BillionaireNet
Bartelle
Pedro Grendene Bartelle
Rank #3059
BRAZILFashion & Retailshoes

Pedro Grendene Bartelle

Net Worth
$1.046B
-0.07% (24h)
Pedro Grendene Bartelle, a Brazilian entrepreneur and billionaire, co-founded Grendene S.A., one of the world's largest sandal manufacturers. Born in 1950, Bartelle is known for his pivotal role in the footwear and fashion industry. His career spans decades, marked by innovative strategies and leadership. As of December 2025, his net worth is estimated at $1.1 billion USD, with his wealth stemming from his ownership in Grendene and related businesses. Bartelle is also known for his philanthropic efforts, supporting initiatives in education, healthcare, and environmental sustainability.

The Full Dossier

Early Life

Pedro Grendene Bartelle was born on January 23, 1950, in Farroupilha, Rio Grande do Sul, Brazil. He was born into a family with an entrepreneurial spirit. In the early 1970s, his entrepreneurial journey began with his twin brother, Alexandre, with support from their grandfather. They started with Plástico Grendene Ltda., which produced screens for wine bottles.

Rise to Success

The family's focus shifted to footwear, and in 1978, they launched the Nuar brand of sandals. A year later, in 1979, they launched Melissa, one of their most successful brands. They introduced Rider sandals, in 1986, catering primarily to the male market. In the 1990s, the company expanded, moving to Fortaleza and later establishing a factory in Sobral, Ceará. Grendene went public in 2004, accelerating its growth and becoming a major exporter.

Key Business Strategies

Bartelle's leadership is characterized by innovative strategies, contributing to Grendene's success. The company expanded its brands through strategic partnerships and investments. Grendene’s revenue has surpassed billions of dollars annually. Bartelle also diversified into other ventures, including the Nelore Grendene, a major producer of Nelore bulls. He is known for seeking innovation in all his business endeavors. In 2013, he stepped down as Grendene's CEO.

Philanthropy

Beyond his business achievements, Pedro Grendene Bartelle is recognized for his commitment to social causes. He supports initiatives focused on education, healthcare, and environmental sustainability.

Career Timeline

2013

Stepped down as Grendene's CEO

Remained as vice-chairman of the board of directors of Grendene SA.

2004

Grendene Goes Public

The company began trading on the stock exchange, accelerating its growth.

1971

Co-founded Grendene S.A.

Co-founded the sandal manufacturing company Grendene with his brother, Alexandre Grendene Bartelle.

Wealth Trajectory