Aloysio de Andrade Faria

Aloysio de Andrade Faria (born November 9, 1920) is a Brazilian billionaire banker. As of November 2018, he was noted as being one of the world's oldest billionaires.[2]

Aloysio de Andrade Faria
Born (1920-11-09) November 9, 1920 (age 99)
NationalityBrazilian
Alma materUniversity of Minas Gerais
Northwestern University
OccupationChairman, Banco Alfa
Net worthUS$2.4 billion (October 2017)[1]
Spouse(s)married
Children5 daughters

Early lifeEdit

Aloysio de Andrade Faria was born on November 9, 1920, in Belo Horizonte, Minas Gerais.[3]

CareerEdit

A pediatrician by training, Aloysio (as he is commonly addressed as) shared his medical interest with the financial business sponsored by his father.[citation needed] 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.[citation needed]

Aloysio also owns one of the largest Guarana plantations in the world, the Transamerica Corporation, including a hotel and media groups.[citation needed] However, Aloysio always kept a low profile, driving a 1960s Mercedes Benz.[citation needed]

See alsoEdit

ReferencesEdit

  1. ^ "Aloysio de Andrade Faria". Forbes. Retrieved 5 October 2017.
  2. ^ Meet the world's oldest billionaire, a mysterious 100-year-old shipping magnate who has 14 kids
  3. ^ "Biografia do empresário Aloysio de Andrade Faria". sobesempre.com/. Archived from the original on 4 November 2013. Retrieved 2 November 2013.