LeaderPortfolio
Bartelle
Pedro Grendene Bartelle
Rank #3107
BRAZILFashion & Retailshoes

Pedro Grendene Bartelle

Net Worth
$1.172B
0% (24h)
Pedro Grendene Bartelle, a 76-year-old Brazilian entrepreneur, is the co-founder of Grendene, one of the world's largest footwear manufacturers. His source of wealth stems from the shoe industry. Bartelle is the Vice Chairman of the Board of Directors of Grendene, and holds a significant ownership stake. His career highlights his success in the footwear sector. Bartelle's estimated net worth is $1.2 billion USD as of March 25, 2024.

The Full Dossier

Early Life

Pedro Grendene Bartelle was born on January 23, 1950, in Farroupilha, Rio Grande do Sul, Brazil. He co-founded Grendene with his twin brother Alexandre Grendene Bartelle in 1971.

Rise to Success

Grendene started by creating plastic basket holders for wine. In 1979, inspired by fisherman's sandals, the company produced its first sandal, the Melissa Aranha. Grendene expanded, creating brands like Grendha in 1994 and Melissa in 1996.

Key Business Strategies

Grendene's success is rooted in innovation, strong branding, and strategic partnerships. The company has focused on a vertically integrated model with its own PVC production and mold-manufacturing units. They have a wide recognition of its products in the footwear sector. Grendene has expanded its presence globally, with a strong focus on the Brazilian market, and has also expanded into the market for men's and children's shoes.

Philanthropy

In 2015, Alexandre Grendene Bartelle, along with Pedro, donated funds for the construction of a veterinary hospital in Porto Alegre.

Career Timeline

2013

Vice Chairman

Became Vice Chairman of the Board of Directors of Grendene.

1971

Cofounded Grendene

Co-founded Grendene, a major footwear manufacturer, with his twin brother Alexandre Grendene Bartelle.

Philanthropic Impact

HealthcareUndisclosed

Veterinary Hospital

Donated funds for the construction of a veterinary hospital in Porto Alegre.

Wealth Trajectory