Alfredo Egydio Arruda Villela Filho Net Worth $1.15 Billion
Alfredo Egydio Arruda Villela Filho is a Brazilian executive and engineer with an estimated net worth of $1.15 as of March 2013. He’s a low profile member of among the oldest banking families in Brazil. He’s a graduate of the Instituto Maua de Tecnologia using a diploma in mechanical engineering. Then he earned his MBA in the Fundacao Getulio Vargas. He began earning his net worth when he was picked to direct the family business after his great uncle Olavo Setubal expired in 2008. In exactly the same year, the family’s Banco Itau merged with Unibanco. He then became the CEO and General Manager as well as the biggest shareholder of Itausa, a holding company that commands one of Brazil’s biggest banks, Unibanco Holding S.A. Since March 2003, he served as the Vice Chairman of the Board of Directors. Itausa also commands Duratex, a wood panel manufacturer where he owns a minor stake; Itautex, a banking and consumer electronics company; and Elekeiroz, a chemical manufacturer. In the previous year, Alfredo’s fortune has considerably dropped by more than $2 billion after Forbes has discovered in-depth new information on the value of his holdings.