Forbes Magazine has released their newest issue, highlighting the list of the wealthiest people on the planet. Old billionaires were expected to be on the list, but what came as a surprise would be the addition of new names. One of them was Guilherme Paulus, who became a billionaire thanks to the growing tourism industry in Brazil. He is the founder of the CVC Brasil Operadora e Agencia de Viagens S.A. Right after Brazil hosted the 2014 FIFA World Cup and the 2016 Rio de Janeiro Olympic Games, Brazil experienced an increase in the number of foreign tourists arriving in the country. Guilherme Paulus took advantage of the tourist influx, and after careful planning and management, he reaped the benefits of being in the tourism industry and he was named as the newest billionaire from Brazil, with a net worth of $1 billion.
The booming tourism industry of Brazil is expected to grow further, thanks to their exposure from films and music to international sporting events. Last year, more than 6 million foreign tourists arrived in the country, and the trend states that more people will be visiting the country in the years to come. The high crime rate in the country does not stop the foreigners from visiting. The country offers a unique culture and tradition, history, and cuisine, which are the primary factors why tourists keep on visiting.
His interest in doing business started when he was a teenager. Before he reached 20 years old, the young Guilherme Paulus decided to join IBM and become one of their interns. He was taught with the basic skills that one has to master if they wanted a career in the business sector. In 1972, he co-founded the CVC Brasil Operadora e Agencia de Viagens S.A., along with a local politician, who left the company four years later. Guilherme Paulus single-handedly managed the company, and he used the knowledge he got from IBM to successfully manage the company. He established the GJP Hotels and Resorts in 2005, adding more profit to his business empire.