Jayme Garfinkel Net Worth

Jayme Garfinkel has an estimated net worth of $2.7 billion, according to Forbes Real-Time Billionaires, Jayme Garfinkel profile (figures as of October 20, 2026). That is up from $2 billion in 2018.

Jayme Brasil Garfinkel is a Brazilian investor and the largest individual shareholder of Porto Seguro, one of Brazil's leading auto insurers and the third largest insurance company in the country. He was born to a Jewish family, the son of Rosa and Abrahão Garfinkel, though he considers himself an agnostic.

He earned a degree in civil engineering from the Polytechnic School of the University of São Paulo in 1970 and completed graduate studies in business administration at Getúlio Vargas College in 1975. He joined the insurer in 1972, before finishing his graduate studies.

Garfinkel has also been active in the wider insurance industry. He was a member of CNSP from 1987 until 1991, served as president of the São Paulo state syndicate of private insurance and capitalization companies from 1989 to 1990, and sits on a consulting committee of Fenaseg, the national federation of general insurers.

How Jayme Garfinkel made his money

His family bought Porto Seguro, then a small business, in 1972, when he was 26. He joined the company that year as an assistant executive officer. His father died in 1978, six years after the purchase, and Garfinkel took a prominent role, becoming executive vice president that year. Those early years set up his long career at the company.

He built Porto Seguro into a major insurer. The company went public in 2004, and Garfinkel was CEO until 2012. His son Bruno Campos Garfinkel is now chairman of the board. Other relatives are in the business too: his nephew Marcelo Blay founded Minuto Seguros, a startup that sells insurance online and is backed by the Silicon Valley fund Redpoint Eventures. Over four decades, the small business his family bought became one of the biggest names in Brazilian insurance.

How Forbes has valued Jayme Garfinkel

Forbes valued Garfinkel at $2 billion in 2018 and $2.5 billion in 2019. His figure was $1.4 billion in 2021 and 2022.

It rose to $1.8 billion in 2023 and $1.9 billion in 2024, was $1.8 billion in 2025 and jumped to $2.7 billion on the 2026 World's Billionaires List. As of October 20, 2026, the Forbes real-time billionaires tracker also showed $2.7 billion, a figure that moves with Porto Seguro's share price. His 2026 figure was the highest Forbes had recorded for him.