Billionaire brothers Wesley and Joesley Batista helped turn a modest Brazilian slaughterhouse started by their father into the world's largest meat company through almost two decades of shrewd acquisitions.
JBS S.A. is a Brazilian multinational company that is the largest meat processing enterprise in the world, producing factory processed beef, chicken, salmon, sheep, pork, and also selling by-products from the processing of these meats. It is headquartered in São Paulo.
The country has maintained a degree of macroeconomic stability in recent years, boosting investor confidence and creating favorable conditions for capital accumulation. With a large population and robust domestic consumption, Brazil offers a dynamic market for businesses.
Joesley and Wesley Batista, the billionaire brothers behind JBS, went to jail after paying off more than 1,800 politicians in their native Brazil and have struggled to launch a public offering in the U.S. But after one of their companies donated $5 million to Donald Trump's second inaugural, their SEC troubles ...
José is married to Flora Mendonça Batista, and their children include: Valere Batista Mendonça Ramos, Vanessa Mendonça Batista, Wesley Mendonça Batista, Joesley Mendonça Batista and Vivianne Mendonça Batista.
Billionaire brothers Wesley and Joesley Batista helped turn a modest Brazilian slaughterhouse started by their father into the world's largest meat company through almost two decades of shrewd acquisitions.
JBS shares have been available for public trading on the São Paolo Stock Exchange (B3) in Brazil since 2007, meaning it is already a public company whose shares can be owned by the public. On 12 July 2023, the company announced its intention to “dual list” on the New York Stock Exchange in the US.
JBS USA Pork is the second-largest fresh pork producer in the U.S., with five pork production facilities and the capacity to process 92,000 hogs per day and one further processing facility.
It has become an upper middle-income country that is part of the BRICS association of five major emerging economies. However, Brazil is currently caught in a low-growth trap. It is also one of the ten most unequal countries in the world.
However, concerns about safety often arise when planning a trip to this South American nation. Global Guardian generally assesses Brazil to be a safe place to travel, with notable exceptions and with the understanding that crime is a threat throughout many urban areas.
Which country has the most billionaires in the world?
Hover over the map to see the number of billionaire citizens in each country or territory. The U.S. leads the pack, with China (including Hong Kong) a distant second. Estimates are as of March 7, 2025.
In 2023, Brazil's main export partner for beef and veal was China, with around 5.7 billion U.S. dollars worth of the product exported that year. In comparison, exports of beef and veal from Brazil to the European Union attained a value of about 554 million U.S. dollars that year.
JBS USA Holdings, Inc. is a meat processing company and a wholly owned subsidiary of the Brazilian multinational JBS S.A. The subsidiary was created when JBS entered the U.S. market in 2007 with its purchase of Swift & Company.
In 2007, the company was acquired by JBS, and gained strength and visibility from an innovative business strategy: the creation of its own sales channels, without the need of intermediates to get to the end consumer. Swift is a benchmark brand in the quality of frozen food products.
MEXICO - Mexico's Federal Economic Competition Commission has approved the sale of Tyson Foods's poultry business in Mexico to Pilgrim's Pride, which is part of a wholly-owned subsidiary of JBS SA. The commission, which has been reviewing the transaction, recently voted to permit the deal to proceed.
The United States is the largest producer of beef in the world followed by Brazil, China, India and Argentina. The United States, Brazil and China account for more than 40% of the world's beef production. Fifteen (15) countries produce more than 2 billion pounds of beef.
What is the world's biggest food company plans to beef up in America?
More and cheaper capital could help JBS expand into new markets in Asia and Africa, where it is betting on a growing appetite for protein. It also has its eye on new lines of business, such as finished meat products. Since JBS announced its plan to list in America in 2023, its shares have almost doubled in value.
Jbs N.V. has a consensus rating of Strong Buy which is based on 11 buy ratings, 0 hold ratings and 0 sell ratings. The average price target for Jbs N.V. is 20.91. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
