Joao Moreira Salles was born in Rio de Janeiro, Brazil, Brazil. Brazilian documentary filmmaker Joao 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 and his three brothers, all billionaires, also own a majority stake in Cia. Brasileira de Metalurgia & Mineracao (CBMM), the world's leading supplier of niobium. Moreira Salles' 2006 documentary about the family's butler won the Knight Grand Jury Prize for Documentary Features at the Miami International Film Festival. He is also a lecturer on the history of documentary films at PUC university in Rio de Janeiro, where he earned his bachelor's degree in Economics. In addition, Moreira Salles also founded Piauí Magazine, a Brazilian culture magazine.
Joao Moreira Salles is a member of Diversified