Marcel Herrmann Telles Biography & Net Worth 

Brazilian businessman and investor Marcel Herrmann Telles is one of the 5 wealthiest businesspersons in Brazil. Along with billionaires Jorge Paulo Lemann and Carlos Alberto Sicupira, Marcel Herrmann Telles is a majority shareholder in Anheuser-Busch InBev which is considered the leading beer company in the world. He previously served as a board member and chief executive officer of Anheuser-Busch InBev, and as the chairman of Ambev. Marcel and his business partners also own the flourishing investment firm, 3G Capital, which acquired control of the Burger King hamburger chain in 2010. He co-founded the investment company and currently maintains a position on its board. The dynamic trio of Marcel Hermann Telles, Jorge Paulo Lemann, and Carlos Alberto Sicupira also owns the Lojas Americanas, a successful retailing company in Brazil. For twenty-four years until 1998, Mr. Telles served as a partner at Garantia Merchant Bank. He also had a spell at GP Investimentos, serving as a partner until 2004. Continue with reading the remainder of this article for more details.

Early Life

The Brazilian businessman and investor Marcel Herrmann Telles was born in Brazil on the 23^rd of February 1950.

He is a qualified and educated man, having graduated from Universidade Federal do Rio de Janeiro with his bachelor’s degree. He also attended Harvard University where he completed the OPM program.

Professional Life

After meeting Jorge Paulo Lemann and Carlos Alberto Sicupira, Marcel Herrmann Telles worked with them both to start up a business in 1971. They formed the investment bank called Banco Garantia, which has become one of the most renowned investment banks in Brazil.

Mr. Marcel and his business partners acquired the Brazilian brewery business called Companhia Antarctica Paulista after gaining principal control of Brahma Beer. Both businesses were merged to form a single brand called AmBev. In 2004, AmBev was merged with another brewing company Interbrew to become a single entity known as InBev. In less than a year, the stock of the new company, InBev, increased by 40 percent and solidified the billionaire status of the three businessmen. InBev later went on to buy shares of the American brewer Anheuser-Busch which is behind globally known brands like Budlight and Budweiser. The merger between InBev and Anheuser-Busch led to what became the Anheuser-Busch InBev (AB InBev) company.

In 2004, Marcel, Carlos, Jorge, and their partner Robert Thompson Motta, founded an investment company which they named 3G Capital. Six years later, 3G bought the shares of the Burger King Company in a $4 billion deal. In 2013, 3G Capital made headlines when it paid an estimated $28 billion in acquiring the H.J.Heinz Company.

Marcel Herrmann Telles and his business partners also control the real estate investment firm, São Carlos Empreendimentos e Participações, and the Brazilian retailer Lojas Americanas. He was hired by Banco Garantia in 1972 and has served as a board member of Burger King, Partner of GP Investimentos, and board member of Lojas Americanas. He was the chief executive officer of Brahma for a decade from 1989 to 1999. Mr. Telles managed to gain all of the above positions by dedicating his attention to business after he graduated from the Federal University of Rio de Janeiro with a Bachelor of Arts degree and earned a business degree from Harvard University. Ever since, he has accumulated enough riches to be listed by Forbes magazine on its World’s Billionaires list.

Personal Life

Mr. Telles resides in Rio, Brazil. He is currently married and has two children.

In July 2014, Mr. Telles reportedly spent over 31 million dollars to purchase a luxurious property in New York City, New York,

Marcel Herrmann Telles Net Worth

Mr. Marcel Herrmann Telles has made numerous accomplishments in his life as an individual, and also a teammate of his longtime billionaire partners Jorge Paulo Lemann and Carlos Alberto Sicupira. As it stands,  Marcel Herrmann Telles’ net worth is pegged at $14 billion. He is one of the three key men that control the world’s largest beer company Anheuser-Busch InBev. The bulk of his wealth has been earned from the said company even though he has tried his hands on a couple of other investments and has led a small number of other businesses.

Currently ranked on the 5 wealthiest Brazilians list, Mr. Marcel Herrmann Telles earned most of his wealth based on his 4 percent share in the world’s largest beer producer Anheuser-Busch InBev. He also owns 25 percent of 3G Capital which controls a 43 percent voting interest in Restaurant Brands International, and also owns shares in Heinz and the Burger King restaurant chain.