Sergio Lins Andrade is a Brazilian businessman who shares a net worth of $1.6 billion with his family. Newcomer among world’s richest, Sergio Lins Andrade chairs the board of Andrade Gutierrez, a Brazilian privately-held multinational conglomerate mainly active in construction. He also holds over 33% of the company whose revenues reached $8 billion (R$16.8 billion) in 2012.
Andrade Gutierrez was set up in 1948 by three engineers: Flavio Gutierrez, and brothers Gabriel and Roberto Andrade – Sergio’s father. They were succeeded by members of the Andrade and Gutierrez families who expanded the company further. Following the privatization of Brazil’s infrastructure sectors in the 1990s, Andrade Gutierrez got the chance to broaden into public infrastructure concessions and telecommunications. Sergio, the man who has been actively involved in the company’s growth as its board chairman, was accused of sanitary sewer violation at his luxurious mansion in a gated community in Rio de Janeiro in late 2013. Of course, he denied any wrongdoing. Fan of piloting gliders and scuba diving, he is married to Brazilian painter and sculptor Adriana Barreto.
| Net Worth: | $1.6 Billion |