Abilio dos Santos Diniz
Abilio dos Santos Diniz a Brazilian businessman. He is the chairman of the board of directors of Península Participações, chairman of the board of directors of BRF and member of the board of directors of both Carrefour Group and Carrefour Brasil. Through GPA, Diniz became one of the wealthiest individuals in Brazil.
- Retail tycoon Abilio dos Santos Diniz‘s father, a Portuguese immigrant, founded Grupo Pao de Acucar in 1948 in Brazil.
- Under Diniz’s management, Pao de Acucar became Brazil’s largest retailer. In 2012, he sold a stake to French supermarket operator Groupe Casino.
- Within a year, the relationship with the French partners went sour; Diniz ceded control of Grupo Pao de Acucar to Casino in September 2013.
- In 2016, he became a significant shareholders of Carrefour SA, Casino’s competitor. He also chairs meat processor Brasil Foods.
