3Brazil retail billionaire Abilio Diniz dies at 87FILE PHOTO: Abilio Diniz, the third largest Carrefour shareholder gestures during a meeting of the Council for Economic and Social Development (CDES) at the Planalto Palace in Brasilia
BRASILIA (Reuters) – Brazilian billionaireย Abilio Diniz, who built an empire in the supermarket retail sector, died on Sunday in Sao Paulo, according to his press office.
The 87-year-old had been hospitalized at the Albert Einstein Hospital and suffered respiratory failure due to pneumonitis, his press office said in a statement.
Diniz played a pivotal role in the history of Brazilian retail, serving most recently as vice-chairman of Carrefour Brasil and as a board member of the French group Carrefour.
In the late 1950s, he co-founded Pao de Acucar, which grew into the country’s largest supermarket chain. After a series of mergers and acquisitions, its control passed into the hands of France’s Casino in 2012.
Diniz remained with the company he founded until 2013, when he took over as chairman of Brazilian food processor BRF, where he served for five years.
In 2014, Diniz acquired a stake in Carrefour Brasil through his private investment company Peninsula.
Last year, Forbes estimated his net worth at $2.4 billion.
(Reporting by Marcela Ayres; Editing by Chris Reese)
Related Posts
๐๐๐ง๐ ๐ฎ๐ฏ๐ ๐๐ซ๐๐ข๐ฅ๐๐ซ ๐๐จ.๐ | ๐๐ฎ๐ซ๐ข๐ฒ๐ | ๐๐จ๐๐๐ฒ ๐๐๐จ๐ฅ | ๐๐๐ฏ๐ข ๐๐ซ๐ข ๐๐ซ๐๐ฌ๐๐ | ๐๐ข๐ฏ๐
“๐พ๐๐๐๐ข๐ฃ๐” ๐๐ ๐๐ ๐๐๐กโ๐๐๐๐๐๐๐ ๐๐๐๐ก๐๐ ๐ฆ ๐๐๐๐ ๐กโ๐๐ก ๐๐๐ ๐ก๐๐๐๐ข๐๐๐ฆ ๐๐๐ก๐๐๐ก๐ค๐๐๐๐ ๐๐๐ก๐๐๐ ๐ค๐๐กโ ๐๐๐๐๐๐ข๐๐ ๐๐๐๐ก๐๐๐๐๐ ๐ข๐๐๐๐๐๐ข๐๐๐๐๐ก๐ , ๐ก๐๐๐๐๐๐๐ ๐กโ๐๐๐๐ ๐ ๐ข๐โ ๐๐ ๐ ๐ก๐๐๐๐๐กโ, ๐ ๐๐๐๐๐๐๐๐, ๐๐๐ ๐กโ๐ ๐๐๐๐๐๐๐ฅ๐๐ก๐ฆ ๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐ก. ๐โ๐…
Blackwater Lane Trailer Previews Supernatural Thriller Starring Minka Kelly and Dermot Mulroney
Lionsgateย has unveiled the trailer forย Blackwater Lane, a brand new horror thriller from The Hill director Jeff Celentano. Set to hit choose theaters on June 21, the upcoming…
๐๐ฏ๐ข๐ฅ ๐๐๐๐ ๐: ๐๐๐ฐ ๐๐ก๐๐ฉ๐ญ๐๐ซ (๐๐๐๐) ๐๐จ๐ซ๐ซ๐จ๐ซ ๐ฆ๐จ๐ฏ๐ข๐
Evil Dead 2: New Chapter (2025) continues the horrifying legacy of the Necronomicon, this time introducing a fresh cast of characters who must face the relentless evil…
๐๐๐ง๐ก๐๐ฃ๐ข: ๐๐ก๐ ๐๐ง๐ฌ๐ฎ๐ง๐ ๐๐๐ซ๐ซ๐ข๐จ๐ซ – ๐๐๐๐ข๐๐ข๐๐ฅ ๐๐ซ๐๐ข๐ฅ๐๐ซ | ๐๐ฃ๐๐ฒ ๐, ๐๐๐ข๐ ๐๐ฅ๐ข ๐, ๐๐๐ฃ๐จ๐ฅ | ๐๐ฆ ๐๐๐ฎ๐ญ
๐โ๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐ก๐๐๐๐๐๐ ๐๐๐ “๐๐๐โ๐๐๐: ๐โ๐ ๐๐๐ ๐ข๐๐ ๐๐๐๐๐๐๐” ๐๐๐๐ก๐๐ฃ๐๐ก๐๐ ๐๐ข๐๐๐๐๐๐๐ ๐ค๐๐กโ ๐ ๐ ๐ก๐๐๐ฆ ๐ค๐๐ฃ๐๐ ๐๐๐๐ข๐๐ ๐๐๐๐ฃ๐๐๐ฆ, ๐๐๐ฆ๐๐๐ก๐ฆ, ๐๐๐ ๐ ๐๐๐๐๐๐๐๐, ๐๐๐ ๐ ๐๐ก ๐๐ ๐กโ๐ ๐ฃ๐๐๐๐๐๐ก ๐๐๐๐๐ ๐๐๐๐ ๐๐…
“House of Horror” | Full Horror Movie #horrorstories
“Prepare for a bone-chilling dive into the macabre with our Horror House Anthology ! Step into a world where terror reigns supreme and each story unveils a…
Avrodh – The Siege Within | Official Trailer | Amit Sadh | SonyLIV
๐๐๐ก ๐๐๐๐๐๐ ๐ก ๐กโ๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐ โ๐๐โ-๐ ๐ก๐๐๐๐ ๐๐๐๐๐ก๐๐๐ฆ ๐๐๐๐๐๐ก๐๐๐, “๐ด๐ฃ๐๐๐โ” ๐๐๐๐ฃ๐๐ ๐๐๐ก๐ ๐กโ๐ ๐๐๐ก๐๐๐๐๐๐๐๐ ๐๐ ๐ ๐๐๐ฃ๐๐๐ก ๐๐๐ ๐ ๐๐๐ ๐กโ๐๐ก ๐ โ๐๐๐๐ ๐กโ๐ ๐๐๐ก๐ ๐๐ ๐กโ๐ ๐๐๐ก๐๐๐. ๐โ๐ ๐๐๐๐…