Jose Joao Abdalla Filho

$3.5B

as of 10/04/24

About Jose Joao Abdalla Filho

Jose Joao Abdalla Filho is the son of J. J. Abdalla, a Brazilian entrepreneur and politician who built a real estate and textile company.

In the 1950s, the group his father led became one the largest manufacturers of cement in the country, employing over 40,000 people.

Abdalla Filho used the money he inherited to open Banco Classico, which owns stakes in a number of Brazilian companies.

His Banco Classico owns 5% of Eletrobras, Brazil's largest electric utility, and almost 7% of Cemig, an energy giant that owns over 200 companies.

Personal stats

Citizenship

Brazil

Source of wealth

Investments

Residence

Rio de Janeiro, Brazil

Birth date

05/30/45 (age 79)

Self-made

inherited and growing