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...Paulo's freewheelers, the biggest and freest is Count Francisco Matarazzo Jr., 51, who may well enjoy the world's largest personal income (after taxes). From his pigskin-paneled countinghouse above Sáo Paulo's Viaducto do Chá, the count* runs his 300 enterprises (textiles, cereals, shipping, refining) in the style of a 16th century Florentine prince. Big, bleak and impeccably dressed, the count operates from a deep couch in the corner of his immense office. Across the room is a board with vertical lines of electric buttons. At a sign from the count...

Author: /time Magazine | Title: BRAZIL: City of Enterprise | 1/21/1952 | See Source »

...Party for the Bride. The count inherited his empire from his father, a pushcart peddler who emigrated from Italy in 1881, founded a lard-rendering business and then expanded almost as fast as Sáo Paulo itself. His son has tripled the empire and is still abuilding. Though his announced net profits last year were $17.5 million, the count is notoriously coy about what he actually makes. His personal fortune tops $100 million. He is building a Roman Catholic cathedral. When his daughter Filomena (Fifi) got married a few years ago, he staged a fabulous reception, with special trains...

Author: /time Magazine | Title: BRAZIL: City of Enterprise | 1/21/1952 | See Source »

...Paulo's No. 1 political enterpriser is Adhemar de Barros. A big, breezy, bumptious man, Adhemar introduced modern machine politics to Brazil, now refers casually to Getulio Vargas as "the man I elected President." He leaves no doubt that he considers himself Vargas' heir. After eight years as governor, he retired from office temporarily in 1950. Adhemar is one of Brazil's richest men, with large interests in Sao Paulo airlines, textiles and candy manufacture, a fortune well above the $50 million mark...

Author: /time Magazine | Title: BRAZIL: City of Enterprise | 1/21/1952 | See Source »

...Cascade for Baby. Youngest among Sáo Paulo's big operators is handsome Francisco ("Baby") Pignatari, 34. Against the granite-faced opposition of his uncle, Count Matarazzo, Baby took over his family's metals plant a few years ago and made it into the largest nonferrous rolling mill in South America. For his redheaded fiancee, Nelita Alves de Lima, Baby is building a million-dollar house in suburban Santo Amaro with two Turkish baths, a shooting gallery, a bowling alley and an outdoor swimming pool. It will also have a 130-ft. indoor swimming pool with...

Author: /time Magazine | Title: BRAZIL: City of Enterprise | 1/21/1952 | See Source »

Returning from Paris recently, a Paulista friend brought Baby's bride-to-be a Cartier cigarette lighter adorned with a sapphire as big as a robin's egg. The friend was Sáo Paulo's fabulous press lord, Assis Chateaubriand, 60, who shares Baby's dislike for Matarazzo and likes to print whole pages of pictures of underpaid Matarazzo workers and their crowded hovels. "Chatô's" head office, two of his 28 newspapers and one of his TV stations are in Sáo Paulo. So is his new Museu de Arte...

Author: /time Magazine | Title: BRAZIL: City of Enterprise | 1/21/1952 | See Source »

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