Jose Luis Cutrale
$2.2 B
Known in Brazil as “Orange King,” Jose Luis Cutrale owns the majority of closely-held Sucocitrico Cutrale Ltda., one of the largest suppliers of orange juice in the world. It owns juice brands in Brazil and Florida and is a major orange-juice concentrate supplier to the Minute Maid and Simply Orange brands, which belong to Coca-Cola. His family has been in the orange business for over a century, and today the Cutrales also invest in commodities and soy plantations. Together with fellow Brazilian billionaire Joseph Safra, Jose Luis Cutrale acquired Chiquita Brands International Inc, one of the world’s largest banana producers, for about $1.3 billion in 2015. Cutrale is also a board member of Coca-Cola Femsa SAB (Mexico’s Coca-Cola franchise), the largest franchise bottler of Coke worldwide. His two sons and his daughter work in the family businesses.
Jose Luis Cutrale net worth: Jose Luis Cutrale is a Brazilian businessman and entrepreneur who has a net worth of $2.5 billion. Jose Luis Cutrale was born in Sao Paulo, Brazil in September 1946. He owns the majority of Sucocitrico Cutrale Ltda. which is one of the largest suppliers of orange juice in the world. The company owns juice bands in Florida and Brazil and supplies orange juice concentrate to Minute Maid and Simply Orange. Jose Luis Cutrale acquired Chiquita Brands International for about $1.3 billion in 2014. He is a board member of Coca-Cola Femsa SAB and controls one third of the world’s orange juice market which does $5 billion a year. He is rarely seen in public and is friends with Florida governor Jeb Bush. Jose Luis Cutrale is married with two sons that work for the family business.
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