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Aloysio de Andrade Faria

Residence  Sao Paulo, Brazil
Children  5 daughters
Nationality  Brazilian
Name  Aloysio Andrade
Occupation  Chairman, Banco Alfa
Net worth  2.4 billion USD (2015)
Spouse(s)  married

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Born  November 9, 1920 (age 95) (1920-11-09) Belo Horizonte, Brazil
Alma mater  Universidade Federal de Minas Gerais, Northwestern University
Similar People  Jorge Paulo Lemann, Eike Batista, Paul Desmarais

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Aloysio de Andrade Faria (born November 9, 1920 in Belo Horizonte, Minas Gerais) is a Brazilian banker. In May 2015, his net worth was estimated at US$2.8 billion.

Aloysio de Andrade Faria Aloysio de Andrade Faria billionaire Brazilian from Minas

A pediatrician by training, Aloysio (as he is commonly addressed as) shared his medical interest with the financial business sponsored by his father. In 1949 he succeeded his father, Clemente de Faria at the direction of the Banco da Lavoura, transforming it into one of the most successful Brazilian banks, Banco Real, which in late 20th century, sold all its local and international assets to the Netherlands-based ABN AMROBank, but keeping other companies from the Real Group, such as Seguros Real (insurance) and Real Leasing Co. Aloysio, who has two daughters married to the corporation's CEOs, did not retire from the financial market and re-invested by incorporating a new personal and investment bank in New York, the Alfa Bank, which is one of the ten largest and most successful banks in the country.

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Aloysio also owns one of the largest Guarana plantations in the world, the Transamerica Corporation, including a hotel and media groups. However, Aloysio always kept a low profile, driving a 1960s Mercedes Benz.

References

Aloysio de Andrade Faria Wikipedia


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