The richest people in Latin America
The total number and fortune of Latin American billionaires increased substantially in 2012 compared to 2011. The exclusive club of the billionaires grew by 34 names to 98 last year from 64 in 2011.
Most of the acquired companies were in Brazil, Mexico and Chile. Most of the acquirers were in Brazil, the US and -- surprisingly -- in Colombia. Trends and data drawn from the Latin Business Chronicle 2012 Latin America’s top 100 M&A ranking.
The index fell 2.1 percent from 3Q11. Nevertheless Bimbo increased its revenue by 40 percent, Cencosud by 30 percent and Femsa by 23 percent. The fastest growing companies relied on their domestic markets and not on international markets.
Marfrig and Vale lead growth among multilatinas, the Multilatina Index shows.
Vale’s CEO Roger Agnelli, ousted by Brazil’s government, helped Vale outperform its multilatina peers.
Multilatinas like Vale outpace multinationals when it comes to revenue growth.
Brazil is more than the big cities, soybeans and gauchos. The Northern territories are rich on commodities.
The multilatinas post higher growth than multinationals operating in Latin America.
A closer look at the winners and losers among Latin America's 500 largest companies.
