⬅ # 264 Richard White|# 266 Sun Piaoyang ➡

# 265 Marcel Telles 

$9.66B

Real Time Net Worth
as of 11/21/2024
$32.0M (0.33%)

# 265 Marcel Telles 

$9.66B

Real Time Net Worth
as of 11/21/2024
$32.0M (0.33%)
OccupationCofounder, 3G Capital
Source of WealthBeer
Age74
ResidenceSao Paulo, Brazil
Marital StatusMarried
Children2
EducationBS, Universidade Federal do Rio de Janeiro
Age-Adjusted Net Worth$3.75B
Marcel Telles
Marcel Telles
Brazil
Net worth: $9.66B

Self-Made Score 

Movado Museum Classic Men's Watch - Swiss Quartz Movement

Wealth History

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Biography

Personal Info

Marcel Herrmann Telles was born on February 23, 1950, in Brazil.
He has a Bachelor of Arts degree from the Federal University of Rio de Janeiro.
Telles completed the OPM (Owner/President Management) program at Harvard University.

Career

Telles started his career in 1972 at Banco Garantia, eventually becoming a partner.
He served as Head Trader at Garantia Merchant Bank from 1974 to 1989.
Telles was a Board Member of Burger King and Lojas Americanas.
He was a partner at GP Investimentos, a Brazilian private equity firm, until 2004.
From 1989 to 1999, Telles served as the CEO of Brahma.
In 2004, he co-founded and became a board member of 3G Capital.
3G Capital, led by Telles, acquired H.J. Heinz & Company in 2013, merging it with Kraft.
The trio, including Telles, controls Anheuser-Busch InBev, the world's largest beer company.
3G Capital also acquired Burger King in 2010, and Telles is involved in the control of Brazilian retailer Lojas Americanas.

Anheuser-Busch InBev

Telles is a board member of AB InBev.
He shares control of AB InBev, the world's largest brewer, with longtime partners Carlos Alberto Sicupira and Jorge Paulo Lemann.
In December 2023, Telles gifted his stake in Anheuser-Busch InBev to his son, Max Van Hoegaerden Herrmann Telles.

Marcel Telles's Wealth is Equivalent to:

7,439,569 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,828,571 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

98,768 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Marcel Telles?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Marcel Telles's net worth of $9.66B.

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 58.67% compared to 23.91% for the S&P 500 benchmark.

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

Marcel Telles 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 Marcel Telles, 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.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey