Tuesday, September 21, 2010

The Billionaire Who Bought Burger King

Yesterday, Bloomberg had an interesting article on Brazilian billionaire Jorge Paulo Lemann, the 71-year old investor behind investment firm 3G Capital which just purchased fast food giant Burger King for $3.3 billion. Lemann's story is inspiring because he has had an entrepreneurial spirit his whole life, having founded an investment bank in Brazil at age 32 that was dubbed the "Brazilian Goldman Sachs". Besides his role as a banker and his recent acquisition of Burger King, Lemann was also an active player in InBev's purchase of Anheuser-Busch as he owned a substantial stake in InBev (and still does). 

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