Aloysio de Andrade Faria Net Worth

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Aloysio de Andrade Faria is a Brazilian businessman and entrepreneur who was born in Sao Paulo in 1920. After training as a doctor, he took over his family's Banco Real and transformed it into one of the largest banks in Brazil. He then sold the bank to ABN Amro for $2.1 billion and used the proceeds to expand into 15 other holdings, including Agropalma and Transamerica. Faria is now focusing on succession planning and reportedly owns 150 pure-bred horses and is an avid reader.
Aloysio de Andrade Faria is a member of Finance

Age, Biography and Wiki

Birth Day	November 09, 1920
Birth Place	Sao Paulo, Brazil, Brazil
Age	102 YEARS OLD
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

💰 Net worth: $1.7 Billion (2024)

Aloysio de Andrade Faria, popularly known as Finance in Brazil, is a highly successful businessman and entrepreneur. With his exceptional skills and expertise in finance, he has amassed a considerable fortune throughout his career. As of 2024, his net worth is estimated to be a staggering $1.7 billion. Faria's wealth is a testament to his abilities and profound impact in the financial industry. Being a prominent figure in Brazil, his achievements have not only brought him immense wealth but also garnered him immense respect and recognition in the business world.

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

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.