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Itamar Locks & family
Rank #2712
BRAZILEnergyAgribusiness

Itamar Locks & family

Net Worth
$1.409B
0% (24h)
Itamar Locks, a Brazilian businessman, is a prominent figure in the agribusiness sector. As of March 25, 2026, his net worth is estimated at $1.4 billion. Locks is a key shareholder in the Amaggi Group, one of Brazil's largest producers of soybeans, corn, and cotton. Locks previously served as the president of the agricultural division of Amaggi. He is the son-in-law of Lucia Maggi, co-founder of the Amaggi Group. His career is rooted in agribusiness and farming, specializing in the industrial scale and logistics of large-scale commodity production. Locks, along with other family members, guides the strategic direction of the company.

How to read Itamar Locks & 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 Itamar Locks & family, we anchor the narrative to Agribusiness and Agribusiness, 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 $1.409B alongside global rank #2712, 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

Itamar Locks is a Brazilian businessman and a key shareholder in the Amaggi Group, one of Brazil's largest producers of soybeans, corn, and cotton. Locks is the son-in-law of Lucia Maggi, who co-founded the company with her late husband, André Maggi, in 1977. Locks is a native of São Ludgero, Brazil.

Rise to Success

Locks's career is rooted in agribusiness and farming, and he previously served as the president of the agricultural division of Amaggi. He is one of the controlling shareholders and guides the strategic direction of the company. He is married to one of André Maggi's daughters, and his wealth is tied to the long-term, stable global demand for agricultural commodities. Amaggi produces approximately 1.2 million tons of soy, corn, and cotton in Brazil each year.

Key Business Strategies

Itamar Locks is a key member of the controlling family of the Brazilian agribusiness giant, Amaggi. The company’s structural strength lies in its vertical integration across farming, logistics, and energy. In 2024, Amaggi had a revenue of R$44.87 billion.

Philanthropy

While specific philanthropic amounts are difficult to ascertain, Itamar Locks's involvement with Amaggi suggests an interest in sustainability and community development initiatives. Amaggi has been recognized for its commitment to sustainable practices, including the production of soy to specifications laid out by environmental NGOs.

Career Timeline

2020

President of Agricultural Division

Previously served as the president of the agricultural division of Amaggi.

2026

Forbes Billionaire

Itamar Locks & family were listed on the Forbes Billionaires list with a net worth of $1.4 billion.

Philanthropic Impact

Environmental SustainabilityUndisclosed

Amaggi Sustainability Initiatives

Amaggi has been recognized for its commitment to sustainable practices.

Key Business Ventures & Holdings

CompanyStakeValue
Amaggi Group

Net Worth History

In-Depth Analysis

Early Life

Itamar Locks is a Brazilian businessman and a key shareholder in the Amaggi Group, one of Brazil's largest producers of soybeans, corn, and cotton. Locks is the son-in-law of Lucia Maggi, who co-founded the company with her late husband, André Maggi, in 1977. Locks is a native of São Ludgero, Brazil.

Rise to Success

Locks's career is rooted in agribusiness and farming, and he previously served as the president of the agricultural division of Amaggi. He is one of the controlling shareholders and guides the strategic direction of the company. He is married to one of André Maggi's daughters, and his wealth is tied to the long-term, stable global demand for agricultural commodities. Amaggi produces approximately 1.2 million tons of soy, corn, and cotton in Brazil each year.

Key Business Strategies

Itamar Locks is a key member of the controlling family of the Brazilian agribusiness giant, Amaggi. The company’s structural strength lies in its vertical integration across farming, logistics, and energy. In 2024, Amaggi had a revenue of R$44.87 billion.

Philanthropy

While specific philanthropic amounts are difficult to ascertain, Itamar Locks's involvement with Amaggi suggests an interest in sustainability and community development initiatives. Amaggi has been recognized for its commitment to sustainable practices, including the production of soy to specifications laid out by environmental NGOs.

Data Sources & Methodology

Figures for Itamar Locks & 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.