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Grizzly Bulls’ Billionaires Index

⬅ # 280 Tilman Fertitta|# 282 Eric Wittouck ➡

# 281 Beto Sicupira 

$8.92B

Real Time Net Worth
as of 7/25/2024
$15.4M (0.17%)

# 281 Beto Sicupira 

$8.92B

Real Time Net Worth
as of 7/25/2024
$15.4M (0.17%)
OccupationPartner, 3G Capital
Source of WealthBeer
Age76
ResidenceSt. Gallen, Switzerland
Marital StatusMarried
Children3
EducationBS, Universidade Federal do Rio de Janeiro
Age-Adjusted Net Worth$3.02B
Beto Sicupira
Beto Sicupira
Brazil
Net worth: $8.92B

Self-Made Score 

Wealth History

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Biography

Overview

Carlos Alberto Sicupira, born in 1948, is a Brazilian billionaire businessman.
He holds a bachelor's degree in Management from the Federal University of Rio de Janeiro.
Sicupira started his first brokerage at the age of 17, selling it a year later.
In 1973, he met Jorge Paulo Lemann during underwater fishing, and Lemann invited him to join Garantia brokerage, where Marcel Herrmann Telles was already a partner.
The trio, consisting of Sicupira, Lemann, and Telles, has remained business partners to this day.
He resides in St. Gallen, Switzerland, and is married with three children.

Career

A significant portion of his wealth is derived from his approximately 3% stake in Anheuser-Busch InBev, the world's largest brewer.
Sicupira and his business partners, Lemann and Telles, have diverse investments, including major stakes in Burger King, H.J. Heinz Company, and Lojas Americanas.
In 2013, their private equity firm 3G Capital, along with Warren Buffett's Berkshire Hathaway, acquired H.J. Heinz & Company, which later merged with Kraft.

Investments

Carlos Sicupira, along with Lemann and Telles, owns stakes in Anheuser-Busch InBev, where they completed a nearly $100 billion acquisition of SABMiller in 2016.
They also have investments in Restaurant Brands International, the parent company of Burger King and Tim Hortons.

How long would it take you to become as rich as Beto Sicupira?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Beto Sicupira's net worth of $8.92B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Beto Sicupira is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Beto Sicupira, Beer is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey