The Santa Catarina company WEG (WEGE3), which had its origins in 1961 with three partners, gained prominence in the Brazilian business scene. According to Forbes, the WEG leads the list of Brazilian companies that generated the most billionaires through its operations.
In 2023, a total of 29 family members and descendants of the company's founders appear on the list of richest Brazilians, with fortunes valued at at least R$1 billion.
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WEG's successful trajectory not only boosted its growth, but also provided a solid base for several families and descendants, who are now part of the billionaire elite in Brazil.
It is a testament to the lasting impact that innovative and successful companies can have, not only on their operations, but on the lives of those associated with them.
WEG is extremely recognized and valued in the financial market. The company has a global presence and stands out in the manufacture of electrical and electronic equipment, with a main focus on the capital goods sector.
Its product portfolio includes a variety of solutions, including electrical machines, automation systems and industrial paints.
The company serves a wide range of industrial sectors, standing out in areas such as infrastructure, steel, pulp and paper, oil and gas, mining, among many others.
Its commitment to innovation and quality has become a reference in its field, both in Brazil and internationally.
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WEG's impressive numbers highlight its global scale of market success. With industrial operations in 12 countries and a commercial presence in more than 135, the company has distinguished itself as a prominent figure on the international stage.
Its workforce, which exceeds 36,900 professionals, is distributed throughout the world, contributing to its global reach.
In financial terms, 2022 brought more achievements for WEG, with net revenue of an incredible R$29.9 billion.
It is notable that more than half of this value, that is, 50.3%, was generated from sales made outside the Brazil, highlighting its global presence and influence.
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