Silvio Santos Net Worth $1.3 Billion
He’s the 35th wealthiest individual in Brazil and 1107th in the record of World Billionaires. He grew up poor and had to work as a street seller during his teenagers in the early 40’s. With his interest in the artwork, he began working on television and radio endeavors too as in circus productions whenever you can. He persevered and it’s paid off. A radio scout discovered his power to sell nearly anything and he got work at a local radio station. He eventually became one of the most widely recognized television hosts in Brazil in the 1960’s. In 1981, Silvio Santos founded Sistema Brasileiro de Televiso (SBT), among the very most successful broadcast firms in Brazil. Silvio started Grupo Silvio Santos, a holding company with focus on resorts and agribusiness. He was the producer of several Brazilian variations of popular reality shows including Candid Camera, Wheel of Fortune, Celebrity Big Brother and Who Wants to Be a Millionaire? Also, he was previously a host of Show de Milhao, a popular Brazilian game show which was aired in Brazil along with Great Britain. Santos is in addition the owner of Jequiti Cosmeticos, a fast growing beauty business. Furthermore, he owns Liderana Capitalizaao, a firm that sells Tele Sena, a onetime payment bond. In this time, the company was associated with an alleged $2 billion accounting fraud scandal. The proceeds of the sale were used to cancel the losses of Banco Panamericano.