Charlene de Carvalho Heineken Net Worth

What is Charlene DeCarvalho Heinegen’s Net Worth?

net worth:	$14.7 billion
age:	69
date of birth:	June 30, 1954
gender:	female
high:	unknown
country of origin:	Netherlands
Source of wealth:	Heiress
Last updated:	January 23, 2024

introduce

Charlene de Carvalho Heineken and her family’s name are synonymous with Heineken, the world’s second-largest beer producer, headquartered in the Netherlands.

Her wealth doesn’t just lie in ice-cold beer, she controls 23% of a global business with a turnover comparable to the GDP of a small country.

We uncover the history of her family business and the global impact of the tens of thousands of employees who support this family brewery.

Charlene de-Carvalho Heineken has an estimated net worth of $14.7 billion.

Quick Facts

In 1975 she studied French in Geneva and photography in New York.
Heineken got married in July 2011.
In 2002, Charlene inherited a 23% stake in Heineken.
In 1983, her father was kidnapped for a ransom of $11 million.
Charlene has been the richest person in the Netherlands since 2002.

early life

Charlene de Carvalho-Heineken was born on June 30, 1954, in Amsterdam to Freddy and Lucille Cummins, owners of the Heineken Brewery.

She attended Rhineland College Wassenaar and reportedly studied law at Leiden University before pursuing a more casual career.

Charlene grew up in a traditional family, but little is known about her upbringing, except that she studied photography in New York.

Except for the time in 1983 when her father was kidnapped and held in a storage unit for 21 days, Charlene’s life had been uneventful.

In 1983, her father was kidnapped along with his driver and held captive for three weeks, making headlines around the world.

A large ransom was paid before he was released, and the incident spawned a 2015 film starring Anthony Hopkins called The Heineken Kidnapping.

Profession

In 1983, Charlene married British banker Michel Rey de Carvalho, and they started a family while living in London.

Before her father’s death in 2002, Charlene lived a quiet life in London, the wife of an investment banker and mother of five children.

Before inheriting her father’s shares in the Heineken brewery, she had little involvement in the Heineken business and had no idea what to do with it.

Inherited Heineken’s controlling stake

As the richest person with a Dutch passport, Charlene inherited a 25% controlling stake in Heineken, the world’s second-largest beer maker.

Thinking about her role in the family business

In 2002, Freddy Heineken died, and the quiet life ended. Charlene inherited Heineken shares worth about $4.5 billion.

She became a majority shareholder in the rapidly growing company and faced the difficult decision of whether to participate in its management.

As she considered her role, she questioned whether she should be actively involved in the brewery’s affairs or maintain a more distant, dividend-focused stance.

Served as non-executive director

Charlene was initially hesitant due to her introverted personality, but she recognised her importance in the brewery and chose to play an active role at Heineken.

While not holding an official role at the company, Charlene and her husband serve as non-executive directors of Heineken Holdings.

Charlene is the second-richest person in the Netherlands, along with other women on the list including Jacqueline Mars, Julia Koch and Kirsten Rausing.

Charlene de-Carvalho Heineken’s career earnings

Her son, Alexander de Carvalho, was awarded a seat on the board of Heineken Holding in March 2013, meaning he may play an active role within the company in the future.

Another son, Charles de Carvalho, briefly served on the board for more than a year before moving to a consulting position at McKinsey.

Here is an estimated overview of Charlene de-Carvalho Heineken’s career earnings:

2014 – $126.6 million
2015 – $142.9 million
2016 – $169.8 million
2017 – $164.4 million
2018 — $194 million
2019 — $199.4 million
2020 — $215.6 million
2021 — $123.9 million
2022 – $172.5 million
2023 – $237.2 million

Although the family is not a majority shareholder, due to the structure of Heineken Holding, the family has considerable influence in Heineken and has the power to guide decisions at the brewery.

The company, which sells 300 different beverage brands including Amstel, Tiger and Strongbow Apple Ciders, had revenues of $30.2 billion (€28.7 billion) in 2022.

Charlene de-Carvalho Heineken’s annual net worth

Charlene actively reinvests her dividends from Heineken into the company, demonstrating her commitment to future growth and stability.

Over the years, as Heineken’s share price has fluctuated along with the market’s valuation of the underlying business, Charlene’s net worth has also fluctuated widely.

Here is a breakdown of Charlene de-Carvalho Heineken’s net worth over the years:

2014 – $10.4 billion
2015 – $11.6 billion
2016 – $12.3 billion
2017 – $12.6 billion
2018 — $15.8 billion
2019 — $14.2 billion
2020 — $12.8 billion
2021 — $16.7 billion
2022 — $15.2 billion
2023 — $14.7 billion
2024 — $14.7 billion

Charlene’s business philosophy is that within Heineken she is a good host rather than a manager and she prefers to maintain a guiding role.

Despite her introverted personality, Charlene acknowledges the importance of family presence in carrying on family traditions and ensuring continued influence in Heineken’s decision-making process.

personal life

Charlene and her family prefer to live a low-key life, living in London and avoiding the media spotlight.

Unlike her more public father, Freddie Heinegan, DeCarvalho Heinegan is more interested in preserving the business she inherited.

In the interview, Charlene described herself as a homemaker who was primarily responsible for raising children before becoming a business executive.

She lives in one of the most expensive homes in the world, but despite the lavish surroundings, she is careful not to appear extravagant.

The family reveals little about their daily life due to the constant fear of being kidnapped.

While bulletproof cars and round-the-clock security ensure the family’s safety, they are also careful not to become an easy target for criminals.

People vacation in the world’s most expensive hotels and travel across continents on private jets.

Awards and Achievements

Here are some of the defining moments that shaped Charlene DeCarvalho Heineken’s career:

In 1981, she worked as an apprentice at Heineken for six months.
Charlene established the Dr. AH Heineken Award in Cognitive Science in 2006.
In 1983, she married into the DeCarvalho family.
Her son Alexander was appointed to the board of directors of Heineken Holding in March 2013.
In 2010, Heineken acquired FEMSA’s beer division for $7.7 billion.

How does Charlene de-Carvalho Heineken spend her money?

Since Charlene values privacy very much, not much is known about how she spends her money and her hobbies and interests.

She mentioned that she is focused on buying back shares of her father’s company and using the annual dividend to buy shares on the open market.

Charlene is careful to make investments similar to those recommended by Warren Buffett and other billionaire investors who follow this philosophy.

Rather than wasting her money on the world’s most expensive watches and other frivolous items, Charlene seeks to get the best return on her investment.

emphasize

FEMSA agreed to exchange 43 million new Heineken NV shares for 43 million Heineken Holding shares, allowing the Heineken family to retain control.

FEMSA acquired 12.5% of Heineken Group and 4.9% of Heineken Holding, accounting for a 20% interest in the group.

Here are some highlights from Charlene de-Carvalho Heineken’s career:

In 1988, Charlene became a member of the board of directors of Heineken Holding.
Heineken acquired FEMSA in 2010 for $5 billion, capturing its Mexican and Brazilian beer markets.
Since 2002, Forbes has ranked her among the top ten richest women in the world.
In 2014, Charlene vetoed a deal for Heineken to sell a stake to SABMiller.
In 2023, Charlene used $80 million in dividends to purchase additional shares.

To demonstrate her confidence in the company’s future, Charlene regularly uses Heineken dividends to buy more shares in the brewery.

L’Arche Green NV is owned by the Heineken family, which holds 88.86% of the shares, while the Hoyer family holds the remaining 11.14%.

Summary

Charlene de-Carvalho Heineken never imagined she’d be in the spotlight and in charge of guiding her father’s career.

However, with control of the family brewery in her hands, she stepped up after her father’s death and helped turn Heineken into a global giant.

Now that her son is part of the business and has a seat on the board, Heineken is determined to continue the tradition of this unique Dutch family business.