Moll is the founder and main shareholder in Rede D'Or Sao Luiz, Brazil's biggest health care network. The Rio de Janeiro-based company began in 1977 as a health imaging laboratory before adding hospitals and medical clinics. It became publicly traded in 2020 and has more than 11,000 beds across its network.
The majority of Moll's fortune is derived from his stake in Rede D'Or Sao Luiz, a Rio de Janeiro-based hospital operator. It's the largest integrated health care network in Brazil and has more than 11,000 beds, according to the company website.
Moll and his family own 47% of the company, according to its website. Moll owns about 17% directly and through holding vehicles, with other family members owning another 30% of the firm, based on the company's January 2024 Formulario de Referencia document.
The valuation also credits Moll with investing the proceeds from selling Rede D'Or's laboratory unit Cardiolabs to Fleury for $720 million in 2011, and with selling the shares he received in that transaction in 2013. The value of Moll's cash investments is based on analysis of these sales as well as dividends, taxes and market performance.
Representatives for Rede D'Or declined to comment on the billionaire's net worth calculation.
Jorge Neval Moll Filho is a Brazilian citizen who founded a health diagnostics laboratory in 1977. A cardiologist, he received a masters of public health from the Universidade Federal de Rio de Janeiro. In the late 1990s he began adding high end hospitals to his business, transforming it into Brazil's biggest network of independent hospitals.
He sold his Labs D'Or subsidiary to publicly traded Fleury in 2010. In that same year, he took over Sao Paulo-based Sao Luiz, another hospital group, after Banco BTG Pactual, owned by fellow billionaire Andre Esteves, became a partner in Rede D'Or. The Carlyle Group purchased an 8.3% stake in his business five years later. Moll retired from the CEO position and became chairman of the board in 2014.
In 2020, he took the firm public in one of Brazil's biggest initial public offerings to date.
The billionaire lives in Rio de Janeiro.