Octávio Frias
Encyclopedia
Octavio Frias de Oliveira (August 5, 1912–April 29, 2007) was a Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

ian executive
Senior management
Senior management, executive management, or management team is generally a team of individuals at the highest level of organizational management who have the day-to-day responsibilities of managing a company or corporation, they hold specific executive powers conferred onto them with and by...

 who built Grupo Folha
Grupo Folha
The Grupo Folha is a Brazilian conglomerate of publishing companies, including newspapers, publishing houses, print shops and so on...

, one of Brazil's largest media empires.

Frias was born in Rio de Janeiro
Rio de Janeiro
Rio de Janeiro , commonly referred to simply as Rio, is the capital city of the State of Rio de Janeiro, the second largest city of Brazil, and the third largest metropolitan area and agglomeration in South America, boasting approximately 6.3 million people within the city proper, making it the 6th...

, and the family moved to São Paulo
São Paulo
São Paulo is the largest city in Brazil, the largest city in the southern hemisphere and South America, and the world's seventh largest city by population. The metropolis is anchor to the São Paulo metropolitan area, ranked as the second-most populous metropolitan area in the Americas and among...

 in 1918. He left school at 14 and worked for a bank, a real estate company, and as a civil servant before founding Grupo Folha in 1962 with his business partner Carlos Caldeira Filho.

They own or control newspapers Folha de São Paulo, Agora, and Valor Econômico, publisher Publifolha, distributor Transfolha, and Brazil’s biggest online portal, Universo Online
Universo Online
UOL once known as Universo Online, is a Brazilian online service provider and internet service provider. It is the leader in Latin America and the homepage portal is the biggest in the Portuguese speaking world.UOL is currently ranked at Alexa TOP 100...

 (founded in 1996).

Frias died of kidney failure at his home in São Paulo.
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