He made his fortune (estimated at $1.7 billion in 2008) in the finance and banking industries as the co-founder of Banco Bozano Simonsen. In 2000 he sold Banco Bozano Simonsen to Spain's Banco Santander Central Hispano. He currently owns an 11 percent interest in Brazilian jetmaker Embraer which has a value of roughly $825 million. Bozano lives in Greenwich, Connecticut, and has a pied-à-terre in Rio de Janeiro, Brazil.
In 1961, Bozano formed financial services firm Grupo Bozano with Mario Henrique Simonsen. He later co-founded Banco Bozano Simonsen, Rio de Janeiro, Brazil-based investment bank, which was acquired by a Spanish bank Santander in 2000, where Bozano made his major part of fortune. In 1986, he started horse breeding farm, Haras Santa Maria De Araras, through which he reportedly owns more than 300 mares. In 2014, Bozano Investimentos set up a new private equity fund, which buys shares in companies, of RS 800 million (or US $ 309 million) focused on the education sector.
- The Europa World Year Book, 1989 1991 32nd - 1991- Page 560 "Pres. Júlio Rafael de Aragão Bozano"
- The Europa year book - Volume 2 - Page 558 Europa Publications Limited - 1988 -investment bank catering for medium- and long-term capital requirements, mergers, acquisitions; cap. 96.6m., dep. 704.7m. (Dec. 1985); Pres. Júlio Rafael de Aragão Bozano; "
- Istoé dinheiro nr. 378-382 p34 2004 " "empresário Júlio Bozano, um dos mais ricos... é a fortuna estimada de Júlio Bozano"
- Forbes The World's Richest People 2006
- "Julio Rafael Bozano | Wealth-X". Wealth-X. 2015-10-21. Retrieved 2017-08-28.
- "Fundo de R$ 800 milhões do Bozano investirá em educação - Economia - Estadão". Estadão (in Portuguese). Retrieved 2017-08-28.
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