10 Billionaires Best Investment Advice


 

6. Menin Teixeira de Souza

Souza made his money by building homes, especially for low-income Brazilians by founding MRV Engenharia & Participacoes, which is the third biggest Brazilian construction and real estate company. The company is headquartered in Belo Horizonte. Souza owns 32 percent of the company. The economic indicators which influenced him the most are the S&P 500 and the US dollar versus the real exchange rate.

Best advice that he’s Ever got: “The best was buying Brazilian C bonds when they were trading at 40 cents on the dollar. The securities, issued in the 1990s, traded at par in 2005 when the government bought back the last of them”, as quoted by Business Insider.