Jorge Lemann: The Man who didn’t give up despite the odds

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Few billionaires have it all – intelligence, power, luck and exceptional talent. Often referred to as one of the ‘Kings’ of beer, Jorge Paulo Lemann is a self made man who has built a name for himself in the world of business. He is considered to be one of the shrewdest businessmen in the world and his story is nothing short of an inspiration. A Swiss-Brazilian banker, Jorge Paulo Lemann has today find a place as the richest man in the world.

Here’s his story

Childhood

Jorge Paulo Lemann was born in Rio de Janeiro, Brazil. He was the son of Swiss immigrants who moved from Switzerland to Brazil. His father owned a manufacturing company and Lemann has got all the reins of his father’s company.

Education and other activities

He went to the American School. Jorge Lemann was one of the smartest and most talented in his class, he was not only a great student but also a superb athlete. He spent much of his free time surfing and playing tennis.

A major setback

Jorge suffered a deep setback when his father passed away after a bus accident and he had to take over the business on his own. That is where the most inspirational aspect of his story comes in.

Struggle for higher education

Jorge Lemann enrolled in Harvard University and worked hard till he got into a Bachelor of Arts degree in Economics from what is probably the most prestigious seat of education in the world, Harvard University.

Career’s first draft

Lemann started his professional career as a tennis player. He won the Brazilian national tennis championship five times, played for both the Swiss and Brazil Davis Cup teams and played at Wimbledon.

Early career stage

After his degree, he began his work as a trainee in Credit Suisse, one of the world’s foremost banks-in Geneva. He then went on to own an equity interest in a company called Invesco, which eventually went bankrupt.

Turning point

However, Jorge was undaunted .The turning point in his life came when he co-founded the Brazilian investment banking firm known as Banco Garantia. He continues to serve as one of its Board of Directors even today. The bank went from leaps to bounds during his tenure and was even listed by Forbes as one of the foremost banks in the nation. He came to known as “Goldman Sachs of Brazil.”

Private equity company

Jorge Lemann after a while, he sold Banco Garantia to Credit Suisse Boston for many millions and founded the private equity company called GP Investimentos along with two of Brazil’s famous breweries. This made Jorge Lemann a major shareholder of Brazil’s share market.

Bottom line

Jorge Lemann’s story is one of the inspiring stories. With an excellent strike rate at the industries that he has taken over, his story of not giving up despite the odds, make him a terrific and well-known success story all over Brazil.

Thoughts

It takes the same effort to think small than to think big. But to think big frees you from the insignificant details and Leadership by personal example is vital, both in heroics as in day-to-day small gestures.


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