Aloysio de Andrade Faria

$1.64B

as of 09/15/20

Aloysio de Andrade Faria invests in financial firms, palm oil production, hotels, bottled water and more.

Trained as a doctor, Faria practiced medicine for two years; then his father died and he took the helm of the family's Banco Real.

Under Faria, Banco Real became one of the largest banks in Brazil. In 1998 he sold the institution to Dutch bank ABN Amro for $2.1 billion.

He used that cash to fund a diverse empire, expanding into more than a dozen ventures in different industries.

Brazil

banking

11/09/20

Bachelor of Arts/Science, University of Minas Gerais; Master of Science, Northwestern University

inherited and growing

27K

25K

16K

0.033%

0.007%

0.005%

In 2016, one of his grandsons married the daughter of fellow billionaire Carlos Alberto Sicupira.

Alfa Holdings SA

Banco Alfa de Investimento

Consorcio Alfa de Administracao S/A

Financeira Alfa S/A