The net worth of Joao Moreira Salles, a Brazilian filmmaker, is $3.2 billion.
Joao Moreira Salles, a member of one of Brazil’s earliest banking families, established himself as a prominent figure in the entertainment industry.
His films “News from a Private War” (1999), “Nelson Freire” (2003), “Entreatos” (2004), and “Santiago” (2007) have earned him a place among the best filmmakers of the new generation in Brazil.
In 1987, Joao Moreira Salles and his brother Walter Salles established VideoFilmes, a production company that initially focused on producing television documentaries.
The Network series Headline showcased two documentaries, “China, The Center of the Empire” (1987) and “America” (1989), which were the first productions of the company.
Apart from the film industry, Mr.
Salles has a background in banking, as his father, Walther Moreira Salles, was the founder of Unibanco, a Brazilian bank that merged with Banco Itau in 2008.
Joao Moreira Salles is a major shareholder of Itau Unibanco SA, which is currently the second largest bank in Brazil.
Instituto Moreira Salles, a non-profit foundation run by the Moreira Salles family, was founded by Walter in 1990 and has Joao Moreira Salles as its president.
The foundation’s objective is to promote and develop cultural projects in the areas of photography, literature, libraries, visual arts, and Brazilian music.
Pedro and Fernando Roberto, who are Walter’s brothers, are also among the billionaires.