Belmiro de Azevedo Net Worth
Belmiro de Azevedo net worth: Belmiro de Azevedo is a Portuguese entrepreneur who has a net worth of 2.7 billion. Belmiro de Azevedo is a chairman and major shareholder of Portuguese conglomerate Sonae SGPS, which is one of the largest business groups in Portugal with operations and investments in approximately 65 countries (Spain, Greece, Germany, Italy, Brazil), including Zippy children's clothing stores in Saudi Arabia, Turkey and Kazakhstan. Belmiro de Azevedo and his immediate family hold just under 53% of Sonae, stakes of which has recovered by more than 50% thanks to better than expected earnings amid ongoing economic weakness in Portugal. Thus, Azevedo's net worth has increased for $500 million, in comparison to his net worth a year ago. Being married with three children, Belmiro's son is the chief executive officer of the company that he founded in 1959 as a maker of decorative laminates.