German Efromovich (born 1948) is a Bolivian-born Colombian-Brazilian entrepreneur born to a family of Polish Jews in Bolivia, raised in Arica, Chile and in São Paulo, Brazil . He had many jobs and activities in Brazil, from selling encyclopedias to the ownership of a school before consolidating his billionaire oil and aviation empire.
Initially performing only nondestructive testing 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 legal disputes with insurance companies and with Petrobrás, Mr. Efromovich began investing in aviation. He launched the Brazilian airline OceanAir and, in 2004, purchased the Colombian legacy airline Avianca from Julio Mario Santo Domingo. As a result of his major investments in Colombia's economic and social development, Mr. Efromovich was officially made an honorary Colombian citizen in 2005.,[1][2]
He has control or shares in his Synergy Group companies Avianca, TACA, Wayraperú, VIP Ecuador, OceanAir etc.
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