Brazilian billionaire Jose Luis Cutrale, known as the Orange King, died at the age of 75 years, publication O Globo writes. The businessman from the Forbes list died of natural causes in London, where he lived in recent years.

At the time of his death, his fortune was estimated at $ 1.9 billion. He was the 25th richest man in Brazil. In 1967, the Cutrale family founded Cutrale, whose juice plant became one of the largest in the world. In the early 2010s, the plant bottled one in three glasses of orange juice in the world. In 2020, the group had revenues of $3.1 billion.