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Ilson Mateus & family
Rank #2793
BRAZILFashion & RetailSupermarkets

Ilson Mateus & family

Net Worth
$1.345B
-1.86% (24h)
Ilson Mateus Rodrigues, a self-made billionaire, is the founder and chairman of Grupo Mateus, the fourth-largest food retailer in Brazil. Born in 1963, Mateus started working at a young age and, after trying his hand at various ventures, including gold mining, he opened a small grocery store in 1986. Through strategic expansion and a focus on customer service, Mateus transformed this small store into a retail empire. His current net worth is estimated at $1.8 billion, stemming from his stake in Grupo Mateus, which went public in 2020. He is known for his hands-on approach and commitment to the local communities where he operates.

How to read Ilson Mateus & family's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Ilson Mateus & family, we anchor the narrative to Supermarkets and Supermarkets, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.345B alongside global rank #2793, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (BRAZIL) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Ilson Mateus Rodrigues was born in 1963 in the state of Maranhão, Brazil, where he started working at age 12. His early career included working as a miner and mechanic, and later, producing cachaça, a traditional sugarcane-based alcoholic beverage. This early exposure to various trades and business ventures would lay the groundwork for his future success. In 1984, while working in the open-cast mines of Serra Pelada, Mateus heard about Balsas, a town experiencing rapid growth in soybean cultivation. Recognizing the potential for food demand, he decided to establish a grocery store there.

Rise to Success

In 1986, Ilson Mateus opened a small 50 m² grocery store in Balsas, which marked the beginning of Grupo Mateus. He quickly expanded the business, adding delivery services to surrounding towns, and transforming the grocery store into a medium-sized supermarket known as Mateus Supermercados. Mateus strategically expanded, opening new stores in the state of Maranhão and diversifying the business. In 2007, the company opened the “Bumba Meu Pão” bakery and implemented cash-and-carry sales in Mix Mateus stores. The company’s success culminated in an IPO in October 2020, making it the largest IPO in Brazil that year and propelling Mateus into the ranks of billionaires.

Key Business Strategies

Ilson Mateus's success stems from several key strategies. He focused on delivering quality products with competitive pricing and excellent customer service. His strategic expansion throughout the Northeastern region of Brazil, where competitors were less established, also contributed to the company's growth. Furthermore, the IPO in 2020 allowed for an aggressive expansion plan and diversification, including e-commerce and financial services.

Philanthropy

Beyond his business endeavors, Ilson Mateus is known for his philanthropic efforts and community contributions, supporting social initiatives focused on education, healthcare, and economic development in the communities where Grupo Mateus operates.

Career Timeline

2022

Stepped down as CEO

Handed over the CEO position to Jesuíno Martins.

2020

Grupo Mateus IPO

Took Grupo Mateus public, the largest IPO in Brazil that year.

1986

Founded Grupo Mateus

Opened a small grocery store in Balsas, Maranhão, Brazil.

Philanthropic Impact

Community DevelopmentUndisclosed

Community Support

Supports initiatives focused on education, healthcare, and economic development.

Key Business Ventures & Holdings

CompanyStakeValue
Grupo Mateus11.04%

Net Worth History

In-Depth Analysis

Early Life

Ilson Mateus Rodrigues was born in 1963 in the state of Maranhão, Brazil, where he started working at age 12. His early career included working as a miner and mechanic, and later, producing cachaça, a traditional sugarcane-based alcoholic beverage. This early exposure to various trades and business ventures would lay the groundwork for his future success. In 1984, while working in the open-cast mines of Serra Pelada, Mateus heard about Balsas, a town experiencing rapid growth in soybean cultivation. Recognizing the potential for food demand, he decided to establish a grocery store there.

Rise to Success

In 1986, Ilson Mateus opened a small 50 m² grocery store in Balsas, which marked the beginning of Grupo Mateus. He quickly expanded the business, adding delivery services to surrounding towns, and transforming the grocery store into a medium-sized supermarket known as Mateus Supermercados. Mateus strategically expanded, opening new stores in the state of Maranhão and diversifying the business. In 2007, the company opened the “Bumba Meu Pão” bakery and implemented cash-and-carry sales in Mix Mateus stores. The company’s success culminated in an IPO in October 2020, making it the largest IPO in Brazil that year and propelling Mateus into the ranks of billionaires.

Key Business Strategies

Ilson Mateus's success stems from several key strategies. He focused on delivering quality products with competitive pricing and excellent customer service. His strategic expansion throughout the Northeastern region of Brazil, where competitors were less established, also contributed to the company's growth. Furthermore, the IPO in 2020 allowed for an aggressive expansion plan and diversification, including e-commerce and financial services.

Philanthropy

Beyond his business endeavors, Ilson Mateus is known for his philanthropic efforts and community contributions, supporting social initiatives focused on education, healthcare, and economic development in the communities where Grupo Mateus operates.

Data Sources & Methodology

Figures for Ilson Mateus & family are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.