What is Fernando Roberto Moreira Salles' Net Worth?
Fernando Roberto Moreira Salles is a Brazilian banker and businessman who has a net worth of $3.2 billion. A member of one of Brazil's oldest banking families; he is now a majority shareholder and serves as a board member in Itau Unibanco Holding SA, the second largest bank institution in Brazil. He earned the positions in the bank thanks to his father, Walther Moreira Salles, who founded Unibanco and is regarded to be one of the founders of the modern Brazilian banking industry.
In 2008, his family's Unibanco merged with Banco Itau, thus forming the largest financial conglomerate in the Southern Hemisphere Itaú Unibanco Holding S.A. Today Fernando Roberto Moreira Salles and his billionaire brothers own 68.5% of the company, which is said to be worth at least $13 billion.