Aloysio de Andrade Faria Net Worth

What is Aloysio de Andrade Faria's Net Worth?

Aloysio de Andrade Faria is a Brazilian banker who has a net worth of $3.4 billion. A pediatrician by training, Faria had no other choice but to replace his father after his sudden death in 1949. Once he took over control of Banco Real, Faria turned the bank in one of the most successful banks in Brazil. In 1998, he sold most of his Banco Real to Dutch bank ABN Amro for $2.1 billion, but still keeping other companies from the Real Group, such as Seguros Real (insurance) and Real Leasing Co.

As for the remaining assets, he invested them in the creation of Banco Alfa, now Brazil's 22nd largest bank. Faria also owns Agropalma, Latin America's biggest palm oil producer, as well as one of the largest Guarana plantations in the world, the Transamerica Corporation. Aloysio, who has his two daughters married to the corporation's CEOs, is mostly retired now and he is reportedly taking care of 150 pure-bred horses. According to Forbes, he is one of "World's Richest People," being #255 in the magazine's list of wealthiest people as of March 2012.

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