Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Top 10 Gold Reserves by Country

May 16, 2025

Why “Ugly” Ceramics Are So Appealing

May 16, 2025

Curator Teresa Mavica Talks On Returning to Art World

May 15, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Stocks
Stocks

Brazilian media mogul Silvio Santos dead at 93, SBT TV says By Reuters

News RoomBy News RoomAugust 18, 2024
Share
Facebook Twitter LinkedIn Pinterest Email

SAO PAULO (Reuters) -Brazilian media mogul Silvio Santos, who went from street vendor to owner of a business empire including one of the country’s largest TV channels, died at the age of 93, his broadcaster SBT said on Saturday.

“Today heaven is happy with the arrival of our beloved Silvio Santos,” SBT said on X. “Rest in Peace, you will always be eternal in our hearts.”

According to his medical report, Silvio Santos died of bronchopneumonia in the early hours of Saturday, after he had been hospitalized in Sao Paulo with a case of H1N1 flu since the beginning of August.

Brazilian President Luiz Inacio Lula da Silva shared his condolences on X on Saturday, calling Silvio Santos “the greatest personality in the history of Brazilian television and one of the country’s great communicators.”

Silvio Santos, the stage name that Senor Abravanel adopted for his media career, founded in the 1980s the SBT TV channel, one of the three most watched TV stations in Brazil and for years the only real competitor for audience to TV Globo, one of the biggest media conglomerates in the Americas.

Unlike other media moguls, Silvio Santos was also a showman, regularly hosting his own TV shows until about 2022.

He successfully hosted game shows that became very popular with lower-income families. One of his gimmicks was to throw paper planes made of money bills into the audience, who would battle for them.

The son of Sephardic Jewish immigrants from the former Ottoman Empire who settled in Rio de Janeiro’s Lapa district, Abravanel began working as a teenager selling plastic protections for cards in the streets.

He was spotted by a radio station and got hired as radio announcer. He later switched to TV and hosted shows on local channels during the 1960s-1970s, including TV Globo, before founding SBT TV in 1981.

His business empire, which included a cosmetics company, a financial firm and real estate assets, was valued by Forbes at over $1 billion in 2016.

In 2001, he made headlines when he was kidnapped for seven hours by a kidnapper who a few days earlier had taken his daughter hostage. The kidnapping was broadcast live by local TV stations.

Abravanel had six daughters, two from a first marriage, including one who was adopted, and four from his second marriage with Iris Passaro Abravanel.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Third Point sells off Tesla and makes these other ‘Magnificent Seven’ moves

Wholesale inflation shows biggest drop since 2020, but it’s unlikely to last

Gold has a shot at more record highs, thanks to Trump’s preference for a weaker dollar

Rent increases are driving overall inflation — but it’s a lot more complicated than you think

Airbnb is betting on ‘the world’s most interesting people’ to cure travel malaise, hotel competition

Topgolf Callaway wants to focus on golf equipment, but expects more competition there

20 stocks of companies showing excellent earnings-season trends even as the economy cools

Multimillionaires might face higher taxes under Trump. Here are the money moves they could make now to trim their tax bill.

DraftKings says lack of March Madness upsets kept it from raising its forecast, but shares rally

Recent Posts
  • Top 10 Gold Reserves by Country
  • Why “Ugly” Ceramics Are So Appealing
  • Curator Teresa Mavica Talks On Returning to Art World
  • Smithsonian’s National Museum of Asian Art and Saudi Arabia strike deal to collaborate on exhibitions, conservation and more
  • Third Point sells off Tesla and makes these other ‘Magnificent Seven’ moves

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

Why “Ugly” Ceramics Are So Appealing

May 16, 2025

Curator Teresa Mavica Talks On Returning to Art World

May 15, 2025

Smithsonian’s National Museum of Asian Art and Saudi Arabia strike deal to collaborate on exhibitions, conservation and more

May 15, 2025

Third Point sells off Tesla and makes these other ‘Magnificent Seven’ moves

May 15, 2025

Ancient Archeological Site in Peru Vandalized With Obscene Graffiti

May 15, 2025
Facebook X (Twitter) Instagram
© 2025 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.