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Joao Moreira Salles

Joao Moreira Salles

J. Salles
0.55% | + $27.65M
$5.1 B ₹ 46,392 Cr
Real Time Net Worth #827 Ranking as of 21 Feb 2026 By Forbes

More on Joao Moreira Salles

Gender

Male

Age

64Y

Country

Brazil

Born On

January, 1962

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Companhia E. Johnston De Participações

Titles

Shareholder

Sources of Wealth

Itaú Unibanco, CBMM

Industry

Finance, Banking, Mining, Film

About Joao Moreira Salles


J oão Moreira Salles is a Brazilian billionaire and a member of one of the country's oldest and most powerful banking dynasties. He and his three brothers—Pedro, Walther Jr., and Fernando Roberto—are the heirs to the fortune created by their late father, Walter Moreira Salles, who founded Unibanco. Through a massive merger in 2008, Unibanco joined with Itaú to create Itaú Unibanco, the largest private sector bank in Latin America.

The Moreira Salles brothers are the controlling shareholders of the banking giant through their family's holding company, Companhia E. Johnston de Participações. While his brother Pedro is the co-chairman of the bank, João is not involved in the day-to-day management of the family's financial assets. He is one of Brazil's most celebrated and acclaimed documentary filmmakers. He is also the founder of the magazine Piauí, a highly respected publication known for its long-form journalism. He is also, along with his brothers, a controlling shareholder of CBMM, the world's largest producer of niobium.

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Quick Reads


  • An heir to one of Brazil's most prominent banking and mining fortunes.
  • His family is a controlling shareholder of Itaú Unibanco, Latin America's largest bank.
  • Also a controlling shareholder of CBMM, the world's top producer of the metal niobium.
  • Unlike his brothers, he is one of Brazil's most acclaimed documentary filmmakers.
  • Founder of the respected long-form journalism magazine, Piauí.

Early Life and Background


João Moreira Salles is a Brazilian businessman, the billionaire co-owner of Itaú Unibanco (BVMF: ITUB4), Latin America's largest commercial bank, and a globally recognized documentary filmmaker. His wealth is generational, tied to the Moreira Salles family fortune, which stems from the massive banking and mining conglomerate.

Moreira Salles holds a B.A. in Economics from INSPER, São Paulo, and two Master's degrees (Economics and Finance) from Columbia University. His career is defined by a unique blend of finance and creative arts; he is the founder of piauí magazine and co-founder of Videofilmes, a production company instrumental in reviving Brazilian cinema.

  • Itaú Unibanco (Co-owner & Board Member): The core wealth generator, Latin America's largest commercial bank. He and his three brothers own substantial stakes.
  • Videofilmes (Co-founder): His film production company that played a key role in reviving Brazilian cinema (working with his brother, Walter Salles Jr.).
  • Serrapilheira (Co-founder): The first private Brazilian institute dedicated to the promotion of science and scientific research.
  • Academic/Artistic Role: He is a recognized documentary filmmaker and former lecturer at Princeton University.

Career Journey of Joao Moreira Salles


João Moreira Salles joined the Itaú Unibanco Group's governance structure, serving on the Board of Directors since 2017. His structural role involves providing oversight to the financial giant (which merged with Unibanco in 2008 to become Latin America's largest bank). The family also owns controlling stakes in CBMM (the world's leading supplier of niobium).

His professional passion is documentary filmmaking, directing and producing critically acclaimed films like Santiago (2006) and No intenso agora [In the Intense Now] (2017). His personal wealth is secured by the colossal, long-term, stable profitability of the Latin American financial and commodity sectors. His structural contribution is tied to his immense philanthropic work, founding the Serrapilheira Institute to support Brazilian scientific research.

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Joao Moreira Salles's Timeline


1987:

Co-founds Videofilmes with his brother Walter Salles Jr. (Cultural Founding).

2008:

Itaú merges with Unibanco, creating Latin America's largest bank (Corporate Milestone).

2013:

Becomes a partner at Cambuhy Investimentos Ltda (Investment Role).

2017:

Joins the Board of Directors of Itaú Unibanco (Governance Role); directs the acclaimed documentary No intenso agora [In the Intense Now] (Film Apex).

Ongoing:

Co-founds Serrapilheira, the first private science promotion institute in Brazil (Philanthropic Founding).

Major Business Ventures and Investments


João Moreira Salles's wealth is concentrated in his family's controlling stake in the publicly traded financial giant, Itaú Unibanco (BVMF: ITUB4), and his private investment/media firms.

  • Itaú Unibanco (Co-owner & Board Member): The core wealth generator, Latin America's largest commercial bank. He and his three brothers own substantial stakes.
  • Videofilmes (Co-founder): His film production company that played a key role in reviving Brazilian cinema (working with his brother, Walter Salles Jr.).
  • Serrapilheira (Co-founder): The first private Brazilian institute dedicated to the promotion of science and scientific research.
  • Academic/Artistic Role: He is a recognized documentary filmmaker and former lecturer at Princeton University.

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Philanthropy and Social Impact


João Moreira Salles's social impact is massive and structural, stemming from Itaú Unibanco's role in providing essential financial services across Latin America. His most profound philanthropic contribution is the Serrapilheira Institute, which is the first private Brazilian institute dedicated to the promotion of science, providing crucial funding and support for Brazilian researchers.

His structural contribution is also cultural, as his production company, Videofilmes, was key to the revival of Brazilian cinema in the post-dictatorship era.

Fashion, Style, and Lifestyle


João Moreira Salles maintains the professional, yet intellectual, style of a banking executive and academic. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects stability and intellectual authority, blending finance with his deep commitment to cinema and science.

Residing in Rio de Janeiro, Brazil, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to financial governance, documentary filmmaking, and advancing Brazilian science and culture.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is a co-owner of Itaú Unibanco, Latin America's largest commercial bank.
  • He is a globally recognized documentary filmmaker (Santiago, In the Intense Now).
  • He co-founded Videofilmes, a key company in the revival of Brazilian cinema.
  • He founded the Serrapilheira Institute, the first private Brazilian institute for science promotion.
  • He holds Master's degrees in Economics and Finance from Columbia University.
  • His family controls CBMM, the world's leading supplier of niobium.
  • His wealth is tied to the successful consolidation and stability of the Brazilian banking sector.

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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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