Brazil has 127k families with net worth above US$1mn, according to Boston Consulting Group research just made public recently. This means that Brazil is 17th in the ranking of countries with the most millionaires. The US ranks 1st with 4.1mn households, Japan comes in 2nd, and China, 3rd. India and Brazil, together with China, are the only emerging markets on the 20-countryContinue reading “Brazilian millionaires”
Tag Archives: US
Newsweek: Americans should learn Portuguese
International press has been paying more attention to Brazil. Newsweek’s latest edition has an article about how Brazilian companies are becoming more international. Banco do Brasil, Marfrig, JBS-Friboi and Petrobras are among Brazilian companies expanding abroad. Bottom line: Americans should learn Portuguese. We have talked about Brazilian banks “going shopping” abroad in the past. BanksContinue reading “Newsweek: Americans should learn Portuguese”
U.S. Bean Farmers Seek Brazil Farmland Deals
Kansas City, June 16 – In a small-town spin on a global agricultural investment trend, a group of U.S. Midwest soybean farmers has issued a private placement this month to raise capital for farmland acquisitions in Brazil. The group, called South American Soy LLC, is seeking to raise close to $1 million to expand onContinue reading “U.S. Bean Farmers Seek Brazil Farmland Deals”
Brazil’s Foreign Policy
As a former US military officer, I look at this issue of Brazilian involvement with a possible military opponent with a certain amount of careful distance. It could be friends and former colleagues who are on the other side of these issues. On the other hand, as a Harvard graduate (along with Hildete), I recallContinue reading “Brazil’s Foreign Policy”
Brazilian capital markets roadshow in the U.S.
U.S. investors will have an opportunity to talk to representatives of Brazilian capital markets institutions this month. Meetings will be held in New York (22/jun), San Francisco (24/jun) and Boston (23/06). The visits are part of the next round of BEST, a joint initiative of ANBIMA, BM & F, CETIP and FEBRABAN, with support from CVM,Continue reading “Brazilian capital markets roadshow in the U.S.”