Walter Salles, the renowned Brazilian filmmaker responsible for the acclaimed film “Central do Brasil”, achieved the title of richest film director in the world, according to Forbes magazine.
This achievement is especially notable as Salles surpassed former titleholder George Lucas, known for selling Lucasfilm to Disney in 2014.
see more
Experts say AI is a force for good
Mother registers daughter named Barbie and son was almost named Ken
Walter Salles' fortune has a family origin, as he is the son of Walter Moreira Salles, founder of Unibanco. After his father's death in 2001, Walter Júnior and his three brothers became major shareholders in the bank.
They maintained a significant stake in Unibanco even after the merger with Itaú in 2009, resulting in the establishment of the largest financial conglomerate in the southern hemisphere, Itaú Unibanco.
It is noteworthy that this conglomerate is controlled by the Setúbal, Villela and Salles families.
The Moreira Salles family, in addition to its participation in the banking sector, also has an empire in other fields. One of its properties is CBMM.
With revenues of an impressive BRL 11.4 billion in the last fiscal year, the company recorded a profit of BRL 4.5 billion, resulting in an impressive net margin of almost 40%.
In addition, the family manages more than R$50 billion in assets through Brasil Warrant, the family office responsible for managing the family empire. Among the assets managed is Alpargatas, known for being the owner of the famous Havaianas brand.
The Moreira Salles family went through an important transaction in 2022, when Walter and his brother João negotiated its shares in Itaú Unibanco with the brothers Pedro and Fernando Roberto, who assumed the leadership of the businesses relatives.
In exchange, they received shares in XP and this decision proved to be extremely profitable as XP shares outperformed Itaú Unibanco.
As a result, Walter's individual fortune is now estimated at $5.5 billion, making him the richest filmmaker in the world.
Lover of movies and series and everything that involves cinema. An active curious on the networks, always connected to information about the web.
