Being a senior is the time for ordinary human beings to retire from work, but not with Guilherme Paulus. At 68, this successful entrepreneur is still active in his chosen business and getting richer for it. In recognition of his business achievements, Forbes magazine has included his name in its Forbes billionaires list. What’s the reason why this leading business global magazine gave this accolade to this Brazilian? Let’s examine this man’s business activities. We may be able to get a glimpse of the reasons why.
Guilherme Paulus co-founded CVC Brasil Operadora e Agencia de Viagens S.A. a Brazilian tour operator. This was in 1972 when he was still 24. Unfortunately, his politician partner left the company about two years later. But he persisted in the business and steered the company’s direction to become a force to contend with in Brazil’s tourism industry. The success of CVC caught the interest of Carlyle Group, a global enterprise dealing in private equity which promptly bought 63.6 percent shares of the company worth around $420 million.
With the control of CVC out of his hands, Guilherme Paulus had more free time to venture into other businesses. He started GJP Hotels and Resorts in 2005. This is a network of hotels and resorts which catered to the tourism industry of Brazil. It has now increased its operations to include 20 hotels and resorts all over the country. Its current goal is to build hotels near the airports in Brazil.
The boost in Brazil’s tourism industry came about when two major world sports events were held in the country. The first was in 2014 when the World Soccer Cup was held in Brazil. And then two years later, the Summer Olympics was also held in various sports complexes in the country in 2016. Naturally, millions of tourists flocked the main cities and thoroughfares – and hotels and resorts in Brazil.
Being a tour operator, Guilherme Paulus and his CVC tour company took advantage of the business opportunities during these times and came out winning big time. His tourism business grew and so his income and business reputation as well. This was the time when Forbes magazine included his name on the list of its billionaires. Perhaps, this businessman is not yet satisfied with his successes. Although he no longer controls the activities of CVC, he still owns about 8 percent of its shares. He is also active as the chair of Paulus, another tour operator which is named after him.