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German Efromovich (born 1948) is a Bolivian-born Brazilian-Colombian entrepreneur born to a family of Polish Jews in Bolivia, and raised in Arica, Chile. He had many jobs and activities in Brazil such as encyclopedia salesman and owner of a school before consolidating his billionaire oil and aviation empire.
Initially performing only NDT for Brazilian government run oil company, Petrobrás, Efromovich developed more business to the point of building and leasing oil rigs. His other businesses include power plants and medicines.
After the sinking of one of these oil rigs and a legal dispute with the insurance companies and Petrobrás, Mr. Efromovich began investing in aviation. He launched the Brazilian airline Oceanair and eventually bought Colombian legacy airline Avianca. As a result of his major investments in Avianca and in oil fields, and therefore its impact in Colombian economic and social development, Mr. Efromovich was officially made an honarary Colombian citizen in 2005. [1] [2]
He has control or shares in his Synergy Group companies Avianca, Wayraperú, VIP Ecuador, Oceanair etc.
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