#1529
Abilio dos Santos Diniz
Brazil 89 years old
Overview
- Source of Wealth
- Retail
- Industry
- Fashion & Retail
- Residence
- Education
- Fundacao Getulio Vargas (Bachelor of Arts/Science)
- Children
- 6
Assets
- Atacadao152,071,000 shares @ --CRFB3-BR
- Carrefour S.A.62,563,000 shares @ --CA-FR
Biography
Retail tycoon Abilio dos Santos Diniz's father, a Portuguese immigrant, founded Grupo Pao de Acucar in 1948 in Brazil.
Under Diniz's management, Pao de Acucar became Brazil's largest retailer. In 2012, he sold a stake to French supermarket operator Groupe Casino.
Within a year, the relationship with the French partners went sour; Diniz ceded control of Grupo Pao de Acucar to Casino in September 2013.
In 2016, he became a significant shareholders of Carrefour SA, Casino's competitor.
About
He is an avid fan of Sao Paulo FC, one of Brazil's most followed soccer teams, and often blogs and tweets about the performance of the team.