Pedro Moreira Salles

About Pedro Moreira Salles

Birth Place: Sao Paulo, Brazil, Brazil

Pedro Moreira Salles Net Worth

Pedro Moreira Salles was born in Sao Paulo, Brazil, Brazil. Pedro Moreira Salles belongs to one of Brazil's oldest banking families. His late father, Walther Moreira Salles, founded Unibanco and was an 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. Pedro is the bank's chairman. The Moreira Salles family owns a controlling stake in the bank. Pedro 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 founded investment firm Cambuhy Investimentos in 2011 with three other financiers. In 2015, Cambuhy acquired a stake in Cia. Hering, the largest retail franchises network in Brazil. Cambuhy also owns a stake in Rio de Janeiro-based Parnaiba Gas Natural (PGN),one of the largest gas producers in Brazil. Moreira Salles holds a bachelor's degree in economics and history from the University of California, Los Angeles, where he graduated with honors.
Pedro Moreira Salles is a member of Diversified

💰 Net worth: $4 Billion (Updated at 22 June 2018)

2011 $2.6 Billion
2012 $2.7 Billion
2014 $2.9 Billion
2015 $2.1 Billion
2016 $2.8 Billion
2017 $3.2 Billion
2018 $5.25 Billion

Some Pedro Moreira Salles images

Biography/Timeline

1989

Salles has been unofficially involved with Unibanco since birth, since the bank was headed for several decades by his Father, the late Walter Moreira Salles. Pedro joined Unibanco in 1989 and became Chairman of the Board of Directors in 1997, after serving as Vice Chairman for almost six years. In April 2004, Mr. Moreira Salles was elected CEO. As of 2016, he serves as Chairman of the Board at Itaú Unibanco Holding.