Brazil’s Billionaire List – Up, Above and Going Fast

Brazil’s been breaking all sorts of records lately — all the way from GDP growth to its total number of billionaires.

The country, which is now the 5th largest economy in the world with a 7.5% GDP growth, has birthed 12 new names on this year’s World’s Billionaires list, hitting a record high of 30 billionaires. That’s no thanks to Brazil’s stock market, which grew just 1% over the last twelve months. But it is thanks to the Brazilian currency, the real (up 12% against the dollar) and increased transparency in its public companies’ disclosures.

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