BillionaireNet
family
Jayme Garfinkel & family
Rank #1695
BRAZILFinance & InvestmentsInsurance

Jayme Garfinkel & family

Net Worth
$2.312B
+0.87% (24h)
Jayme Garfinkel, a prominent figure in the Brazilian finance and insurance industry, has built a substantial fortune primarily through his involvement with Porto Seguro Seguros. At 80 years old, Garfinkel's career has spanned several decades, marked by significant achievements and leadership roles within the insurance sector. His net worth is estimated at $2.4 billion, placing him among the wealthiest individuals in Brazil. Garfinkel's career began in 1972 when he joined Porto Seguro as an assistant executive officer, rapidly ascending to executive officer vice president in 1978. He later served as CEO until 2012. His strategic leadership and focus on innovation, including the introduction of personalized services, have been key factors in the company's success.

The Full Dossier

Early Life

Jayme Brasil Garfinkel was born on November 30, 1945, into a Jewish family in Brazil. He received 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.

Rise to Success

Garfinkel's career took a pivotal turn in 1972 when he joined Porto Seguro as an Assistant Executive Officer. He rapidly climbed the corporate ladder, becoming the Executive Officer Vice President in 1978. His leadership was crucial in transforming Porto Seguro into a leading auto insurer. Garfinkel's strategic vision led to the company's growth, and under his guidance, Porto Seguro offered personalized services, increasing its market value.

Key Business Strategies

A significant strategy employed by Garfinkel was the diversification of services and client-focused innovation. His tenure at Porto Seguro was marked by introducing personalized insurance policies. This focus on customer-centric services contributed to the company's strong market presence and financial performance. Garfinkel served as CEO until 2012.

Philanthropy

Through his insurance company, Garfinkel has funded the creation and maintenance of schools in shantytowns around Sao Paulo, which serve over 50,000 children.

Career Timeline

2006

CEO of Porto Seguro

Appointed as the Chief Executive Officer of Porto Seguro.

1978

Executive Officer Vice President

Became the Executive Officer Vice President of Porto Seguro.

1975

Graduate Studies

Completed graduate studies in Business Administration at Getúlio Vargas College.

1972

Joined Porto Seguro

Joined Porto Seguro as an Assistant Executive Officer.

1970

Civil Engineering Degree

Received a degree in Civil Engineering from the Polytechnic School of the University of São Paulo.

Philanthropic Impact

EducationUndisclosed

Education in Shantytowns

Funded the creation and maintenance of schools in shantytowns around São Paulo, serving over 50,000 children.

Wealth Trajectory