Jorge Paulo Lemann Net Worth

Jorge Paulo Lemann has an estimated net worth of $20.2 billion, according to Forbes Real-Time Billionaires, Jorge Paulo Lemann profile (figures as of October 20, 2026). That is down from a peak of $22.8 billion.

Jorge Paulo Lemann is a Brazilian businessman and investor known for co-founding 3G Capital. He started in investment banking and later became a controlling shareholder of Anheuser-Busch InBev, the world's largest brewer. Earlier in his career, he worked at Credit Suisse and then helped build Banco Garantia with Carlos Alberto Sicupira and Marcel Herrmann Telles. That bank became one of Brazil's best-known investment firms before its sale in 1998.

His wealth grew through beer, private equity, and big consumer brands. Lemann and his partners bought control of Brahma and Companhia Antarctica Paulista, which became AmBev. In 2004, AmBev merged with Interbrew to form InBev, and in 2008 InBev agreed to buy Anheuser-Busch for $46 billion. Through 3G Capital, he also backed Burger King, Heinz, Kraft Heinz, Restaurant Brands International, Hunter Douglas, and Skechers.

How Jorge Paulo Lemann makes money

Lemann made his fortune by combining banking, dealmaking, and long-term ownership in major consumer companies. In 1971, he helped found Banco Garantia, a Brazilian investment bank, and later sold it to Credit Suisse First Boston in 1998 for $675m. He and his partners also built stakes in Brazilian breweries, creating AmBev. That business later joined with Interbrew, putting him in a stronger position in the global beer industry.

A big part of his fortune is tied to 3G Capital, the private equity firm he co-founded. The firm is best known for investments in Anheuser-Busch InBev and Restaurant Brands International, the parent of Burger King and Tim Hortons. 3G also bought Heinz with Berkshire Hathaway in 2013, later backed the Kraft merger in 2015, acquired 75% of Hunter Douglas in a $7 billion deal in 2021, and bought Skechers in 2025 for almost $10 billion.

Forbes net worth changes

Forbes estimated Lemann's wealth at $22.8 billion in 2019, then $10.4 billion in 2020. It later put him at $16.9 billion in 2021 and $15.4 billion in 2022. Those swings came during years when his fortune remained tied to large public and private holdings across beer and consumer brands. His wealth has long moved with the value of those stakes and with major investment activity around 3G Capital.

More recently, Forbes valued him at $15.8 billion in 2023, $16.4 billion in 2024, and $17 billion in 2025. In 2024, 3G sold its stake in Kraft-Heinz after 11 years. Forbes placed him at $19.8 billion on its 2026 billionaires list, and its real-time tracker showed $20.2 billion as of October 20, 2026. That puts his recent wealth in line with 3G's continued dealmaking and his beer holdings.