Guilherme Paulus Remains an Icon in the Success of Brazil’s Tourism Industry
Guilherme Paulus is one of the wealthiest men in the world based on the fact that he has achieved a lot at the age of 68. He is an active entrepreneur who does not fear taking risks. Throughout his career, he has been in the tourism industry, managing one of the most successful tour operator firms in Brazil.
His success at CVC
Guilherme Paulus is the co-founder of CVC Company which has grown tremendously as a result of the booming tourism industry. After his partner left the business in 1976, he took it as his sole responsibility to take charge of all the operations. He has worked so hard over the years to the extent that the company has become focal attention to global private equity holders.
When the company was almost getting crippled in 1979 by the economic downturn, the great thinker received support from Mercedes Benz which made the firm resurrect to success. In the later years, CVC grew and achieved a distribution model that involved establishing hotels and malls as well as airline distributions. See Related article at panrotas.com to learn more.
His partial exit from CVC
In 2016, the entrepreneur together with the Carlyle Group LP sold their stakes at CVC Brasil where they gathered about $ 394 million. Both Carlyle and Guilherme Paulus placed over $ 60 million for sale which is about 44.7% of the company’s stocks. Since the deal was a secondary transaction, the proceeds were directly channeled to Paulus and his counterpart. The transaction was managed by three investment banking units: Itau Unibanco SA, America Corp Bank, and Morgan Stanley & Co.
More about Guilherme Paulus
Guilherme Paulus has been mentioned as one of the top billionaires by Forbes. After his success at CVC, he decided to venture into other activities from which he established a network of hotels. In 2005, he created the GJP Hotels and Resorts where he can offer hospitality services to both middle and high class. The business has grown over the years and currently coordinates 20 resorts and hotels. The current goal of the venture is to establish hotels close to Brazil’s airports where it will be able to serve tourists and the locals. Find out more about Paulus by visiting: http://forbes.uol.com.br/negocios/2015/12/como-o-bilionario-guilherme-paulus-pretende-se-tornar-o-maior-hoteleiro-do-brasil/