How Much is Sérgio Horst Worth in 2021? Net Worth Revealed!
Do you ever wonder how much money the rich and famous possess? It’s pretty common to be curious about their lifestyle and the number of zeros in their bank account, especially if you’re a fan.
In this blog post, we will discuss Sérgio Horst, a prominent Brazilian businessman and entrepreneur who has made a name for himself in multiple fields. We will reveal his net worth in 2021 and all the financial aspects that contributed to it. So, let’s get started!
Who is Sérgio Horst?
Sérgio Horst was born on June 30, 1957, in Santa Cruz do Sul, Rio Grande do Sul, Brazil. He is a self-made millionaire businessman and an entrepreneur who has accumulated wealth through multiple ventures.
Horst started his career as the owner of a school supplies store in Rio Grande do Sul. Afterward, he went on to establish Herval, a conglomerate that operates in various sectors including retail, furniture manufacturing, and renewable energy.
Besides business, he is also actively involved in philanthropy and sports. Horst was the president of Sport Club Internacional from 2008 to 2010, a professional Brazilian football club based in Porto Alegre.
Horst’s Net Worth in 2021
According to celebritynetworth.com, Sérgio Horst’s estimated net worth in 2021 is around $1.7 billion.
His wealth primarily comes from his conglomerate Herval, which has an annual revenue of approximately $1 billion. Moreover, Herval furniture has around 126 stores across Brazil and exports to over 50 countries globally.
In addition to Herval, Horst has made several investments in other sectors. He has a 30% stake in the wind power company Ventos do Sul Energia S.A., which has a production capacity of 70 MW. He is also an investor in digital streaming platforms that focus on live sports events.
The Early Days of Herval
Horst started Herval as a small furniture manufacturer in Rio Grande do Sul, Brazil, in 1967. With hard work and dedication, Herval gradually expanded, and today it is one of the largest furniture manufacturers in Brazil.
Herval has more than 5,000 employees, 15,000 products, and 126 stores across Brazil. Apart from furniture, Herval also operates in the energy sector, with a windmill park that generates renewable energy.
Horst’s Awards and Achievements
Sérgio Horst has achieved remarkable success in his career, which has earned him immense respect and recognition both in Brazil and internationally.
He has been awarded various awards such as the Entrepreneur of the Year, awarded by Ernst and Young. In addition, he has also been awarded the RBS Management Award.
Moreover, Horst was named Man of the year in Business in 2012 and Best CEO of the furniture industry in 2013 by the magazine Móbile.
The Horst Foundation
Sérgio Horst is also a well-known philanthropist and humanitarian who is actively involved with the Horst Foundation.
The foundation paid for the construction of a hospital in his hometown Santa Cruz do Sul, that has been operational since 2017 and has approximately 3,500 square meters in area.
Besides the hospital, Horst Foundation also supports multiple social and environmental causes, such as blood donation campaigns, education, sports, and cultural events.
FAQs
Q1. What is Sérgio Horst’s primary source of income?
A1. Sérgio Horst’s primary source of income is his conglomerate, Herval, which operates in various sectors including retail, furniture manufacturing, and renewable energy.
Q2. How many stores does Herval have?
A2. Herval has around 126 stores across Brazil and exports its products to over 50 countries globally.
Q3. What is Sérgio Horst’s estimated net worth in 2021?
A3. Sérgio Horst’s estimated net worth in 2021 is approximately $1.7 billion.
Q4. When was Herval established?
A4. Herval was established in 1967 in Rio Grande do Sul, Brazil, as a small furniture manufacturer.
Q5. Does Sérgio Horst have any involvement in philanthropy?
A5. Yes, Sérgio Horst is actively involved in philanthropy and is associated with the Horst Foundation.
Q6. Which sports club did Sérgio Horst serve as the president of?
A6. Sérgio Horst served as the president of Sport Club Internacional from 2008 to 2010, a professional Brazilian football club based in Porto Alegre.
Q7. What is Horst Foundation’s primary objective?
A7. Horst Foundation primarily supports social and environmental causes, such as blood donation campaigns, education, sports, and cultural events.
Conclusion
Sérgio Horst is a prominent Brazilian businessman and philanthropist who has made his fortune through a multi-sector conglomerate. Starting as a small furniture manufacturer, Horst has now created a legacy that operates in numerous sectors and generates over $1 billion in revenue annually.
Through the Horst Foundation, he is also involved in social and environmental causes that help improve the lives of people. Horst’s estimated net worth in 2021 is around $1.7 billion, making him one of Brazil’s wealthiest individuals.
In conclusion, Sérgio Horst’s success story serves as an inspiration for those who want to make it large in the business world. He has achieved his goals through hard work, dedication, and resilience, which has earned him the success and respect he deserves.