Walther Moreira Salles Net Worth is
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Walter Moreira Salles (sometimes Walther Morreira Sales, Pouso Alegre, MG, May 28, 1912 a?? PetrA?polis, RJ, 2001) was a highly successful Brazilian banker, politician and philanthropist who is considered by many as one of the premier founders of the modern Brazilian financial and banking industry.


In 1926 his father, JoA?o Moreira Salles, established the Casa BancA?ria Moreira Salles (Moreira Salles Banking House) in the town of PoA?os de Caldas, some 80 km (50 mi) north-west of Pouso Alegre, and Walter was named an acting partner in 1933 at the young age of twenty-one.
During 1940, Banco Moreira Salles catalyzed its growth by merging with three regional banks and eventually changing its name to UniA?o de Bancos Brasileiros (Unibanco). Walter helped propel Unibanco to its position as one of Brazila??s top three banking institutions by implementing a strategy of successful acquisitions and an emphasis on human resources.
In 1991, Walter Moreira Salles retired as Chairman of the Board, after a 60-year career, to become Honorary Chairman and take over the conglomerate's cultural endeavors. In his farewell speech, he summed up Unibanco's working ethics: "We are people serving people. As impressive as the technology available to a bank can appear to be, in the end, each electronic exchange will still bear the plain and inevitable circumstance, of people serving people."
The Instituto Moreira Salles (IMS) was launched in 1991, with an agenda focused on people and the country's social development. Moreira Salles would be the first President of the Instituto, promoting cultural programming for the public at large. A year later IMS opened the Casa de Cultura de PoA?os de Caldas, in the city where Casa Moreira Salles was founded.
Although he is best known for activities related to finance and banking, Walter Moreira Salles was also deeply involved in Brazilian politics. He was the countrya??s ambassador to the United States in the 1950s, serving in Was

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Walther Moreira Salles Latest News

Film festival cuts across cultures

The film ponders the eternal question of time through five short stories by Chinese director Jia Zhangke, Russian Alexey Fedorchenko, Indian Madhur Bhandarkar, South African Jahmil X.T. Qubeka and Brazilian Walter Moreira Salles, Jr. Jia said the five ...
Posted: June 24, 2017, 12:44 am

Scientists May Never Have Found The God Particle Without The Richest Family In Brazil

The Salles first got into niobium in 1965, when a U.S. Navy Admiral convinced Brazilian banker and diplomat Walther Moreira Salles to back his venture to produce niobium. Moreira Salles bought a majority stake in the company. From Bloomberg: That market ...
Posted: March 14, 2013, 3:13 am

Niobium mining – The first step in building a fighter jet

Walther Moreira Salles not only backed the venture ... Compared to China Molybdenum’s recently acquired Boa Vista fresh rock operation, CBMM’s cost of mining would be considerably less because CBMM mines soft rock. At time of sale, we calculated ...
Posted: June 5, 2016, 1:54 pm
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