Pedro Moreira Salles Net Worth $2.7 Billion
Pedro Moreira Salles is the current Chairman of Itau Unibanco and he’s got an estimated net worth of $2.7 billion as of March 2012 according to Forbes. He was also rated 442nd in the record of World Billionaires during that year. Mr. Salles has assembled his estimated net worth of $2.7 billion when he joined Unibanco, the biggest private banking association in Brazil with some $450 billion in assets, in 1989. The bank was headed for several decades by his father Walter Moreira Sales. He serves as the Vice President for six years and became the Chairman of the Board of Directors in 1997. He was named CEO in April 2004. He was mostly responsible in the 2008 merger of the bank with Banco Itau. Pedro Moreira Salles is the Vice Chairman of the Board of Porto Seguro S.A., manager of TOTVSand member of the Advisory Board of Capital International. Pedro is a member of the Supervisory Board of INSPER, among the leading schools for Business and Economics in Brazil. Pedro is reportedly a member of the Group of Fifty, a non profit initiative made up of Latin American executives and sponsored by the Carnegie Endowment for International Peace and the Inter-American Dialogue in Washington, D.C.