BRAZIL: An Even Billion

BRAZIL An Even Billion

The No. 1 tycoon of São Paulo, of Brazil and probably of all Latin America is Count Francisco Matarazzo Jr., 52. The commercial empire founded by his Italian-born father was already the biggest in Brazil when he inherited it 15 years ago. Since then the count (Italy's Victor Emmanuel bestowed the title in 1917 for charities in Italy) has tripled the empire's possessions. His firm, Industrias Reunidas F. Matarazzo (I.R.F.M.), employs more than 30,000 workers in 367 plants (textiles, foodstuffs, 80-odd other miscellaneous products).

In São Paulo, the world's fastest-growing...

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