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 Belo Horizonte, Brazil
Nationality	Brazilian
Alma mater	University of Minas Gerais Northwestern University
Occupation	Chairman, Banco Alfa
Net worth	US$1.7 billion (March 2020)[1]
Spouse(s)	married
Children	5 daughters

Early life

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

Career

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.

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.

See also

• List of billionaires

References

1. "Aloysio de Andrade Faria". Forbes. Retrieved 17 March 2020.
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.