Max Van Hoegaerden Herrmann Telles inherited a large Anheuser-Busch InBev shareholding from his father, 3G Capital cofounder Marcel Herrmann Telles. [1][2]
An intergenerational transfer of beer wealth
Forbes says Marcel Herrmann Telles transferred his Anheuser-Busch InBev stake to his son Max in late 2023 through an inter vivos gift. That transfer made the public brewer the central identifiable asset behind Max's billionaire fortune. [1]
Max's father is one of the three investors whose investment office evolved into 3G Capital. The firm says it was founded in 2004 from the investment office of Jorge Paulo Lemann, Carlos Alberto Sicupira and Marcel Herrmann Telles. [2]
A fortune tied to a listed brewer
Unlike many private-company heirs, Max's wealth is closely linked to shares in publicly traded Anheuser-Busch InBev. Forbes also notes family interests in other businesses, but the inherited brewer stake is the clearest large asset described in the sources used here. [1][2]
The transfer is economically different from building the brewer or 3G platform himself: the key wealth event for Max was receipt of an existing ownership position created by the prior generation. Because the principal asset is publicly traded, market prices can illuminate the stake's value even though Forbes remains the source for the personal inheritance and broader family-wealth context. [1][2]
Sources for background
Sources reviewed Sep 15, 2026.
- Max Van Hoegaerden Herrmann Telles · Forbes · Mar 10, 2026
- Enduring Partnership · 3G Capital
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