Jorge Paulo Lemann

Lemann's investment career moved from banking into brewing and then a wider range of consumer businesses with long-standing partners. Their 3G investment network extended into restaurants and, in 2022, window-coverings manufacturer Hunter Douglas. Those interests were held through partnerships and companies, not owned outright by Lemann alone. Following the ownership vehicles also prevents an old investment, such as Kraft Heinz, from being automatically treated as a permanent part of the portfolio.