Rubens Menin of Brazil named EY World Entrepreneur Of The Year™ 2018
Monte Carlo, Minsk, 19 June 2018
Rubens Menin, Chairman of Brazil-based MRV Engenharia e Participações S.A., was named EY World Entrepreneur Of The Year™ 2018 at an awards ceremony held in Monaco’s Salle des Etoiles on 16 June 2018. Rubens was picked from 56 country winners from 46 countries and regions vying for the title. He becomes the first ever EY World Entrepreneur Of The Year winner from South America.
Rubens, 62, founded MRV, a homebuilder and real estate company, in 1979, and has grown it into Latin America’s largest real estate developer by units sold and Brazil’s leading low-income housing builder. In 2017, MRV recorded net operating revenue amounting to US$1.44b with net income of US$197m. These figures represent substantial growth since the company was listed on B3 [the São Paulo Stock Exchange, formerly BM&FBOVESPA] in 2007, when net revenue amounted to US$105m and net income totaled US$13m. MRV employs more than 24,000 people, operates in 150 cities and has built some 300,000 properties. In these cities, 1 in 200 people live in a property built by MRV.
Jim Nixon, Chairman and CEO of Nixon Energy Investments and Chair of the EY World Entrepreneur Of The Year judging panel, says: “The judging panel is honored to award Rubens this year’s title and to recognize the first EY World Entrepreneur Of The Year from South America. The judging panel was struck by his innovative and entrepreneurial spirit and his purpose of seeking a fairer and more egalitarian society.”
Rubens Menin says: “Throughout my life, I have pursued the purpose of bringing the dignity of homeownership to people for whom this is an unobtainable dream. I am very proud to be recognized in this way but the work does not stop here. The construction industry is well positioned to further enact positive civil impact. I believe economic empowerment is not just about wealth generation but also social development and MRV’s legacy will continue for generations to come.”
Mark Weinberger, EY Global Chairman and CEO, says: “Rubens’ clear vision, determination and focus has helped countless Brazilian families to take their first step on the property ladder. His leadership is exemplified by his persistence to succeed against a backdrop of national economic challenges and turbulent years to create Brazil’s largest public housing provider and become Latin America’s largest real estate developer. Rubens is a truly inspiring World Entrepreneur Of The Year winner.”
Belarus joined the EY Entrepreneur Of The Year™ Awards program in 2014 and its national flag has already been hoisted twice at this major business forum in Monaco. The 2014 and 2016 country winners – Arkadiy Dobkin, Chairman of the Board of Directors of EPAM Systems, and Valentin Baiko, Chairman of the General Meeting of Members of SООО Conte Spa – represented Belarus at the forum. The entrepreneur picked to represent our country at the 2019 international finals in Monaco will be announced in December this year at the Gala Awards Ceremony celebrating the winners of EY World Entrepreneur Of The Year™ 2018.
Pavel Laschenko, EY Belarus Managing Partner, notes: “The commendable participation of Belarus’s best entrepreneurs in the EY World Entrepreneur Of The Year finals is powerful evidence demonstrating the business and personal talent of our entrepreneurs and their strong commitment to the country, their team and their family. We are delighted to observe growing interest in the awards. This year’s participants come from different lines of business – knowledge-intensive industries, IT, construction, consumer goods manufacturing, design, and services. What is notable is that young energetic people truly willing to build a better working world took part in this year’s awards along with experienced entrepreneurs who have proved themselves in business.”
“We are pleased to congratulate Rubens Menin on his great victory and wish him every success in his business that serves a good cause. Building houses for people to have a home of their own has been, and will always be, a job of great importance,” says Pavel Laschenko.
EY would like to thank the official partners of the EY Entrepreneur Of The Year awards in Belarus – the Belarus Office at the International Finance Corporation and China-Belarus Joint-Stock Closed Company Industrial Park Development Company (Great Stone Industrial Park) for supporting the national awards program and contributing to the development of entrepreneurship in Belarus and internationally.
About Rubens Menin and MRV Engenharia e Participações S.A.
Rubens recognized that, for many Brazilians, home ownership was an unobtainable dream, which motivated him to start his own company. In 1979 at just 21 years old, he founded MRV Engenharia e Participações S.A. with two partners. During the “favelization” of cities in Brazil in the 1970s, Rubens saw an opportunity to make real estate more affordable to the masses by changing homebuilding from a quasi-artisanal activity to a true industry.
Under Rubens’ leadership, the building company has delivered more than 320,000 houses and apartments in Brazil through 2017, enabling over one million people to realize their home ownership dream. Currently, MRV manages a total of 214 construction sites, with an average of 398 housing units per site. Since 2008 MRV, with several other companies, has been part of the Brazilian Federal Government’s social housing program “Minha Casa, Minha Vida” (My House, My Life) and has delivered three million houses to Brazilians.
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About EY Entrepreneur Of The Year™
EY World Entrepreneur Of The Year™ is the world’s most prestigious business award for entrepreneurs. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in 145 cities in 60 countries. The awards have been held in Russia since 2003, in Kazakhstan since 2007 and in Belarus since 2014. In Belarus, the event is held every two years.