Brazil's Peerless Bargain Hunter

How Julio Bozano has cashed in on free-market reform

He's a kind of Warren Buffett South. From elegant headquarters in downtown Rio de Janeiro, Julio Bozano presides over a sprawling empire, ranging from a leading investment bank to shopping malls and a coffee plantation about the size of Connecticut. The 60-year-old billionaire is chairman and chief shareholder of Companhia Bozano, Simonsen. While his conglomerate currently numbers 30 companies, Bozano is on a buying and selling spree, taking stakes in floundering companies from steelmakers to petrochemical producers and turning them around for sale at fat profits.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.