Roberto Civita's Net Worth and Legacy
Roberto Civita was a distinguished Brazilian businessman and publisher with a net worth of $5 billion at the time of his passing. Born Roberto F. Civita on August 9, 1936, in Milan, Italy, he moved to New York with his family in 1938 to escape the Race Laws. Eventually, the Civita family settled in Brazil, where his father, Victor Civita, founded the publishing house Editora Abril in 1949.
Early Life and Education
Roberto Civita spent his early years in Italy and the United States before his family settled in Brazil. He pursued higher education at the University of Pennsylvania, where he graduated before joining the family business in the late 1960s.
Career and Achievements
In 1982, Roberto assumed the role of President of Editora Abril and took overall control of the company in 1990. Under his leadership, the company grew to become one of Brazil's largest magazine publishers, employing approximately 7,000 people. Beyond his business endeavors, Roberto was also actively involved in educational foundations and held leadership roles at the Lauder Institute and the Wharton Advisory Board.
Personal Life and Legacy
Roberto Civita was married twice and is survived by his second wife, Maria Antonia, three children from his first marriage—Giancarlo, Roberta, and Victor—and six grandchildren. Following Roberto's passing on May 26, 2013, his son Giancarlo succeeded him as the head of Abril, continuing the family legacy.
