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Dirce Navarro De CamargoBrazilian businesswoman
Country:
 Brazil |
Content:
- Rise of a Business Empire: The Legacy of Dirce de Camargo
- A Private Life in the Public Eye
- The Camargo Correa Conglomerate
- Leadership and Legacy
- Inheritance and Estate
Rise of a Business Empire: The Legacy of Dirce de Camargo
Dirce de Camargo was a Brazilian businesswoman and billionaire who left an enduring mark on the world of industry and finance. At the time of her passing, she was Brazil's richest woman and the world's oldest billionaire.
A Private Life in the Public Eye
Despite her immense wealth, Camargo maintained a private demeanor throughout her life. Little is known about her exact age, as such information is considered personal in Brazil. She shied away from media attention, choosing to live a relatively quiet life.
The Camargo Correa Conglomerate
Camargo's business empire, Camargo Correa, was founded by her late husband, Sebastiao Camargo, in 1939. It played a pivotal role in developing Brazil's infrastructure, initially focusing on construction in the capital, Brasilia, in the 1950s. Today, the conglomerate has expanded its operations, partnering with global companies such as Cimpor Cimentos de Portugal SGPS and local footwear manufacturer Alpargatas. With operations in over 20 countries, Camargo Correa employs approximately 60,000 people.
Leadership and Legacy
In 1994, following her husband's passing, Camargo succeeded him as chairperson of the Camargo Correa board of directors. She held the position for two years, after which she focused on her philanthropic endeavors.
Inheritance and Estate
Camargo's vast fortune, estimated at $13.8 billion according to the Bloomberg Billionaires Index, is expected to pass to her three daughters: Regina de Camargo Pires Oliveira Dias, Renata de Camargo Nascimento, and Rosana Camargo de Arruda Botelho. They currently hold equal shares in Participacoes Morro Vermelho, the holding company that controls Camargo Correa. Details regarding the distribution of the inheritance have yet to be publicly disclosed. None of the daughters have been actively involved in managing their family's business assets to date.
