He is the son of the company's founder, José Lins Andrade, and has been at the helm since his father's death in 2002. He has since grown the company into one of the largest construction companies in Brazil, with operations in more than 20 countries. Sergio Lins Andrade and his family have a combined net worth of $1.6 billion, making them one of the wealthiest families in Brazil.
Sergio Lins Andrade is a member of Richest Billionaires
Age, Biography and Wiki
💰 Net worth: $1.6 Billion (2024)
Sergio Lins Andrade is chairman of Andrade Gutierrez, a privately-held Brazilian conglomerate active primarily in construction. Andrade Gutierrez was founded in 1948 by three engineers: Flavio Gutierrez, and brothers Gabriel and Roberto Andrade; the latter was Sergio's father. It is now owned by various members of the Andrade and Gutierrez families, while Sergio, whose stake of just over 33% makes him the largest shareholder, is the only billionaire.
Privatization of infrastructure sectors in Brazil in the 1990s enabled Andrade Gutierrez to expand into public infrastructure concessions and telecommunications. The company is being investigated in the 'Lava Jato' anti-corruption probe, and has been banned from bidding on new contracts with Brazil's state-controlled oil giant, Petrobras. In his spare time, Sergio enjoys piloting gliders and scuba diving. He is married to Brazilian painter and sculptor Adriana Barreto.
Sergio Lins Andrade is a Brazilian businessman who shares a net worth of $1.6 billion with his family. Newcomer among world's richest, Sergio Lins Andrade chairs the board of Andrade Gutierrez, a Brazilian privately-held multinational conglomerate mainly active in construction. He also holds over 33% of the company whose revenues reached $8 billion (R$16.8 billion) in 2012.
Andrade Gutierrez was set up in 1948 by three engineers: Flavio Gutierrez, and brothers Gabriel and Roberto Andrade – Sergio's father. They were succeeded by members of the Andrade and Gutierrez families who expanded the company further. Following the privatization of Brazil's infrastructure sectors in the 1990s, Andrade Gutierrez got the chance to broaden into public infrastructure concessions and telecommunications. Sergio, the man who has been actively involved in the company's growth as its board chairman, was accused of sanitary sewer violation at his luxurious mansion in a gated community in Rio de Janeiro in late 2013. Of course, he denied any wrongdoing. Fan of piloting gliders and scuba diving, he is married to Brazilian painter and sculptor Adriana Barreto.
