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Américo Amorim again the richest man in Portugal

amorimThe rich list for Portugal, complied by Exame magazine, is again led by businessman Américo Amorim who was pushed into second place in 2012 by Alexandre Soares dos Santos who now is running second.

Américo Amorim has been at the top of the pile in 2008, 2009, 2010 and 2011.

His fortune is now estimated at €4,500 million and had risen by a surge in the share price of Galp Energia, Banco Popular and Ceibo Amorim.

 

According to the survey, the 25 largest fortunes in Portugal in 2013 total €16,700 million, showing an increase over 2012’s €14,400 million.

"These may be times of crisis, but large fortunes continue to grow," writes the publication, adding that the current top 25 total is equivalent to 10% of Portugal's national GDP.

The Guimarães de Mello family retained the third position with a fortune of €1,700 million, followed by Belmiro de Azevedo who saw his fortune double last year to €1,200 million keeping him in fourth place.

The richest woman in the country is still Maria Isabel dos Santos, one of the major shareholders of Jerónimo Martins, rising from 9th place to 7th place in the ranking with a fortune of €574.9 million.

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