Net Worth: $3.8 Billion
- Source of Wealth Retail
- Birth Place São Paulo Brazil
- Full Name Abílio dos Santos Diniz
- Nationality Brazilian
- Date of Birth December 28, 1936
- Ethnicity Portuguese-Brazilian
- Occupation Businessman
About Abilio dos Santos Diniz
Abilio dos Santos Diniz has an estimated net worth of $3.8 billion as of April 2016, according to Forbes. He is the Chairman of Brazil’s largest retailing company, Companhia Brasileira de Distribuicao (CBD) which runs the supermarket chain Pao de Acucar, . Diniz reportedly sold a large stake to French company Casino by $860 million. He then stepped down as the company’s Chief Executive Officer but remained as the Chairman.
In his younger years, this successful Portuguese-Brazilian businessman was actively involved in car racing competition. Together with his brother Alcides, they won the 1970 Mil Milhas Brasil. He funded career of his son, Pedro Diniz, a former Formula One driver.