
Brazilian billionaire investor Marcel Herrmann Telles is getting his succession planning underway: He's donated his stake in the world’s largest beer maker, Anheuser-Busch InBev SA, to his son.
Telles and his partners Jorge Paulo Lemann and Carlos Sicupira, who together founded the private equity firm 3G Capital, own around a third of AB InBev. Telles's move means Max Van Hoegaerden Herrmann Telles will now be a key player in the future of the embattled drinks company.