Every entrepreneur has a great backstory that explains how they became the success they are today. Sometimes, their backstory doesn’t involve rocky ups and downs; sometimes, they just succeed from day one. Guilherme Paulus is one of those entrepreneurs who hasn’t really had a tough time since launching his first business.
There’s not much about Paulus’ life before he graduated with a degree in business Administration. What is clear is that jumped into the tourism industry as soon as possible. He seemed to have a knack for developing successful business plans for tour operators.
After college, he teamed up with Carlos Vicente Cerchiari and co-founded CVC, a tour operator. As the company’s success lingered in Santo Andre, Cerchiari dropped out of the firm, leaving Paulus to carry the burden. Once in full control, Guilherme Paulus turned CVC into the largest tour operator in Latin America. Visit Guilherme Paulus at Bloomberg for more info.
The company began in 1972, and Paulus spent the next 45 years building CVC into something everyone wanted a piece of. In 2009, the Carlyle Group bought a 63.6 percentage of the company for $420 million. Paulus decided to let another company invest when he wanted to take CVC to a higher level.
Currently, CVC is a publicly help agency with hundreds of stores and hypermarkets all over Brazil. In 2013, CVC reported it was making R$5.2 billion a year and had plans to open more stores. Shortly after that, he sold most of his shares in the company for $750 million, keeping an eight percent ownership.
He left CVC to focus more on his hospitality businesses. In 2005, he founded GJP Hotels and Resorts and started bidding for contracts all over Brazil. He even built and maintained some of the hotels that were used to support the 2014 World Cup and 2016 Summer Olympics.
In 2017, Guilherme Paulus was named one of the Entrepreneurs of the Year by Isto e Dinheiro. The magazine did a full spread on his career, even mentioning his new golf resort.