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Offshore Leaks Database

Data from
Paradise Papers - The Power Players
Agriculture minister, Brazil (2016-present)

Blairo Borges Maggi

Related to

Brazil Cayman Islands


Blairo Borges Maggi is Brazil’s agriculture minister. Before that he was a senator and governor of the state of Mato Grosso.

In the data

Maggi and other family members appear in Appleby records as beneficial owners of Amaggi & LD Commodities International Ltd., a Cayman Islands company registered on Sept. 9, 2010, about five months after Maggi ended his term as governor of Mato Grosso.

The Cayman company, created to operate in commodities and futures exchanges, reported that its Brazilian firm Amaggi & LD Commodities SA was the only shareholder, Appleby’s documents show. The Brazilian company was a joint venture of the Andre Maggi Group and the Louis Dreyfus Commodities Group to “originate and trade soybeans and corn” from Brazil. The Maggi family has been ranked among the world’s biggest soy producers as well as one of the richest families in Brazil.

Documents show that the Cayman Islands company estimated that when it was “fully operational” it would have gross sales of $100 million from trading in agricultural commodities. The declared reason for incorporating the entity in the Cayman Islands was the “possibility of obtaining easier access to international funding and to leading mercantile exchanges.”

In October 2017 Amaggi & LD Commodities International Ltd. was still active according to the Cayman Islands corporate registry. It had changed its original name to Amaggi Louis Dreyfus Zen-Noh International Ltd.


Maggi said in a statement to ICIJ’s media partner in Brazil, Poder360, that he is not and has never been a direct beneficiary of Amaggi Louis Dreyfus Zen-Noh International Ltd. He also said that he never received income from the company and stated that all of the company’s income is declared to and taxed by the Federal Revenue Service in Brazil.
This visualization contains relevant information in relation to the profiled individual. Some additional connections might show up once we release the full structured data connected to the Paradise Papers investigation in the coming weeks. Record manually added from leaked documents.


There are legitimate uses for offshore companies and trusts. The inclusion of a person or entity in the ICIJ Offshore Leaks Database is not intended to suggest or imply that they have engaged in illegal or improper conduct. Many people and entities have the same or similar names. We suggest you confirm the identities of any individuals or entities included in the database based on addresses or other identifiable information. The data comes directly from the leaked files ICIJ has received in connection with various investigations and each dataset encompasses a defined time period specified in the database. Some information may have changed over time. Please contact us if you find an error in the database.

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