Irineu Evangelista de Sousa, Viscount of Mauá
Brazilian politician / From Wikipedia, the free encyclopedia
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Irineu Evangelista de Sousa (Portuguese pronunciation: [iɾiˈnew ivɐ̃ʒeˈliʃtɐ dʒi ˈsowzɐ]), the Viscount of Mauá (28 December 1813 – 21 October 1889), was a Brazilian entrepreneur, industrialist, banker and politician. Born to a family of small estancieiros (ranchers), Sousa became one of the world's richest men; by 1867, his wealth was larger than the annual budget of the Brazilian Empire. He was called the Rothschild of the South American continent by the New York Times in 1871.[1] He received the titles of baron in 1854 and visconde com grandeza (viscount with grandee) of Mauá, in 1874. A pioneer in several areas of the economy of Brazil, one of his greatest achievements was to start the construction of the Mauá Railroad [pt], the first railroad in Brazil, in 1852.
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Viscount of Mauá | |
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General Deputy for Rio Grande do Sul | |
In office 24 December 1872 – 22 April 1873 | |
In office 27 August 1855 – 2 August 1866 | |
Personal details | |
Born | (1813-12-28)28 December 1813 Arroio Grande, Rio Grande do Sul, Brazil |
Died | 21 October 1889(1889-10-21) (aged 76) Petrópolis, Rio de Janeiro, Brazil |
Spouse |
Maria Joaquina de Sousa Machado
(m. 1841) |
Children | 18 |
Parents |
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Occupation |
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Networth | $83 billion USD (2023 dollars)[citation needed] |
Signature | |
At his peak, Sousa controlled eight of the country's ten largest companies (the remaining two were state-owned); his banking interests stretched over to Britain, France, the United States and Argentina. Mauá also founded the first bank in Uruguay (Banco Mauá y Cia).
Sousa, who established the modern Banco do Brasil, is credited with financing much of the Brazilian economy activity in the 19th century, particularly in coffee plantation, and with the construction of the first railroads, shipyard and cast iron metalwork in the country. Sousa commissioned the first telegraphic submarine cable connecting South America to Europe, developed commercial transportation via steamboats on the Amazon and Guaíba rivers, and installed the first gas-fueled street lights in the city of Rio de Janeiro, then Brazil's capital. His fortunes turned around with the decay of the Empire after the Paraguayan War, by the time he died, Sousa had lost most of his wealth.