318:
as bases in Brazil’s top airports. It recently inaugurated a hangar in
Sorocaba, São Paulo, with capacity for 17 aircraft where it offers runway services, aircraft management, medevac, shared ownership and aircraft sales, in addition to domestic and international private flights. On August 22, it was announced that Klein has purchased Global Aviation for R$ 70 million. The deal means CB Air will increase its fleet to 32 aircraft from 12, and will have combined revenues of R$ 200 million in 2017. In December 2016, it was announced that the National Civil Aviation Agency (ANAC) and the Administrative Council for Economic Defense (CADE) granted CB Air the green light for the acquisition of Global Aviation without restriction. The name of the new operator will be announced in the first quarter of next year and the new air taxi company will have a fleet of 34 aircraft including airplanes, helicopters and ten hangars and two heliports.
322:
shared ownership, hangar and track services. The company has a fleet of 30 aircraft, including 22 airplanes and eight helicopters, as well as 10 hangars and 285 employees. The new brand will bring together all aviation companies that are now part of the group: CB Air Táxi Aéreo Ltda., Global Táxi Aéreo Ltda., Pássaro Azul Táxi Aéreo Ltda., SSR Assessoria e Prestação de Serviços Ltda., and
Security Táxi Aéreo Ltda.
198:. Cnova will be directly owned 46.5% by Casino (including its subsidiary Exito) and 53.5% indirectly by GPA, Via Varejo and certain founding shareholders of Nova Pontocom. The Klein family hold a 5.98% stake in Cnova, which owns and operates the following online stores: Extra.com.br, Casasbahia.com.br, Pontofrio.com, Cdiscount.com.br, Barateiro.com, Pontofrio Atacado, and eHub.com.br.
317:
In August 2016, it was announced that Klein has made an offer for the purchase of Global
Aviation, an air taxi company. Created in 1994, Global Aviation resulted from the merger of Reali Táxi Aéreo, Pássaro Azul and Global Táxi Aéreo. It operates a 25-aircraft fleet of planes and helicopters, as well
170:. In 1969, he joined Casas Bahia as a Financial Manager. In 2009, Klein became CEO of the company after his father retired in Brazil. In 2010, he was elected Chairman of the Board of Directors of Via Varejo. His son, Raphael Oscar Klein, has served as a Member of the Board of Directors of Via Varejo.
279:
Today, Grupo CB holds a R$ 6 billion portfolio. The portfolio includes 432 real estate properties, including stores, industrial warehouses, administrative complexes, offices and distribution centers, totaling over 2 million square meters of commercial space. Grupo CB's rental revenue is expected to
214:
In March 2017, it was reported that Klein is lining up a proposal with several investment funds to buy back control of Via Varejo. Under Klein's plan, he would become the majority shareholder of Via Varejo, with just over 50% of the shares, and would have autonomy in management. In May 2019, it was
321:
After the merger of CB Air with Global
Aviation, the company is now branded Icon Aviation. With a revenue forecast of R$ 160 million in 2017, Icon Aviation offers several services in the area of business aircraft, such as aircraft and helicopter charters, management, sale and purchase of aircraft,
173:
In May 2013, it was announced that the Klein family, which owned 47% of Via Varejo, was planning to sell 16% of their stake in the company. In
September 2013, Klein transferred 17.6 million of his shares of Via Varejo to his children, and as a result, his stake in the company has been reduced from
182:
of shares. Three quarters of the amount raised went to the Klein family, while the rest went to GPA. Ownership of the company has changed to GPA with 43.3%, the Klein family with 27.3%, and minority shareholders with 29.3%.
400:
787:
368:
243:
In May 2014, BR Properties, a
Brazilian real estate investment firm, confirmed it was negotiating a sale of its assets with Klein. In July 2014, Grupo CB, the Klein family's
885:
701:
276:
In
October 2019, it was reported that Klein is planning to sell R$ 2 billion worth of a warehouse portfolio, composed of almost 1 million square meters of 13 warehouses.
937:
527:
507:
344:
682:
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545:
218:
In June 2019, it was announced that the Klein family became the largest shareholder of Via Varejo with a 27% stake, after GPA sold its entire stake.
617:
262:
In March 2015, Grupo CB acquired five office properties occupied by Wells Fargo, totaling 1.6 million square feet across four
Southern U.S. states.
650:
451:
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868:
718:
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770:
166:
Klein graduated with a degree in
Business Administration from Paes de Barros University, and completed his post-graduate studies at the
754:
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153:
In 2015, in its annual ranking of the wealthiest people in the world, Forbes listed Klein with a personal net worth of $ 1.3 billion.
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In June 2014, Cnova, a global e-commerce company with a total gross merchandise volume of $ 4.9 billion, was created through a
215:
reported that Klein has hired the financial advisory services of XP Investimentos to evaluate the acquisition of Via Varejo.
201:
In August 2014, it was announced that Klein may sell an amount of shares valued at R$ 3 billion of his stake in Via Varejo.
1029:
970:
1039:
819:
221:
As of July 2020, the Klein family hold a 22.75% stake in Via Varejo, which consists of the following individual stakes:
247:
chaired by
Michael Klein, purchased a real estate fund from BR Properties for R$ 606.65 million. The fund includes 26
1024:
303:
In September 2013, it was announced that Klein was in talks to purchase AVX Táxi Aéreo, an air taxi company owned by
174:
21.9% to 18%. 53.7 million common shares of the family's stake began trading on December 16, 2013. Via Varejo raised
504:
341:
467:
417:
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150:, founded Casas Bahia in 1952. Since June 2019, the Klein family own a controlling stake in Via Varejo.
147:
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is in talks to buy the Klein family's stake in Via Varejo, in a deal that could reach R$ 1.5 billion.
167:
62:
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CB Air, an air taxi company founded by Klein in 2012, has received operational authorization from
1014:
651:"Michael Klein confirma que avalia aquisição da Via Varejo, com assessoria da XP" (in Portuguese)
292:
in January 2015. The company's fleet includes 15 business jets and helicopters, and 2 hangars in
208:
788:"Herdeiro da Casas Bahia desiste da classe C e lança negócios para a alta renda" (in Portuguese)
1009:
384:
293:
234:
Twinsf Fundo de Investimento Multimercado Crédito Privado (owned by the Klein family) - 7.52%
204:
In May 2016, it was announced that Klein is interested in buying back control of Via Varejo.
1044:
723:
252:
8:
528:"Casino Guichard Perrachon sets up with Via Varejo global ecommerce joint venture Cnova"
127:
938:"Michael Klein compra empresa de aviação executiva por R$ 38 milhões" (in Portuguese)
563:
483:
905:"Michael Klein faz oferta pela empresa de táxi aéreo Global Aviation" (in Portuguese)
771:"Via Varejo: Michael Klein está perto de vender R$ 2 bi em galpões" (in Portuguese)
146:, the parent company of Casas Bahia, Cnova Brazil and Ponto Frio. Michael's father,
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Goldentree Fundo de Investimento em Ações (owned by the Klein family) - 7.72%
191:
187:
886:"Neymar se compró un avión en Brasil por 8 millones de euros" (in Portuguese
702:"Família Klein, ex-Casas Bahia, compra fundo com 36 imóveis por R$ 606 mi"
304:
259:
in downtown São Paulo, totaling 118,000 square meters of commercial space.
987:"Empresa de táxi-aéreo de Michael Klein estreia novo nome" (in Portuguese)
135:
76:
635:"Tudo o que você precisa saber antes de o mercado abrir" (in Portuguese)
369:"Control of Brazil retailer Via Varejo shifts to Klein family from GPA"
143:
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purchased a business jet from the Klein family for $ 9.1 million.
604:
532:
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954:"Brazil's CB Air to acquire rival air taxi firm Global Aviation"
468:"Brazil's Pao de Acucar, Klein family to sell Via Varejo shares"
452:"Família Klein reorganiza participação societária na Via Varejo"
971:"ANAC e CADE autoriza aquisição da Global Aviation pela CB Air"
618:"Grupo alemão negocia participação de Casas Bahia e Ponto Frio"
435:"Família Klein confirma reorganização societária na Via Varejo"
311:
248:
35:
869:"Retail mogul in talks to buy Eike Batista's air taxi company"
738:"Brazilian Trust Wins $ 95M Financing For Wells Fargo Offices"
600:"Klein quer recomprar o controle da Via Varejo" (in Portuguese
568:
418:"Brazil Durable Goods Retailer Via Varejo Plans Share Offers"
112:
820:"Warren Buffett Wannabe Bets on Jets in Down-and-Out Brazil"
546:"Casino Group: Creation of a major global ecommerce - Cnova"
755:"Michael Klein abre concessionária da Mercedes em Jundiaí"
583:"Michael Klein pode vender bilhões em ações da Via Varejo"
492:(São Paulo). 16 December 2013. Retrieved 17 December 2013.
131:
72:
367:
Bautzer, Tatiana & Mandl, Carolina (14 June 2019).
633:
Granato, Luísa & Calegari, Luiza (20 March 2017).
921:"CBAir in talks to buy bigger rival Global Aviation"
683:"BR Properties confirma conversas com Michael Klein"
837:"Empresa de aviação de Michael Klein já pode voar"
719:"Grupo CB compra cotas de fundo da BR Properties".
484:"Ações da Via Varejo estreiam em alta na Bovespa"
1001:
474:. 25 November 2013. Retrieved 26 November 2013.
342:"Directors, Executive Officers and Committees"
875:. 17 September 2013. Retrieved 29 April 2016.
624:. 18 October 2016. Retrieved 18 October 2016.
363:
361:
161:
134:of the Brazilian chain of department stores,
777:. 9 October 2019. Retrieved 18 October 2019.
500:
498:
960:. 22 August 2016. Retrieved 23 August 2016.
927:. 19 August 2016. Retrieved 19 August 2016.
826:. 5 October 2017. Retrieved 7 October 2017.
358:
228:Eva Klein (Michael Klein's sister) - 5.13%
207:In October 2016, it was revealed that the
1020:Brazilian people of Polish-Jewish descent
495:
16:Brazilian business executive (born 1951)
433:Marinelli, Luciana (9 September 2013).
1002:
554:. 4 June 2014. Retrieved 22 June 2014.
536:. 4 June 2014. Retrieved 22 June 2014.
993:. 23 May 2017. Retrieved 29 May 2017.
936:Bigarelli, Barbara (22 August 2016).
691:. 21 May 2014. Retrieved 26 May 2014.
657:. 15 May 2019. Retrieved 16 May 2019.
337:
335:
255:store, a call centre, and offices on
450:Ayres, Marcela (10 September 2013).
310:In April 2016, it was revealed that
969:Oliveira, Junio (8 December 2016).
903:Caetano, Rodrigo (17 August 2016).
13:
824:American Journal of Transportation
700:Friedlander, David (3 July 2014).
416:Jelmayer, Rogerio (14 June 2013).
332:
156:
14:
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265:In March 2016, Grupo CB opened a
884:Ramírez , Pau (29 April 2016). (
835:Vaz, Tatiana (20 January 2015).
407:. Retrieved on 9 September 2013.
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786:Oscar, Naiana (25 April 2016).
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581:Poli, Marcelo (8 August 2014).
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251:stores, a Brooksfield store, a
753:Vaz, Tatiana (10 March 2016).
477:
461:
458:. Retrieved 11 September 2013.
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1:
1035:Businesspeople from São Paulo
977:. Retrieved 14 December 2016.
717:Pavani, Luana (3 July 2014).
441:. Retrieved 9 September 2013.
325:
843:. Retrieved 20 January 2015.
598:Jardim, Lauro (1 May 2016).
355:. Retrieved on 22 July 2015.
7:
1030:Businesspeople in retailing
944:. Retrieved 23 August 2016.
911:. Retrieved 18 August 2016.
736:Zanki, Tom (9 March 2015).
572:. Retrieved 16 August 2016.
518:. Retrieved 16 August 2016.
280:be R$ 430 million in 2017.
238:
32:1951 (age 72–73)
10:
1061:
1040:Brazilian chief executives
894:. Retrieved 29 April 2016.
859:. Retrieved 26 April 2016.
810:. Retrieved 26 April 2016.
794:. Retrieved 26 April 2016.
761:. Retrieved 18 April 2016.
744:. Retrieved 11 March 2015.
641:. Retrieved 20 March 2017.
589:. Retrieved 9 August 2014.
162:Casas Bahia and Via Varejo
673:. Retrieved 27 July 2020.
424:. Retrieved 23 June 2013.
391:. Retrieved 27 July 2020.
375:. Retrieved 25 June 2019.
283:
168:Getulio Vargas Foundation
108:
100:
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63:Getulio Vargas Foundation
60:Paes de Barros University
56:
46:
28:
21:
1025:Brazilian businesspeople
727:. Retrieved 3 July 2014.
708:. Retrieved 3 July 2014.
178:2.845 billion through a
804:"Negócios Imobiliários"
608:. Retrieved 1 May 2016.
422:The Wall Street Journal
505:"Corporate Governance"
294:Campo de Marte Airport
194:, GPA, Via Varejo and
925:Valor Econômico S. A.
667:"Corporate Structure"
225:Michael Klein - 2.38%
873:Valor International
853:"Aeronaves - CBAir"
85:Former Chairman of
622:Notícias Ao Minuto
510:2018-06-19 at the
347:2019-01-07 at the
271:Jundiai, São Paulo
128:business executive
113:www.grupocb.com.br
973:(in Portuguese).
855:(in Portuguese).
841:Exame (São Paulo)
839:(in Portuguese).
806:(in Portuguese).
721:(in Portuguese).
704:(in Portuguese).
685:(in Portuguese).
587:Exame (São Paulo)
585:(in Portuguese).
486:(in Portuguese).
454:(in Portuguese).
437:(in Portuguese).
123:(born 1951) is a
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257:Paulista Avenue
245:holding company
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688:ISTOÉ Dinheiro
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564:"Our Websites"
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148:Samuel Klein
130:. He is the
120:
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96:1969-present
1045:1951 births
775:Money Times
136:Casas Bahia
83:of Grupo CB
77:Casas Bahia
47:Citizenship
1004:Categories
671:Via Varejo
516:Via Varejo
326:References
144:Via Varejo
87:Via Varejo
942:Globo.com
759:EXAME.com
639:Exame.com
353:Viavarejo
125:Brazilian
51:Brazilian
808:Grupo CB
706:TNOnline
508:Archived
345:Archived
239:Grupo CB
190:between
140:Chairman
101:Children
81:Chairman
958:Reuters
724:Estadao
605:O Globo
533:Reuters
472:Reuters
373:Reuters
249:C&A
109:Website
40:Germany
742:Law360
389:Forbes
312:Neymar
284:CB Air
253:Sendas
192:Casino
36:Munich
857:CBAir
569:Cnova
439:Valor
196:Exito
296:and
290:ANAC
29:Born
489:UOL
176:R$
142:of
132:CEO
75:of
73:CEO
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