Elie Horn

Elie (Eli) Horn (born in 1944) is a Brazilian billionaire businessman and philanthropist operating in Brazil, and president of Cyrela Brazil Realty.

Biography Elie Horn was born to a Jewish family in Aleppo (then under the French Mandate for Syria). His family emigrated to Brazil when he was 11. and is a developer and builder of real estate located in the state of São Paulo, Brazil. It operates in 17 states and 66 cities in Brazil, Argentina and Uruguay. The company has existed for 50 years and has over 8,000 clients, 15,000 employees and has developed over 70,000 housing units between 2015 and 2018. Cyrela is traded on the Brazilian stock market at a $2 billion market cap.

Horn is chairman of Cyrela's board of directors and chief executive officer. Serving in both capacities since the incorporation of Brazil Realty in 1994. Horn is founding partner and president of Cyrela since 1978.

Business philosophy and achievements Horn is described by Forbes as a: "Real estate magnate (who) founded Cyrela Brazil Realty in 1978; built it into largest developer of high-end residential buildings in São Paulo and Rio de Janeiro. Later expanded by inking development deals with partners in various regions of Brazil. Horn also owns slice of agricultural investor BrasilAgro. A low-profile man known for giving 20% of his earnings to charity reportedly told Brazilian press he plans to give away most of his fortune at his death. In 2008 he told Wharton: 'My history is to make money when there is a boom, not when there is a crisis.'"

Philanthropy Horn has donated large sums to help causes in Israel, including a $6m donation to the state. He has contributed to programs that benefit the Haredi community, such as: "...In 2007, the Kemach Foundation ("Promoting Haredi Employment" ) was founded. Its purpose is to help Haredi students sustain themselves in dignity. Behind Kemach stands philanthropist Leo Noe, owner of British company Reit Asset Management; Zev Wolfson, Joel Landau, executive director of Israel Up Close Productions, who is involved with Yad Ezra V’Shulamit. They were also joined by Brazilian billionaire Elie Horn."

In 2015, Horn and his wife Susy signed Warren Buffett's The Giving Pledge, pledging to donate 60% their wealth over their lifetime to charitable causes. Elie was the first Brazilian to do so. Per Forbes magazine, as of March 2018, Horn had a net worth of US$1.0B.

Personal life Horn is married to Susy and has three children.