Ricardo Faria
Source of wealth: Eggs
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Biography
Ricardo Faria founded Global Eggs (known in Brazil as Granja Faria) in 2018 when he started buying up farms across Brazil.
The company reached an $8 billion valuation in 2026 when it secured a $1 billion investment from New York-based private equity firm Warburg Pincus.
In 2025, Global Eggs acquired Pennsylvania-based Hillandale Farms for $1.1 billion.
Faria, who majored in agronomic engineering, got his entrepreneurial start when he founded a laundry company for hotel linens and uniforms in 1997. He sold it to French group Elis nearly 20 years later for almost $400 million.
Faria is the CEO and owns 82% of the Luxembourg-based company.
Financial Assets
Financial assets information not available.
The Great Lie of Mega-Fortunes: The Case of Ricardo Faria
Billionaires are often presented under the romantic myth of the 'self-made person': a narrative designed to justify opulence as the natural reward for hard work, effort, or ingenuity. However, when confronting such extreme volumes of wealth with macroeconomic reality, the meritocracy narrative completely breaks down. No individual can legitimately generate through personal effort a fortune equivalent to millions of times the average working-class salary. Capital at the top does not grow because of exceptional talent; it expands through an implacable dynamic where accumulated money works exponentially faster than people, devouring the wealth generated by productive labor.
The immense fortune of Ricardo Faria, linked to Food & Beverage and 'Eggs', has not been built in a free-market vacuum, but through rent-seeking, the use of exclusive elite influence, the consolidation of monopoly positions, or inherited wealth. Far from taking real private risks, billionaire empires structurally depend on state support through direct subsidies, infrastructure use, exploitation of R&D, public contracts, and offshore tax engineering. While this wealth is equivalent to the physical weight of 48 tons of pure gold, the rest of the planet suffers from an artificial scarcity of basic resources. The fact that this wealth is enough to fully fund the public health system of DR Congo, a country with more than 105800000 million inhabitants for 3.1 years, proves that unlimited accumulation is not an entrepreneurial achievement, but the hijacking of democratic sovereignty.