REAL TIME NET WORTH — as of 4/27/17
$2.8 B
Fernando Roberto Moreira Salles belongs to one of Brazil’s oldest banking families. His late father, Walther Moreira Salles, was the founder of Unibanco and a former ambassador to the United States. In 2008 Unibanco merged with Itau, then Brazil’s second-largest commercial bank, creating Itau-Unibanco, the largest bank in Latin America today. The Moreira Salles family owns a controlling stake in the bank. Moreira Salles’ three half-brothers are also all billionaires, and they all own a majority stake in Cia. Brasileira de Metalurgia & Mineracao (CBMM), the world’s leading supplier of niobium, which is used to produce stronger, lighter steel for industrial pipes and aircraft parts. Moreira Salles also owns a stake in the company that controls Brazil’s largest book publisher.
Fernando Roberto Moreira Salles Net Worth: Fernando Roberto Moreira Salles is a Brazilian banker and businessman who has a net worth of $3.2 billion. A member of one of Brazil’s oldest banking families; he is now a majority shareholder and serves as a board member in Itau Unibanco Holding SA, the second largest bank institution in Brazil. He earned the positions in the bank thanks to his father, Walther Moreira Salles, who founded Unibanco and is regarded to be one of the founders of the modern Brazilian banking industry. In 2008, his family’s Unibanco merged with Banco Itau, thus forming the largest financial conglomerate in the Southern Hemisphere Itaú Unibanco Holding S.A. Today Fernando Roberto Moreira Salles and his billionaire brothers own 68.5% of the company, which is said to be worth at least $13 billion.
Source:
1. forbes