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Alexandre Grendene Bartelle

Alexandre Grendene Bartelle

A. Bartelle
0.56% | + $13.30M
$2.41 B ₹ 21,928 Cr
Real Time Net Worth #1718 Ranking as of 21 Feb 2026 By Forbes

More on Alexandre Grendene Bartelle

Gender

Male

Age

76Y

Country

Brazil

Born On

January, 1950

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Footwear)

Primary Organization

Grendene

Titles

Chairman

Sources of Wealth

Grendene

Industry

Fashion & Retail, Manufacturing, Footwear

About Alexandre Grendene Bartelle


A lexandre Grendene Bartelle is a Brazilian billionaire who, along with his twin brother Pedro, co-founded Grendene, one of the world's largest manufacturers of synthetic footwear. The brothers started their business in the 1970s in the state of Rio Grande do Sul, initially producing plastic packaging for wine bottles. They soon pivoted to footwear, applying their expertise in plastic injection molding to create innovative and affordable sandals.

The company's major breakthrough came with the launch of its Melissa and Rider brands. Melissa, known for its colorful and fashion-forward plastic shoes (often called "jellies"), became a cultural phenomenon and collaborated with high-profile designers. Rider became a popular brand of casual sandals. Grendene grew into a massive, publicly traded company, exporting its products worldwide. While his brother Pedro is no longer a shareholder, Alexandre remains the company's largest individual shareholder and chairman, having built a footwear empire from a small plastic molding business.

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Quick Reads


  • Co-founder of Grendene, one of the world's largest sandal manufacturers.
  • Founded the company with his twin brother, Pedro Grendene Bartelle.
  • Grendene is famous for its plastic footwear brands, Melissa and Rider.
  • He is the chairman and largest individual shareholder of the publicly traded company.
  • Started the business by making plastic packaging before pivoting to shoes.

Early Life and Background


Alexandre Grendene Bartelle, born on January 2, 1950, in Farroupilha, Brazil, is a self-made entrepreneur and co-founder of Grendene, one of the world's largest footwear manufacturers. His entrepreneurial journey is inextricably linked to his twin brother, Pedro Grendene Bartelle.

He initially pursued a traditional career path, graduating with a Bachelor's degree in Law from the Universidade de Caxias do Sul. However, he quickly rejected the law profession to join his twin brother in business, focusing instead on industry. Their entrepreneurial roots began with a small, industrial venture, leveraging a loan from their grandfather to purchase plastic injection molding machines.

Career Journey of Alexandre Grendene Bartelle


Alexandre Grendene's career is a masterclass in industrial diversification and brand marketing. He co-founded Grendene with his brother in 1971. Their first product was not footwear, but plastic basket holders for wine bottles in the wine-producing region of Rio Grande do Sul. They quickly innovated, producing plastic parts for agricultural machinery before pivoting entirely to footwear in the late 1970s.

The company’s breakthrough was the launch of the iconic plastic sandals: 'Melissa' (1979), inspired by French fishermen's strip-sandals, and the men's 'Rider' sandals (1986). Alexandre's genius lay in merging mass-market manufacturing with high fashion through celebrity partnerships—working with supermodels like Gisele Bündchen (who launched the massively successful Ipanema line) and designers like Vivienne Westwood. Grendene grew to produce over 250 million pairs of shoes annually, making it Brazil’s largest footwear exporter. He stepped down as CEO in 2013 but remains the Chairman of the Board.

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Alexandre Grendene Bartelle's Timeline


1971:

Co-founded Grendene with his twin brother, Pedro, initially producing plastic wine bottle holders.

1979:

Launched 'Melissa' sandals, the plastic footwear line that became a global sensation.

1986:

Launched the popular men's brand 'Rider'.

2002:

Partnered with supermodel Gisele Bündchen to launch the successful Ipanema flip-flop line.

2004 (Oct):

Grendene completed its IPO on the São Paulo Stock Exchange.

2013:

Stepped down as CEO, remaining the Chairman of the Board.

2015:

Donated funds for the construction of a veterinary hospital in Porto Alegre.

Ongoing:

Chairs Grendene and manages investments in diverse sectors like steel and ethanol.

Major Business Ventures and Investments


Alexandre Grendene Bartelle's wealth is rooted in his substantial stake (approximately 41%) in the publicly traded Grendene S.A., a global leader in synthetic footwear. He maintains a diverse, strategic investment portfolio beyond shoes.

  • Grendene S.A. (Co-founder & Chairman): The core asset, famous for brands like Melissa, Rider, Ipanema, and Zaxy. The company is vertically integrated, owning its own mold-producing plants and PVC factories.
  • Diversified Industrial Holdings: He has interests in various other sectors, including modular kitchen manufacturing ('UNICASA Indústria de Móveis S/A'), steel production ('Sitrel – Siderúrgica Três Lagoas'), and sugar cane/ethanol production ('Da Mata S.A. Sugar & Alcohol').
  • Real Estate and Land: He owns extensive real estate in Brazil and over 125,000 acres of Brazilian land. He also owns luxury residences in Porto Alegre and Miami.

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Philanthropy and Social Impact


Alexandre Grendene’s philanthropy is rooted in supporting his local community, a commitment that balances his global luxury lifestyle. His most notable public philanthropic act was a substantial donation in 2015 towards the construction of a veterinary hospital in his hometown of Porto Alegre.

His company's massive job creation—employing around 20,000 people and exporting products to over 90 countries—is his greatest economic contribution to Brazil. Grendene also commits to social responsibility by selling affordable, quality products that align with contemporary fashion trends, making designer-influenced style accessible to the masses.

Fashion, Style, and Lifestyle


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Quotes and Philosophy


“I love challenges. If you don’t have any and can do whatever you want, then it’s probably time to die.”

“He was a born entrepreneur who always recognized a good opportunity to earn money.”

Fun Facts & Trivia


  • He and his brother Pedro are twin brothers and co-founders of Grendene.
  • The company initially manufactured plastic basket holders for wine bottles before pivoting to footwear.
  • He is the proud owner of a 60-meter Amels super yacht named Madame Kate—named after his dog.
  • Grendene successfully partnered with supermodel Gisele Bündchen to launch the immensely popular Ipanema flip-flop line.
  • The company produces over '250 million pairs of shoes' annually.
  • He owns approximately '125,000 acres of land' in Brazil and has investments in steel, ethanol, and modular kitchens.
  • He holds a degree in Law but chose not to practice, joining industry immediately after graduation.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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