What is Sergio Lins Andrade and Family's Net Worth?
Sergio Lins Andrade is a prominent Brazilian businessman with a net worth of $1.6 billion, shared with his family. As the chair of the board for Andrade Gutierrez, a leading Brazilian multinational conglomerate, he oversees a company with revenues of $8 billion (R$16.8 billion) in 2012. Founded in 1948 by engineers Flavio Gutierrez, and brothers Gabriel and Roberto Andrade—Sergio's father—the company has seen significant growth under the Andrade and Gutierrez families.
Early Growth and Expansion
The privatization of Brazil's infrastructure sectors in the 1990s provided Andrade Gutierrez the opportunity to expand into public infrastructure concessions and telecommunications. This strategic move significantly bolstered its market presence and profitability.
Recent Endeavors
Sergio Lins Andrade, actively involved in the company’s growth as its board chairman, faced allegations in late 2013 of a sanitary sewer violation at his luxurious Rio de Janeiro mansion. He strongly denied any wrongdoing.
Personal Life
A diverse individual, Sergio enjoys piloting gliders and scuba diving in his free time. He is married to Adriana Barreto, a renowned Brazilian painter and sculptor.
