepreneur and has been instrumental in the establishment of many big investment banks like the ‘Banco Garantia’ and ‘3G Capital’. Under his guidance ‘Banco Garantia’ had soared high in the investment sector. His is the mind behind the company ‘3G Capital’; as Lemann is the leading investor and strategist of the company.

Personal Life & Legacy

He first married Maria de Santiago Dantas Quental who was a psychoanalyst.

He married a second time to Susanna Lemann and is the father of five children named Anna Victoria, Lara, Marc, Jorge Felipe and Kim.

In 1999, his children escaped an attempted kidnapping on the way to their school. They were saved by their driver and since then, Lemann and his family have been residing in Switzerland.

He is a philanthropist and has till date donated huge funds in the establishment of many non-profit organizations such as ‘Fundacao Estudar’, ‘Lemann Institute for Brazilian Studies’ and also sponsors a professorship at the ‘Harvard University’ which is named after him.

Net Worth

This astute investor has an estimated net worth of $24.5 billion as of June 2015, according to ‘Forbes’.

// Famous Alumni of Harvard Business School

Jorge Paulo Lemann biography timelines

  • // 1900 To 2001
    From 1900 to 2001, he was associated with the Brazilian beer company ‘Brahma’ and was director of the board of the company.
  • // 26th Aug 1939
    Jorge Paulo Lemann was born to Paul Lemann and Anna Yvette Truebner on 26th August, 1939, in Rio de Janeiro, Brazil.
  • // 1961
    He enrolled at the 'Harvard University' in 1961, as a student of Bachelor's of Arts with major in Economics.
  • // 1966
    He had a 2% stake in a company called 'Invesco' in 1966, and this was the first company he had invested in. However, the company met with bankruptcy.
  • // 1971
    Jorge collaborated with Marcel Herrmann Telles and Carlos Alberto Sicupira in 1971, and established the company 'Banco Garantia' which was an investment bank.
  • // 1998
    He was associated with the operations of the 'Banco Garantia' company for more than two decades and then sold it to the company 'Credit Suisse Boston' for $675 million, in 1998.
  • // 1999
    In 1999, his children escaped an attempted kidnapping on the way to their school. They were saved by their driver and since then, Lemann and his family have been residing in Switzerland.
  • // 2004
    In 2004, ‘AmBev’ amalgamated with another brewing company ‘Interbrew’ and the amalgamated company was named as ‘InBev’. A year later the stock of the new company, InBev, had ascended by 40%, under the guidance of Lemann.
  • // 2004
    In 2004, the investment company named ‘3G Capital’ was established by Jorge Lemann along with his business partners Mercel Herrmann, Carlos Alberto Sicupira and Robert Thompson Motta.
  • // 2008
    In 2008, ‘InBev’ declared that it would acquire the brewer company of America named ‘Anheuser-Busch which is the producer of brands like ‘Budweiser’ and ‘Budlight’ beer. The merger between the companies ‘InBev’ and ‘Anheuser-Busch’ would be named ‘Anheuser-Busch InBev’ (AB InBev). Ever since, Jorge Paulo Lemann has been regarded as one among the ‘Kings of beer’.
  • // 2010
    In 2010, the ‘3G Capital’ acquired the stocks of the ‘Burger King Holdings, Inc.’ along with the outstanding debts of the company. Each share was purchased at $24 and the total deal was worth a handsome amount of $4 billion.
  • // 2013
    The ‘3G Capital’ made news in 2013, after it acquired the ‘H.J.Heinz’ company in association with business mogul Warren Buffet. This was a huge investment and the company was purchased with a magnanimous amount of $28 billion, which included the company’s outstanding debts.
  • // 2014
    In 2014, the ‘Restaurant Brands International’ was acquired by two big brands in the industry namely ‘Burger King Worldwide’ and ‘Tim Hortons Inc.’
  • // 25th Mar 2015
    On 25th March, 2015, the ‘H.J.Heinz’ company merged with the ‘Kraft Foods Group, Inc.’ and the merger was named as the ‘Kraft Heinz’ company.
  • // Jun 2015
    This astute investor has an estimated net worth of $24.5 billion as of June 2015, according to ‘Forbes’.

// Famous Billionaires

Jorge Paulo Lemann's FAQ

  • What is Jorge Paulo Lemann birthday?

    Jorge Paulo Lemann was born at 1939-08-26

  • Where is Jorge Paulo Lemann's birth place?

    Jorge Paulo Lemann was born in Rio de Janeiro

  • What is Jorge Paulo Lemann nationalities?

    Jorge Paulo Lemann's nationalities is Brazilian

  • Who is Jorge Paulo Lemann spouses?

    Jorge Paulo Lemann's spouses is Maria de Santiago Dantas Quental (m. ?–2005), Susanna Lemann

  • Who is Jorge Paulo Lemann siblings?

    Jorge Paulo Lemann's siblings is Lya Lemann

  • Who is Jorge Paulo Lemann childrens?

    Jorge Paulo Lemann's childrens is Anna Victoria Lemann, Jorge Felipe Lemann, Kim Lemann, Lara Lemann, Marc Lemann

  • What was Jorge Paulo Lemann universities?

    Jorge Paulo Lemann studied at Harvard Business School,Harvard University, Harvard Business School, 1961 - Harvard University

  • What was Jorge Paulo Lemann notable alumnis?

    Jorge Paulo Lemann's notable alumnis is Harvard Business School, Harvard University

  • Which company or organization was founded by Jorge Paulo Lemann?

    Jorge Paulo Lemann was the founder/co-founder of Fundação Estudar, Banco Garantia

  • Who is Jorge Paulo Lemann's father?

    Jorge Paulo Lemann's father is Paul Lemann

  • Who is Jorge Paulo Lemann's mother?

    Jorge Paulo Lemann's mother is Anna Yvette Truebner

  • What is Jorge Paulo Lemann's sun sign?

    Jorge Paulo Lemann is Virgo

  • How famous is Jorge Paulo Lemann?

    Jorge Paulo Lemann is famouse as Banker