Roberto Civita Net Worth
Here is a comprehensive look at the net worth and career of Roberto Civita, a Brazilian businessman and publisher.
| Category | Information |
|---|---|
| Net Worth | $5 billion |
| Salary | Unknown |
| Birthdate | August 9, 1936 |
| Birthplace | Milan, Italy |
| Gender | Male |
| Height | Unknown |
| Profession | Businessman, Publisher |
| Nationality | Brazilian |
Highlights
– Roberto Civita’s net worth is estimated to be $5 billion.
– He inherited a media group from his father and expanded it into one of Brazil’s largest magazine publishers.
– He joined the family business in the late 1960s and became the President in 1982.
– Under his leadership, the company became one of the largest publishing companies in Brazil, employing around 7,000 people.
Early Life
Roberto Civita, born Roberto F. Civita on August 9, 1936, in Milan, Italy, moved to New York with his family in 1938 to escape the effects of the Race Laws. Eventually, the Civita family settled in Brazil, where his father, Victor Civita, founded a publishing house called Editora Abril in 1949.
Career
After graduating from the University of Pennsylvania, Roberto Civita joined the family business in the late 1960s. He worked his way up and became the President of Editora Abril in 1982. In 1990, he took overall control of the company and turned it into one of the largest publishing companies in Brazil.
In addition to his work in the media industry, Civita also headed education foundations and actively participated in the leadership of the Lauder Institute and the Wharton Advisory Board.
Personal Life
Roberto Civita was survived by his second wife, Maria Antonia, three children from his first marriage (Giancarlo, Roberta, and Victor), and six grandchildren. His son, Giancarlo, succeeded him as the Head of Abril.
Net Worth Over Time
Roberto Civita’s net worth increased significantly throughout his career. It is estimated that at the time of his passing in 2013, his net worth was $5 billion. His success can be attributed to his leadership and expansion of Abril, making it one of the most prominent publishers in Brazil.
Components of Net Worth
Roberto Civita’s net worth primarily came from his ownership stake and leadership role in Editora Abril. The company’s success in the magazine publishing industry, along with its various subsidiaries and ventures, contributed to his substantial wealth.
Additionally, his involvement in education foundations and advisory positions added value to his net worth and influence in society.
In conclusion, Roberto Civita was a highly successful businessman and publisher who turned his inherited media group into one of Brazil’s largest magazine publishers. With a net worth of $5 billion, Civita’s contributions to the publishing industry and education foundations solidified his prominence in Brazilian society.