Nevaldo Rocha & family

$2.42B

as of 01/19/20

About Nevaldo Rocha & family

Nevaldo Rocha is the architect behind Riachuelo, one of Brazil's largest retailers.

In 1947, Rocha opened a clothing store with his brother Newton in the northeastern Brazilian city of Natal.

His Grupo Guararapes bought the Riachuelo brand in 1979, which has since become the centerpiece of the business.

Under Rocha's direction, Grupo Guararapes transformed from a clothing manufacturer to a fashion designer, producer and distributor.

In August 2018, Rocha resigned as president of the board. His children still work at the company.

Personal stats

Citizenship

Brazil

Source of wealth

retail

Residence

Natal, Brazil

Marital status

Widowed

Birth date

01/01/30 (age 94)

Number of children

Self-made

self-made