Aloysio de Andrade Faria

Aloysio de Andrade Faria (9 November 1920 – 15 September 2020) was a Brazilian banker and billionaire. At the time of his death he was noted as being one of the world's oldest billionaires.[2]

Aloysio de Andrade Faria
Born(1920-11-09)9 November 1920
Belo Horizonte, Brazil
Died15 September 2020(2020-09-15) (aged 99)
Campinas, Brazil
NationalityBrazilian
Alma materUniversity of Minas Gerais
Northwestern University
OccupationChairman, Banco Alfa
Net worthUS$ 1.7 billion (March 2020)[1]
Spouse(s)married
Children5 daughters

Early life

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

Career

A pediatrician by training, Faria 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 AMRO Bank, but keeping other companies from the Real Group, such as Seguros Real (insurance) and Real Leasing Co. Faria, who had two daughters married, 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.

Faria also owned one of the largest Guarana plantations in the world, the Transamerica Corporation, including a hotel and media groups. However he preferred to keep a low profile, and drove a 1960s Mercedes Benz.

Death

Faria died on September 15, 2020 at the age of 99.[4]

See also

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.
  4. Morre o banqueiro Aloysio de Andrade Faria


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