Americo Amorim

$4.40 B

Ranked #385 in World

About Americo Amorim

Américo Ferreira Amorim, the Portuguese magnate who passed away on July 13, 2017, was celebrated as a keystone in the global cork industry through his 50% ownership in Corticeira Amorim, the world's leading cork producer, established by his grandfather in 1870. Born into a humble family in Mozelos, Portugal, in 1934, Amorim’s ventures extended beyond cork, embracing the finance and energy sectors. Notably, he co-established Banco Internacional de Credito (BIC) alongside Isabel dos Santos in Angola in 2005 and had a pivotal role in its Lisbon operations from 2008. Before selling his BIC stake to dos Santos in 2014, he notably influenced Galp Energia as a major shareholder and chairman until 2016. He is survived by his wife, Maria Fernanda de Oliveira Ramos, and three daughters.

Born

July 21, 1934 in Mozelos, Santa Maria da Feira, Portugal

Died

July 13, 2017 (aged 82)

Source Of Wealth

Energy, Investments

Industries

Diversified

Citizenship

Portugal

Children

3, including Paula Amorim

Américo Ferreira Amorim was born on July 21, 1934, in Mozelos, Portugal. He came from a modest family and showed an early interest in business and entrepreneurship.

Americo Amorim: Family

Amorim was married to Maria Fernanda de Oliveira Ramos, and together they had three daughters: Paula, Margarida, and Joana. His family played a significant role in supporting his business endeavors and maintaining the success of Corticeira Amorim.

Americo Amorim: Career Highlights

Amorim's most notable career achievement was his role as co-owner and chairman of Corticeira Amorim, the world's largest cork producer. He inherited a 50% stake in the company, which was founded by his grandfather in 1870. Under his leadership, Corticeira Amorim expanded its global reach and became a leading player in the cork industry.

In addition to his success in the cork industry, Amorim had interests in finance and energy. He co-founded Banco Internacional de Credito (BIC) in Angola with Isabel dos Santos in 2005. BIC Portugal began operations in Lisbon in 2008 with the same ownership structure as BIC Angola. However, Amorim sold his stake in BIC to Isabel dos Santos in 2014.

Amorim also held an 18% stake in Galp Energia, a Portuguese energy company, and served as its chairman until 2016. His involvement in the energy sector further diversified his business portfolio.

Americo Amorim: Companies

Amorim's primary business venture was Corticeira Amorim, the cork production company that he co-owned and led. He also had significant interests in Banco Internacional de Credito (BIC) and Galp Energia.

Americo Amorim: Major Achievements

Amorim's major achievements include transforming Corticeira Amorim into a global leader in the cork industry, expanding its operations worldwide, and diversifying his business portfolio through investments in finance and energy.

Americo Amorim: Awards & Achievements

Amorim received numerous awards and recognitions for his contributions to the business world. These include the "Grande Oficial da Ordem do Infante D. Henrique" (Grand Officer of the Order of Prince Henry) from the Portuguese government and the "Prémio Carreira" (Career Award) from the Portuguese Chamber of Commerce and Industry.

Americo Amorim: Personal Life & Legacy

Amorim was known for his dedication to his work and his commitment to social responsibility.

He actively supported various charitable causes and educational institutions. His legacy as a successful entrepreneur and philanthropist continues to inspire future generations.

Americo Amorim: Trivia

Amorim was a passionate collector of contemporary art and owned an extensive collection of Portuguese and international artworks. He also had a keen interest in horse racing and owned several racehorses.

Wealth History

Timeline

1934

Américo Ferreira Amorim was born in Mozelos, Portugal.

1870

Corticeira Amorim, the world's largest cork producer, was founded by Américo Ferreira Amorim's grandfather.

2005

Américo Ferreira Amorim co-founded Banco Internacional de Credito (BIC) in Angola with Isabel dos Santos.

2008

BIC Portugal began operations in Lisbon with the same ownership structure as BIC Angola.

2014

Américo Ferreira Amorim sold his stake in BIC to Isabel dos Santos.

2016

Américo Ferreira Amorim stepped down as chairman of Galp Energia, where he held an 18% stake.

July 13, 2017

Américo Ferreira Amorim passed away.

Americo Amorim : FAQs

What is Americo Amorim's net worth?

As of 2017, Americo Amorim's net worth was $4.40 billion.

What are Americo Amorim's main sources of wealth?

Americo Amorim's main source of income comes from Energy, Investments.

In which industry does Americo Amorim primarily operate?

Americo Amorim is primarily involved in the Diversified industry.

Is Americo Amorim dead?

Yes, Americo Amorim died on July 13, 2017 (aged 82).

How many children does Americo Amorim have?

Americo Amorim has 3 children.

Who was Américo Ferreira Amorim and what was he known for?

Américo Ferreira Amorim was a Portuguese billionaire businessman, known as the co-owner of Corticeira Amorim, the world's largest cork producer.

What major corporate move did Américo Amorim make in the banking sector in Angola and Portugal?

Américo Amorim co-founded Banco Internacional de Credito (BIC) in Angola with Isabel dos Santos in 2005, and BIC Portugal began operations in Lisbon in 2008 with the same ownership structure as BIC Angola.

What stake did Américo Amorim hold in Galp Energia, and what role did he play in the company?

Américo Amorim held an 18% stake in Galp Energia and served as its chairman until 2016.

Can you detail the personal life of Américo Ferreira Amorim, including his family background?

Born into a modest family in Mozelos, Portugal, in 1934, Américo Ferreira Amorim was married to Maria Fernanda de Oliveira Ramos, with whom he had three daughters.

What significant event marked the end of Américo Amorim's life and when did it occur?

Américo Ferreira Amorim passed away on July 13, 2017, marking the end of his impactful life as a leading business figure in Portugal.