- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $4.4 Billion
What is Walter Faria's Net Worth?
Walter Faria is a Brazilian billionaire who has a net worth of $4.4 billion. Feria has recently entered the list of billionaires as an owner and key person of Grupo Petropolis, a beverage manufacturer. Ever since he bought the company in 1998, Faria has transformed it into one of Brazil's largest brewery and beverage companies. Being well acquainted with the ins and outs of the beverage industry, he intends to expand Grupo Petropolis internationally.
Petropolis' Itaipava beer, now the country's second biggest seller, is fighting to take the no.1 position from the biggest seller, Skol, made by Anheuser-Busch InBev. The company has also spent some large sums sponsoring the Scuderia Ferrari Formula One Team through its TNT brand of energy drinks, which will soon hit the market in Germany. A self-made and media-shy mogul, Faria came from rough beginnings, having lost one brother in assassination and his other brother being sent to jail for drug dealing.
