#1625

Aloysio de Andrade Faria

Brazil 105 years old

Overview

Source of Wealth
banking
Residence
Education
University of Minas Gerais (Bachelor of Arts/Science)
Northwestern University (Master of Science)
Children
5

Assets

  • Alfa Holdings SA
    26,934,000 shares @ -
    -
    RPAD3-BR
  • Banco Alfa de Investimento
    27,300 shares @ -
    -
    BRIV3-BR
  • Consorcio Alfa de Administracao S/A
    22,299,000 shares @ -
    -
    BRGE12-BR
  • Financeira Alfa S/A
    11,750 shares @ -
    -
    CRIV4-BR

Biography

Aloysio de Andrade Faria invests in financial firms, palm oil production, hotels, bottled water and more.

Trained as a doctor, Faria practiced medicine for two years; then his father died and he took the helm of the family's Banco Real.

Under Faria, Banco Real became one of the largest banks in Brazil. In 1998 he sold the institution to Dutch bank ABN Amro for $2.1 billion.

He used that cash to fund a diverse empire, expanding into more than a dozen ventures in different industries.

About

The nonagenarian has five daughters. One of his passions is pure-bred horses.

In 2016, one of his grandsons married the daughter of fellow billionaire Carlos Alberto Sicupira.