Joao Moreira Salles Net Worth
Joao Moreira Salles Net Worth: Joao Moreira Salles is a Brazilian documentary filmmaker with a net worth of $3.2 billion. As a member of one of the oldest banking families in Brazil, Joao Moreira Salles has made a name for himself in the entertainment industry. Today, he is known as one of the greatest filmmakers of the new generation in Brazil, creating titles such as “Private War News” (1999), “Nelson Friar” (2003), “Entreatos” (2004) and “Santiago” ” and other works. (2007).
Back in 1987, Joao Moreira Salles teamed up with his brother Walter Salles to found VideoFilmes, a production company that initially focused on making documentaries for television. His first works included two documentaries screened on the headlines of the web series, China, the Heart of Empire (1987) and America (1989). In addition to filmmaking, Mr. Salles has also ventured into the banking industry. Salles’ late father, Walther Moreira Salles, was the founder of the Brazilian bank Unibanco, which merged with Banco Itau in 2008. Today, Itau Unibanco SA is the second largest bank in Brazil and Joao Moreira Salles is one of the largest individual shareholders of Itau Unibanco SA. Joao Moreira Salles also serves as President of Instituto Moreira Salles, a company founded in 1990 by Walter and led by A non-profit foundation run by the Moreira Salles family. The purpose of the foundation is to promote and develop cultural projects in the fields of photography, literature, libraries, visual arts and Brazilian music. His two brothers Walter, Pedro and Fernando Roberto are also billionaires.
