Dirce Navarro De Camargo, who passed away on April 20 at the age of 100, was the richest woman in Brazil. She and her family had a net worth of $11.5 billion, ranking them 87th among the world's billionaires in March. Dirce's wealth came from her stake in Camargo Correa, a conglomerate founded by her late husband in 1939. The firm has operations in cement, energy and construction, and in 2012 it bought 95% of Cimpor for $3.7 billion. Dirce was chairman of Camargo Correa until 1996, and upon her death, her three daughters will inherit the family fortune since they hold equal share of the Participacoes Morro Vermelho SA holding company, which controls Camargo Correa.
Dirce Navarro De Camargo & family is a member of Construction & Engineering
Dirce Navarro De Camargo & family, renowned for their significant contributions to the Construction and Engineering sector in Brazil, have amassed a remarkable net worth of $11.5 Billion as of 2024. With a steadfast commitment to excellence, their company has been instrumental in shaping and transforming Brazil's infrastructure landscape. Leveraging their expertise and business acumen, the family has witnessed remarkable growth and success, cementing their position as industry leaders. Their vast wealth is a testament to their dedication and visionary leadership in the construction and engineering domain, making them an iconic figure within Brazil's business sphere.
Biography/Timeline
1994
Her husband, Sebastião Camargo, who died in 1994, founded the privately traded Brazilian conglomerate Camargo Corrêa. Dirce Camargo was chairman from 1994 to 1996, and was a major shareholder, with a net worth of $13.8 billion when she died.
2013
Camargo died 20 April 2013, aged 100. Bloomberg reported that her three daughters, Regina de Camargo Pires Oliveira Dias, Renata de Camargo Nascimento and Rosana Camargo de Arruda Botelho were "poised to inherit the family fortune", as each holds an equal share of the holding company.
