What is Dirce Navarro De Camargo's Net Worth?
Dirce Navarro De Camargo, a renowned Brazilian businesswoman, amassed a net worth of $12 billion. She entered the world of billionaires after inheriting a substantial stake in Camargo Correa, Brazil's largest private conglomerate, which was founded by her late husband, Sebastiao Camargo. Established in 1939, the company has significantly expanded its operations, now spanning sectors such as cement, energy, construction, real estate, and transportation.
Main Contributions to Camargo Family Wealth
The conglomerate's wealth stems from its diverse operations across more than 20 countries aside from Brazil. It comprises a mix of publicly traded and privately held companies.
Leadership and Legacy
Upon her husband's passing in 1994, Dirce Navarro De Camargo served as Chairman of Camargo Correa until 1996. Her role was pivotal in maintaining the company's growth trajectory. She passed away on April 20, 2013, leaving the family's fortune to her three daughters, who equally inherited shares of the company's holding entity, Participacoes Morro Vermelho SA.
The Heiresses
- Renata de Camargo Nascimento
- Rosana Camargo de Arruda Botelho
- Regina de Camargo Pires Oliveira Dias
The three sisters control the Participacoes Morro Vermelho SA holding company, which oversees Camargo Correa's operations.