Aloysio de Andrade Faria

About Aloysio de Andrade Faria

Birth Day: November 09, 1920
Birth Place: Sao Paulo, Brazil, Brazil
Birth Sign: Sagittarius
Residence: Sao Paulo, Brazil
Alma mater: University of Minas Gerais Northwestern University
Occupation: Chairman, Banco Alfa
Spouse(s): married
Children: 5 daughters

Aloysio de Andrade Faria Net Worth

Aloysio de Andrade Faria was bornon November 09, 1920 in Sao Paulo, Brazil, Brazil. Aloysio de Andrade Faria's conglomerate Banco Alfa runs the gamut from finance to palm oil production to hotels and resorts to water brand to insurance to ice cream maker. Trained as a doctor, Faria only practiced medicine for two years before his father died and he took the helm of the family's Banco Real, transforming it into one of the largest banks in Brazil. In 1998 he sold the institution to Dutch bank ABN Amro for $2.1 billion. He's since used some of the proceeds to expand into 15 other holdings, including Agropalma, Latin America's largest palm oil producer and hotel chain Transamerica, which operates one of Brazil's most exclusive resorts at Comandatuba Island. Faria has reportedly been focusing on succession planning over the last few year -- he has five daughters. He reportedly owns 150 pure-bred horses and is a voracious reader.
Aloysio de Andrade Faria is a member of Finance

💰 Net worth: $2.2 Billion (Updated at 22 June 2018)

2009 $3.1 Billion
2010 $4.2 Billion
2011 $4.3 Billion
2012 $4.2 Billion
2013 $3.8 Billion
2014 $3.3 Billion
2015 $3 Billion
2016 $1.9 Billion
2017 $2.4 Billion
2018 $2.5 Billion

Some Aloysio de Andrade Faria images

Biography/Timeline

1920

Aloysio de Andrade Faria was born on November 9, 1920 in Belo Horizonte, Minas Gerais.

1949

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.

1960

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.