LeaderPortfolio
Salles
Joao Moreira Salles
Rank #807
BRAZILfinance-investmentsBanking, minerals

Joao Moreira Salles

Net Worth
$5.257B
-0.02% (24h)
Joao Moreira Salles, born in Rio de Janeiro, Brazil, is a prominent figure in Brazilian cultural life. He is a Brazilian documentarian, film producer, and the founder of the magazine *piauí*. His wealth source is primarily banking and minerals. Salles is a member of one of Brazil's oldest banking families. In 2008, the family-owned Unibanco merged with Banco Itau, making Salles one of the largest individual shareholders of Itau Unibanco SA. Salles has directed several documentaries, including *Santiago* (2006), which won the Knight Grand Jury Prize at the Miami International Film Festival. He also founded the Instituto Moreira Salles, a non-profit foundation dedicated to promoting cultural projects.

The Full Dossier

Early Life

Joao Moreira Salles was born in Rio de Janeiro in 1962. He is the son of Walther Moreira Salles, a banker and former ambassador to the United States, and Elisa Gonçalves. He comes from a family with a long history in banking, with his grandfather founding Casa Bancária Moreira Salles in 1924, which later evolved into Unibanco.

Rise to Success

Salles is primarily known as a documentary filmmaker and the founder of the magazine *piauí*. He entered the film industry, inspired by his brother Walter Salles Jr., a film director. Salles's career includes directing documentaries such as *News from a Personal War* (1999), *Nelson Freire* (2003), *Entreatos* (2004), and *Santiago* (2006). In 2006, he founded *piauí* magazine. The family's wealth comes from Itaú Unibanco and CBMM.

Key Business Strategies

While Salles is not directly involved in the day-to-day management of the family's banking and mining interests, his career as a filmmaker and founder of a cultural magazine reflects the family's encouragement of diverse pursuits. The family’s business strategy involves maintaining a significant stake in Itaú Unibanco, the largest private bank in Brazil, and CBMM, the world's leading supplier of niobium.

Philanthropy

In 2017, Salles and his wife, Branca Vianna Moreira Salles, donated R$350 million to create the first private Brazilian institute dedicated to scientific research and dissemination, named Serrapilheira.

Career Timeline

2006

Directed *Santiago*

Directed the award-winning documentary about a former butler.

2006

Founded *piauí* magazine

Launched the longform journalism magazine.

1999

Co-directed *News from a Personal War*

Co-directed a documentary about drug trafficking in Rio de Janeiro.

1987

Co-founder of Videofilmes

Founded Videofilmes production company with his brother, Walter Salles Jr.

1985

Scriptwriter

Wrote the script for the series *Japão, uma Viagem no Tempo*.

Philanthropic Impact

Science and Research$67M

Serrapilheira Institute

Donated R$350 million to create the first private Brazilian institute dedicated to the promotion of science.

Wealth Trajectory