#1281

Mário Araripe

Brazil 71 years old Self-Made

Overview

Source of Wealth
Energy
Industry
Energy
Residence
São Paulo
Marital Status
Divorced
Children
4

Biography

Mario Araripe founded Brazil's largest renewable energy developer Casa dos Ventos, meaning "House of the Winds," in 2007.

Araripe is the majority owner of the privately held company and currently shares its leadership roles with his son Lucas Araripe.

Before turning to renewables, he helmed companies in the real estate, textile, and car industries; in 2006, he sold off-road vehicle manufacturer Troller to Ford.

French company TotalEnergies acquired a 34% stake in Casa dos Ventos' energy generation portfolio in 2023, with the joint venture valued at over $2 billion.

Casa dos Ventos' developments account for one-third of all Brazilian wind farms currently in operation.

About

Raised in the northeastern state of Ceará, Araripe returned to the windy plateaus of his homeland to develop Casa dos Ventos' first projects.