Aloysio de Andrade Faria’s biography, fact, career, awards, net worth & life story

  • Source of Wealth: Business (Banking – Consorcio Alfa de Administraca)
  • Age: 99
  • Birth Place: Belo Horizonte Minas Gerais
  • Marital Status: Married
  • Full Name: Aloysio de Andrade Faria
  • Nationality: Brazilian
  • Date of Birth: November 9, 1920
  • Ethnicity: Brazilian
  • Occupation: Former Chairman, President, and CEO of Consorcio Alfa de Administraca
  • Education: Federal University of Minas Gerais and Northwestern University
  • Children: 5

This low profile billionaire is a pediatrician turned banker after he succeeded his father Clemente de Faria in managing Banco da Lavoura. Under his direction, the bank became one of the most successful and profitable banks in Brazil. In the late 20th century,  Aloysio de Andrade Faria sold some of its international and local assets to ABN AMRO which is a Netherlands-based bank.

After his successful transaction with ABN AMRO Bank, Aloysio de Andrade Faeyria continued to be actively involved in the financial market. He re-invested and incorporated a new investment and personal bank, the Alfa Bank, a New York-based bank that is currently one of the most successful and ten largest banks in the US.

Aloysio de Andrade Faria has an estimated net worth of $3.4 billion.

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