Jorge Paulo Lemann

Brazil's richest person helps control Anheuser-Busch InBev, the world's largest beer manufacturer, with two partners, Marcel Herrmann Telles and Carlos Alberto Sicupira. Through their buyout firm 3G Capital, the trio owns Burger King, the fast-food chain they acquired in 2010. They also own retailer Lojas Americanas and real estate developer Sao Carlos.

Jorge Paulo Lemann News

Trian’s Ed Garden Sees Conglomerate Costs as Activist Targets

The costs that conglomerates face to manage their various businesses as holding companies continue to make them attractive targets for activist investors, said Edward Garden, founding partner at Trian Fund Management LP.
Brazil Billionaire Batista Drops From World’s 200 Richest

Eike Batista dropped from the ranks of the world’s 200 richest people after he sold shares in his flagship oil producer for the first time, dragging shares of OGX Petroleo & Gas Participacoes SA to a record low.
U.S. Stocks Decline With Treasuries While Yen Weakens

U.S. stocks and Treasuries retreated as economists said the Federal Reserve may scale back its stimulus efforts as early as September amid an improving economy. The yen fell against most of its counterparts and Turkish shares rebounded from the worst drop in a decade.
U.S. Stocks Fall as Investors Weigh Stimulus Cuts Timing

U.S. stocks fell, snapping a streak of 20 straight Tuesday gains for the Dow Jones Industrial Average, as economists predicted the Federal Reserve may reduce stimulus as soon as September.
General Motors S&P 500 Inclusion Another Step in Recovery

General Motors Co., four years after being kicked out of the Standard & Poor’s 500 Index, will heal another wound of the financial crisis when it rejoins the benchmark gauge for American equities this week.
General Motors Rejoins S&P 500 After Four Years, Replacing Heinz

General Motors Co. will replace H.J. Heinz Co. in the Standard & Poor’s 500 Index after the close of trading on June 6, S&P said in a statement today.
GP Investments Buys Stake in Switzerland’s Apen

GP Investments Ltd., Latin America’s largest private-equity fund, agreed to pay $33 million for a 26.7 percent stake in Apen AG as it seeks to expand in emerging markets.
Buffett Says Berkshire Stretched on Heinz Price in Bet on Lemann

Warren Buffett said his Berkshire Hathaway Inc. was willing to invest $12.1 billion alongside 3G Capital in a deal for HJ Heinz Co. because of his faith in the buyout firm led by Jorge Paulo Lemann.
Lemann Becomes Brazil’s Richest as Beer Trumps Oil, Gold

Jorge Paulo Lemann, the banker who now claims the title of Brazil’s richest man, built his fortune by overseeing takeovers of two icons of U.S. consumer culture: Budweiser beer and the Burger King fast-food chain.
Berkshire Cut to AA by S&P as Ratings Firm Revises Criteria

Warren Buffett’s Berkshire Hathaway Inc. had its credit grade lowered one level by Standard & Poor’s after the ratings firm revised its criteria for evaluating insurance holding companies.