Andre Esteves Net Worth 2026

The estimated net worth of Andre Esteves is $2.9 billion USD.
Real Name Andre Esteves
Net Worth 2026 $2.9 billion USD
Birthday (Year-Month-Day) 1969-7-12
Nationality Brazilian
Occupation Banker
Height m or 0 ft 0 inches
Weight kg or 0 pounds
Marital Status Andre Esteves
Ethnicity
Education Federal University of Rio de Janeiro
Kids 3
Kids Names Pedro Esteves, Fernanda Esteves, Henrique Esteves



André Esteves
Esteves in 2014
Born
André Santos Esteves

(1968-07-12) July 12, 1968 (age 57)[1]
Rio de Janeiro, Brazil[2]
Alma materFederal University of Rio de Janeiro[1]
OccupationsBusinessman, investor, philanthropist
TitleChairman and Senior Partner, BTG Pactual[3]
Board member ofConservation International[4]
Inteli
Council on Foreign Relations
SpouseLillian Esteves[5]
Children3[1]

André Santos Esteves (born July 12, 1968) is a Brazilian billionaire businessman. Among Brazilian billionaires, Esteves is ranked second with a net worth of US$19.4 billion, according to Forbes, as of March 2026.[1] He is senior partner and chairman at BTG Pactual,[6] the biggest investment bank in Latin America. Under his leadership, the firm has expanded its operations across investment banking, asset management, and, in the 2020s, commodities trading and international markets.[7]

In 2015, Esteves was accused of obstructing justice. In July 2018, he was acquitted by the Federal Court. In April 2022, he was reappointed chairman of BTG Pactual.[8][9] He is a board member of Conservation International, Inteli and Council on Foreign Relations.[10]

Personal life

André Esteves was born into a middle-class family in Rio de Janeiro,[2] and obtained his bachelor's degree in computer science from the Federal University of Rio de Janeiro.[1][11] Esteves has three children,[12] and The New York Times writes that "he has driven the same Mercedes pickup for four years and takes only two weeks of vacation a year".[2][13][14] When interviewed about his downtime, "Esteves professes a love of his job, though he also enjoys cinema, wine and good food."[12]

Esteves is involved in the wine industry. In 2012, he acquired the Italian winery Argiano, located in Montalcino, Tuscany, and in 2013 acquired Quinta da Romaneira in Portugal’s Douro Valley. Under his ownership, Argiano adopted organic farming practices and sustainability initiatives, including the elimination of single-use plastics by 2019.[15] In 2023, the Argiano Brunello di Montalcino 2018 was named “Wine of the Year” by ''Wine Spectator''.[16]

Career

Early career and Banco Pactual

As a systems analyst while attending the Federal University of Rio de Janeiro, André Esteves joined Pactual in 1989 and within "a year he was a member of the bank's foreign debt trading team, and within two he was managing IPOs and M&A deals."[11] In 1992, Esteves made a partner for helping the bank "to post a 59 percent return on capital".[11]

UBS Pactual and international experience

UBS purchased Pactual in December 2006, and became UBS Pactual. Esteves led the Latin American operations and later moved to London, where he served as global head of fixed income, currencies, and commodities.[11]

Formation of BTG Pactual

June 2008, Esteves left UBS Pactual along with key Brazilian partners to create BTG, a global investment company.[17] In April 2009, they purchased Pactual back from UBS for US$2.5 billion.[11] He discussed these events an interview for the Creating Emerging Markets project at the Harvard Business School.[18] Esteves arrives at his office as early as 6:30 AM and "often calls partners together for meetings as late as 10:00 p.m."[19] He also holds regular study meetings with BTG Pactual directors at his home.[20]

Global expansion

According to the ''Financial Times'', the firm expanded its operations beyond traditional investment banking into commodities trading, infrastructure, and international markets.[21] By the mid-2020s, BTG Pactual had assets under management reported in excess of US$300 billion and expanded its presence beyond Latin America through operations in Europe and North America. In September 2023, the bank completed the acquisition of 100% of the share capital of FIS Privatbank in Luxembourg for 21.3 million euros, aiming to expand its wealth management and asset management activities in Europe.[22] In June 2024, it announced the acquisition of M.Y. Safra Bank in the United States, a transaction finalized in January 2026, granting the institution a banking license to operate directly in the North American market as BTG Pactual Bank.[23]

Additionally, in October 2025, BTG Pactual proposed a corporate reorganization to incorporate all remaining shares of Banco Pan, resulting in the cancellation of Banco Pan’s public company registration and its conversion into a wholly-owned subsidiary.[24] In interviews cited by financial media, Esteves has emphasized the strategic importance of commodities, particularly agriculture, stating that Brazil could play a central role in meeting future global food demand. Financial media have also reported that BTG Pactual has invested in building a commodities trading platform focused on flows between Latin America and Asia.[25]

Philanthropy

James Crombie of LatinFinance writes that "Esteves supports education and environmental charities". In addition, André Esteves is a member of the Global Board of Advisors of the Council on Foreign Relations. He has also supported initiatives, projects, and institutions that aim to improve education, healthcare, and promote the arts in Brazil. Institutions like the Universidade de São Paulo, the "Hospital de Câncer de Barretos" and the Museu de Arte Moderna de São Paulo are among those supported by Esteves.

In April 2020, Esteves and other partners of BTG Pactual announced a donation of 50 million Brazilian reais for COVID-19 pandemic combat projects in Brazil.[26]

Environment

Esteves is also known for his pro-environment activities, most of them in private. He is a board member at Conservation International[27] and played an active role supporting the Amazonia Live program, a project to plant one million trees,[28] in partnership with one of the biggest music festivals of the world, Rock in Rio.[29]

He is part of the 5P Alliance,[30] a group of entrepreneurs, bankers, and doctors who are working on their own to ensure the conservation of the Pantanal biome by acquiring farms in the region to preserve them. The goal is to create large ecological corridors and keep the biome as the most preserved in the country. André Esteves is the owner of Fazenda Rio Negro, which in 2001 was granted the title of Private Natural Heritage Reserve (RPPN) by the government of Mato Grosso do Sul for having several endangered species such as the giant otter, the marsh deer, and the hyacinth macaw. The property was also a filming location for the Brazilian TV series Pantanal.[31]

Inteli

In 2021, he founded the Institute of Technology and Leadership (Inteli) with Roberto Sallouti, with the aim of providing higher education for students in the field of Technology, with emphasis on Computing, Business, and Leadership. Esteves and his family sponsored the initiative with a donation of US$38 million.[32]

Esteves Hall

André Esteves made a significant personal donation to Harvard Business School, in order to renovate the former Baker Hall, located on the campus of Harvard University; now renamed as Esteves Hall, in honor of him.[33] This Harvard dormitory is used by the School's Executive Education programs, which annually attract some 10,000 executives from around the globe, many from Esteves' home country, Brazil.[34]

Prizes

  • Entrepreneur of the Year, by the Trade Association of Rio de Janeiro (ACRJ), in 2023.[35]
  • Person of the Year by the Brazilian Chamber of Commerce of UK in 2014.[36]
  • Entrepreneur of the Year, by "Isto É Dinheiro" magazine for two years, in 2011 and 2014.[37][38]
  • Person of the Year by the US-Brazil Chamber of Commerce in 2012.[39]
  • Appointed leader in Financial by Leaders of Brazil in 2012.[40]
  • One of the 50 most influential people in the world by "Bloomberg" in 2012.[41]
  • Prominent Executive in the area of banks and financial institutions by Valor Econômico newspaper for three consecutive years, in 2011, 2012 and 2013.[42]
  • One of the most admired leaders of the Year by Carta Capital magazine for two consecutive years in 2011 and 2012.[43]
  • One of the "100 Most Influential Brazilians " by Epoca magazine for four consecutive years, in 2009, 2010, 2011 and 2012.[44]
  • Personality of the Year by Latin Finance in 2010.[45]
  • One of the 25 most influential executives in the financial sector, according to Institutional Investor survey in 2009.[46]

BTG Pactual

Main article: BTG Pactual

BTG Pactual, where André Esteves serves as chairman and senior partner,[47] is a Brazilian investment bank and asset management firm. The bank provides services including advisory services in merger transactions and acquisitions, equity, debt underwriting, asset management, wealth management, sales and trading, loans and financing (corporate lending) and fund management for clients including corporations, financial institutions, governments and high-net-worth people.[48]

Approximately 70% of the company is owned by its partners, fostering an alignment of long-term interests with its stakeholders.[49][50] The bank is also active in proprietary investments (both class of net assets as of non-liquid assets). It is recognized as one of the leading investment banks in emerging markets, the largest independent investment bank and the largest asset manager in Brazil.[51]

Controversy

Insider trading

In April 2012, André Esteves was fined €350,000 for insider trading in Italy by Consob.[52][53] They said, that "the 43-year-old Latin American banker bought the shares in November 2007 knowing that the group was planning to enter a joint venture with Brazilian rival JBS."[54] This case was closed and there was no impact to the public offering.[55][56] In a statement, BTG Pactual said "Esteves believed the allegations had no merit and was determined to appeal the decision."[56][57]

In 2006, Esteves sold Pactual to UBS for 3.1 billion Swiss francs, and later repurchased the firm in 2009 for 2.5 billion Swiss francs after leaving UBS to establish BTG Pactual. Huw Jenkins, who was involved in the 2006 transaction at UBS, later became a senior partner and board member at BTG Pactual in 2010.[58]

Esteves has been involved in civil proceedings filed in Hong Kong by a former employee; the case received limited media coverage and was reportedly resolved privately.[59] Earlier media reports also noted commercial disputes involving corporate investments, such as Sete Participações, and other business dealings in Brazil.[60][61] These matters were primarily civil or commercial in nature, did not result in convictions, and were settled through legal or private means.[62][63]

Arrest and release

On 25 November 2015, Esteves was arrested as part of a scandal investigation into Petrobras and his bank's dealings with the oil company.[64] Three weeks later, on December 17, 2015, Esteves was released from prison. BTG's bonds and shares rose 7.7 percent to 15.62 reais at 3:55 p.m. in São Paulo, after gaining as much as 12 percent. The company's $1 billion of notes due 2020 rose 3.1 cents to 72.15 cents on the dollar. Esteves' attorneys argued that he was only arrested because he's one of the wealthiest people in Brazil, according to court documents filed this month with the supreme court.[65] On 27 April 2016, the bank confirmed in a statement that he would be a senior partner, advising on strategy and the development of activities and operations.[66]

Full vindication

Considered already one of the biggest judicial errors in Brazil, Esteves has been fully vindicated and acquitted of all charges.[67][68] On June 28, 2017, the Chief Justice of the Brazilian Supreme Court, Gilmar Mendes, referred André Esteves' case during the plenary session of the Supreme Court, "This is a fact of which we are witnesses. I must praise the loyalty that Minister Teori Zavascki also had with this case, when he verified this is a clear case of unequivocal judicial error, about which no one speaks because only success is spoken."[69] Minister Sepúlveda Pertence was arguing and used the following expression: "I am facing a scabrous case of judicial error".[70][71]

On September 1, 2017, the Federal Prosecution Service says it has not found evidence that Esteves committed the crime of obstruction of justice. "André was improperly involved in this process, the instruction proved this completely," said Antônio Carlos de Almeida Castro, Esteves' lawyer, on the request for acquittal.[72][73] On July 12, 2018, the Federal Court of Brasilia acquitted Esteves of the accusations of obstruction of justice for confirmation that there was insufficient evidence to corroborate the allegations.[74][75] Following the acquittal, Esteves' lawyers stated that "In this case, Esteves' initial arrest was completely unnecessary and abusive."[76]

References

  1. ^ a b c d e "Forbes profile:Andre Esteves". Forbes. Retrieved 10 March 2025.
  2. ^ a b c Downie, Andrew (28 September 2011). "An Investment Banker's Fortunes Rise With Brazil's". The New York Times. Retrieved 6 January 2015. The son of a lower middle-class family from the gritty north side of Rio de Janeiro, Mr. Esteves joined the Rio office in 1989 at 21 as a systems analyst.
  3. ^ Dickerson, Marla (27 April 2016). "Brazil's BTG Pactual Says André Esteves to Return as Senior Partner". The Wall Street Journal. Retrieved 17 January 2020.
  4. ^ "Board of Directors". Conservation International. Retrieved 17 January 2020.
  5. ^ Nitin Nohria; Sal Khan (1 June 2013). "Building a Better Brazil". Harvard Business School. Retrieved 10 January 2015. A gift from André Esteves (pictured here with wife Lilian) will improve an Executive Education residence hall—a space increasingly used by program participants from Brazil.
  6. ^ "UPDATE 2-BTG Pactual founder Esteves seeks to return as chairman". Reuters. 2022-02-16. Retrieved 2022-05-09.
  7. ^ "'Goldman of the Tropics' wants to help Brazil feed the world". Financial Times.{{cite news}}: CS1 maint: url-status (link)
  8. ^ "After 7 years, André Esteves officially returns to the command of BTG - News Bulletin 247". News Bulletin. Retrieved 2022-05-09.
  9. ^ "Billionaire Esteves Seeks to Retake BTG Role Lost in Scandal". Bloomberg.com. 2022-02-16. Retrieved 2022-05-09.
  10. ^ "Board of Directors". www.conservation.org. Retrieved 2020-01-23.
  11. ^ a b c d e Mitchell, Jason (October 2010). Brazil's Goldman. Institutional Investor. p. 68. BTG Pactual reflects Brazil's ascent in the world. Esteves, an only child, was brought up in Tijuca, a middle-class neighborhood of Rio de Janeiro. He studied computer science at Rio's Federal University. Upon leaving university in 1989, he joined Pactual, an investment banking boutique founded by banker Luiz Cezar Fernandes six years earlier. Although hired as a mere intern to fix back-office computers, Esteves' drive was evident from the start: He used to sleep in Pactual's office in the modest Lapa neighborhood of Rio de Janeiro so that he could get more work done. Within a year he was a member of the bank's foreign debt trading team, and within two he was managing IPOs and M&A deals. In 1992 his trading skills helped the bank to post a 59 percent return on capital. In recognition he was made a partner the following Winning, indeed. Pactual profited enormously from Brazil's economic takeoff this decade, and in 2006 it became a highly prized target of UBS, the Swiss bank then jockeying for a global investment banking leadership. That December, UBS bought Pactual for $2.6 billion plus a $500 million retention package for some 80 employees, including Pactual's 33 partners. The deal made Esteves, who owned a 30 percent stake in Pactual, a very wealthy man.
  12. ^ a b Crombie, James (March 2011). "The Humble Billionaire". LatinFinance (217). Asked about downtime, Esteves professes a love of his job, through he also enjoys cinema, wine and good food. "I personally have a lovely family and I take my children every day to school, so it's a simple life: work and family," says banker. "We have fun here," he add. Esteves has three children, aged 12, nine and five.
  13. ^ Downie, Andrew (28 September 2011). "An Investment Banker's Fortunes Rise with Brazil's". The New York Times. Retrieved 6 January 2015. Still, he has driven the same Mercedes pickup for four years and takes only two weeks of vacation a year.
  14. ^ Fucs, Jose (27 April 2012). "Da Tijuca para o mundo". revistaepoca.globo.com (in Portuguese). Epoca. Archived from the original on 20 February 2014. Retrieved 17 January 2015. Seu jato particular, um Dassault Falcon 7X avaliado em US$ 50 milhões, é uma ferramenta de trabalho.
  15. ^ "Argiano". https://www.superiore.de/. Retrieved 2026-03-20. {{cite web}}: External link in |website= (help)CS1 maint: url-status (link)
  16. ^ Release, Press (2023-11-14). "Argiano Brunello di Montalcino 2018 Named Wine Spectator's Wine of the Year". Wine Industry Advisor. Retrieved 2026-03-20.
  17. ^ "André Esteves Pushes Brazil's BTG Pactual Into Front Ranks of Investment Banking". Institutionalinvestor.com. Retrieved 2015-10-05.
  18. ^ "Interview with André Esteves". Creating Emerging Markets. Harvard Business School.
  19. ^ Mitchell, Jason (October 2010). Brazil's Goldman. Institutional Investor. p. 68. "I am no longer as poor as I used to be, but I am still hungry and desperate to get richer." Esteves doesn't sleep at the office these days, but he does log long hours. He usually arrives as early as 6:30 a.m. and does not leave before 8:00 p.m. He often calls partners together for meetings as late as 10:00 p.m.
  20. ^ Alex Cuadros; Cristiane Lucchesi (10 September 2012). "BTG's Esteves Drives 'Better Than Goldman' Rise in Bank's Clout". Bloomberg.com. Bloomberg L.P. Retrieved 17 January 2015. Every Sunday, he invites executives to his home to order pizza and debate deals.
  21. ^ "'Goldman of the Tropics' wants to help Brazil feed the world". www.ft.com. Archived from the original on 2025-08-02. Retrieved 2026-03-20.
  22. ^ "BTG Pactual acquires FIS Privatbank". www.ft.com. Retrieved 2026-03-20.{{cite web}}: CS1 maint: url-status (link)
  23. ^ Pactual, B. T. G. "BTG Pactual Completes Acquisition of M.Y. Safra Bank and Will Now Operate with a Banking License in the United States". www.prnewswire.com. Retrieved 2026-03-20.
  24. ^ "BTG Pactual proposes merger with. Banco Pan". Reuters.{{cite news}}: CS1 maint: url-status (link)
  25. ^ "'Goldman of the Tropics' wants to help Brazil feed the world". www.ft.com. Archived from the original on 2025-08-02. Retrieved 2026-03-20.
  26. ^ "Bancos anunciam R$ 100 milhões em doações para a campanha contra o coronavírus". Folha de S.Paulo (in Brazilian Portuguese). 2020-04-01. Retrieved 2023-04-27.
  27. ^ Crombie, James (April 2011). "The Humble Billionaire". LatinFinance (217). Asked about downtime, Esteves professes a love of his job, through he also enjoys cinema, wine and good food. "I personally have a lovely family and I take my children every day to school, so it's a simple life: work and family," says banker. "We have fun here," he add. Esteves has three children, aged 12, nine and five.
  28. ^ "Brazilian Biodiversity Fund" (PDF). Funbio Annual Report 2016: 16.
  29. ^ "Lilian e Andre Esteves recebem Pearl Jam para almoço em prol da Amazônia – Glamurama". Segredos dos Famosos (in Brazilian Portuguese). 2018-03-21. Retrieved 2019-03-26.
  30. ^ "Empresários compram terras para formar 'corredor' de preservação no Pantanal". Exame (in Brazilian Portuguese). 2022-09-19. Retrieved 2023-07-20.
  31. ^ "Mais de 100 anos e 7 mil hectares: conheça 'a fazenda de Zé Leôncio' onde 'Pantanal' foi gravada". G1 (in Brazilian Portuguese). 2022-10-07. Retrieved 2023-07-20.
  32. ^ "Sócios do BTG lançam instituto tech inspirado em Stanford e no MIT". Exame (in Brazilian Portuguese). 2021-04-07. Retrieved 2023-04-27.
  33. ^ Khan, Sal; Nitin Nohria (1 June 2013). "Building a Better Brazil". Harvard Business School. Retrieved 10 January 2015.
  34. ^ "Andre Esteves to Speak Tomorrow at Latin American Conference at Harvard Business School". Harvard Business School. 8 March 2013. Retrieved 10 January 2015. Esteves, a member of Harvard Business School's Latin America Advisory Board, has also made a significant personal donation to Harvard Business School to renovate Baker Hall, a residence hall built in 1969 and used by the School's Executive Education programs, which annually attract some 10,000 businesspeople from around the world, a significant proportion of them from Brazil.
  35. ^ Moreira, Cláudia (2023-05-05). "André Esteves é homenageado como Empresário do Ano e recebe a medalha bicentenário Visconde de Mauá". ACRJ (in Brazilian Portuguese). Retrieved 2023-07-20.
  36. ^ "Gala Dinner and Personality of the Year Awards 2014". Retrieved 2015-06-10.
  37. ^ "Entrepreneur of the Year 2011: André Esteves". Archived from the original on 2015-12-22. Retrieved 2015-12-17.
  38. ^ "André Esteves is the entrepreneur of the year in finance". Retrieved 2015-12-17.
  39. ^ "Guilherme Barros Blog » With Lula video, André Esteves will be honored today as Person of the Year by the Chamber of Commerce Brazil - United States". Archived from the original on 2015-10-07. Retrieved 2015-06-10.
  40. ^ "Brazil Leaders Award recognizes today the big names in the country - EXAME.com". Archived from the original on 2015-12-19. Retrieved 2015-06-10.
  41. ^ Juliboni (11 September 2012). "The 10 most influential bankers of the world by Bloomberg". Retrieved 2015-06-10.
  42. ^ "Value announces prominent executives in 23 sectors of the economy". Archived from the original on 2015-10-07. Retrieved 2015-06-10.
  43. ^ "With your feet on the real economy". Retrieved 2015-06-10.
  44. ^ "Brazilian billionaire is voted one of the 10 most influential bankers of the world". Retrieved 2015-06-10.
  45. ^ "Person of the Year 2015". Archived from the original on 2015-09-29. Retrieved 2015-06-10.
  46. ^ "André Esteves 's BTG Pactual Brazil Pushes Into Front Ranks of Investment Banking". Retrieved 2015-06-10.
  47. ^ "'Back to where he never left': founder of Brazil's BTG Pactual returns to fold". Financial Times. 2022-05-20. Retrieved 2023-04-27.
  48. ^ "BTG Pactual founder plots return as chairman". www.latinfinance.com. 17 February 2022. Retrieved 2022-05-09.
  49. ^ Pooler, Michael (2022-05-20). "'Back to where he never left': founder of Brazil's BTG Pactual returns to fold". Financial Times. Retrieved 2023-07-26.
  50. ^ "ENFOQUE-Próximo de voltar a ser controlador do BTG Pactual, Esteves comanda o banco sem cargo oficial". Terra (in Brazilian Portuguese). Retrieved 2023-07-26.
  51. ^ "One Of The World's Richest Bankers Wants Latin America Dominance". Bloomberg.com. 2022-07-27. Retrieved 2023-04-27.
  52. ^ Lyons, John; Gilles Castonguay (16 April 2012). "Italy Fines Bank CEO Ahead of Brazilian IPO". The Wall Street Journal. Retrieved 10 January 2015. André Esteves, the chief executive and controlling partner of Brazilian investment bank BTG Pactual, was hit with a €350,000 ($458,000) fine for alleged insider trading by Italy's markets regulator Monday, just weeks before the Brazilian bank's $2.3 billion public share offering. Italy's Consob markets regulator alleged Mr. Esteves used his personal account in 2007 to trade in securities of Italian meat processor Cremonini, which was in talks for a joint venture with the Brazilian meat company JBS SA. Authorities also froze €4.2 million of Mr. Esteves's assets and barred him from acting as an officer in an Italian company for six months.
  53. ^ Scott, Mark (16 April 2012). "BTG Pactual Chief Fined Over Insider Trading". The New York Times. Retrieved 10 January 2015. André Esteves, the chief executive of the Brazilian bank BTG Pactual, was fined 350,000 euros ($457,000) by the Italian financial regulator on Monday for insider trading.
  54. ^ Schäfer, Daniel; Samantha Pearson (16 April 2012). "BTG chief fined for insider trading". Financial Times. Retrieved 10 January 2015.
  55. ^ "UPDATE 4-Insider trading fine casts cloud over BTG Pactual IPO". Reuters. 2012-04-16. Retrieved 2019-03-26.
  56. ^ a b Silvia Aloisi; Steve Slater (16 April 2012). "Insider trading fine casts cloud over BTG Pactual IPO". Reuters. Retrieved 10 January 2015.
  57. ^ Russell, Jonathan (16 April 2012). "BTG Pactual chief Andre Esteves fined €350,000 for 'insider dealing'". The Daily Telegraph. Retrieved 10 January 2015. Since the statement was put out Mr Esteves has been fined. He plans to appeal the action.
  58. ^ "Pactual sale and repurchase". Sonntagszeitung. 2011.
  59. ^ Wong, Douglas (15 May 2014). "BTG Billionaire Esteves Sued in Hong Kong by Ex-Employee - Bloomberg". Bloomberg.com. Bloomberg L.P. Retrieved 10 January 2015. Andre Esteves, the billionaire founder of Brazil's BTG Pactual, was sued by a former employee in Hong Kong who claims he was promised a partnership and stock for securing investors before the bank's initial share sale. Zeljko Ivic alleged that Banco BTG Pactual SA, Chairman and Chief Executive Officer Esteves and Huw Jenkins, a managing partner, made fraudulent misrepresentations to get him to sign agreements with the investment bank, according to a lawsuit filed with the Hong Kong High Court. BTG Pactual raised as much as 3.66 billion reais ($1.66 billion) in its 2012 initial public offering. The sale followed a 2010 agreement to sell a stake to a group including China Investment Corp., GIC Pte. and the Rothschild and Agnelli families. Esteves, 45, is worth $4.2 billion according to the Bloomberg Billionaires Index, mostly due to his 22 percent stake in BTG Pactual. Jenkins and Hong Kong-based BTG Pactual Asia Ltd., which has also been sued, will vigorously defend the claims, "which they believe to be baseless and without merit," according to their lawyer Randall Arthur. BTG Pactual doesn't comment on matters under litigation, the Sao Paulo-based bank said in an e-mail response to queries. Shares of the company fell 0.7% to 32.22 reais at 10:41 a.m. in Sao Paulo. Ivic is seeking more than $20 million as damages for the value of the shares and partnership promised, as well as unpaid bonuses, his lawyer Robert Tibbo said.
  60. ^ Schmidt, Blake; Sabrina Valle (19 June 2015). "Arrest of 'Big Fish' Odebrecht Ups the Stakes in Petrobras Probe - Bloomberg Business". Bloomberg L.P. Retrieved 21 July 2015. Police detained Odebrecht, 46 years old, and Otavio Azevedo of Andrade Gutierrez SA, Friday as part of a coordinated federal operation involving 220 police officers in four states. The strike is the culmination of months of digging by investigators who were convinced that a scheme involving Petrobras insiders and contractors to rake-off vast sums from inflated construction and service contracts had to have the blessings of corporate higher-ups.
  61. ^ Schmidt, Blake; Sabrina Valle (24 June 2015). "Odebrecht CEO Wrote Note to Destroy E-Mail, Police Say". Bloomberg.com. Bloomberg L.P. Retrieved 21 July 2015. The head of Brazilian conglomerate Odebrecht SA wrote a note to lawyers with the phrase "destroy rigs e-mail" while he was in jail, police said Wednesday, drawing more attention to the most senior executive detained in a wide-ranging graft investigation. Marcelo Odebrecht, 46, wrote the message that was handed to lawyers and photocopied at the jail as part of a routine search, according to a police statement. The note also mentions "Andre Esteves," which is the name of the billionaire banker who is CEO of Grupo BTG Pactual SA
  62. ^ Kiernan, Paul (20 June 2015). "Moody's Warns About Ratings of Two Brazilian Companies, After Arrest of CEOs". The Wall Street Journal. Retrieved 21 July 2015.
  63. ^ Cristiane Lucchesi (3 August 2012). "BTG Pactual Said to Invest $1 Billion in Sete Oil-Rig Operator". Bloomberg.com. Retrieved 4 April 2019.
  64. ^ "Senior Brazilian senator and billionaire CEO both arrested for corruption". The Guardian. Reuters. 26 November 2015. Retrieved 25 November 2015.
  65. ^ Galvao, Arnaldo; Marcelino, Francisco; Dezem, Vanessa (17 December 2015). "Billionaire Esteves Wins Release From Jail, Under House Arrest". Bloomberg.com. Retrieved 2020-01-17.
  66. ^ Lucchesi, Cristiane; Brice, Jessica; Dezem, Vanessa (27 April 2016). "Bank That's a Shadow of Former Empire". Bloomberg.com. Retrieved 2016-04-28.
  67. ^ "Brazil court acquits former BTG Pactual CEO Esteves". Reuters. 2018-07-12. Archived from the original on March 26, 2019. Retrieved 2019-03-26.
  68. ^ Leahy, Joe (12 July 2018). "Brazilian judge acquits BTG Pactual founder Esteves". Financial Times. Retrieved 2019-03-26.
  69. ^ "'Quantos estarão na situação desse banqueiro?', questiona Gilmar". Fausto Macedo (in Brazilian Portuguese). Retrieved 2019-03-26.
  70. ^ "STF corrige erro e arquiva inquérito contra André Esteves". Migalhas (in Brazilian Portuguese). 2018-12-05. Retrieved 2019-03-26.
  71. ^ "Gilmar Mendes sugere "ombudsman jurídico" para evitar "imbecilidades"". Metrópoles (in Brazilian Portuguese). 19 February 2018. Retrieved 2019-03-26.
  72. ^ "Procurador pede absolvição de Lula e André Esteves no caso Cerveró". epocanegocios.globo.com (in Brazilian Portuguese). Retrieved 2019-03-26.
  73. ^ "Procurador pede absolvição de Lula no caso Cerveró". Fausto Macedo (in Brazilian Portuguese). Retrieved 2019-03-26.
  74. ^ "André Esteves e Lula são absolvidos no caso Cerveró | Radar". VEJA.com (in Brazilian Portuguese). Retrieved 2019-03-26.
  75. ^ "Justiça absolve Lula e André Esteves de obstrução em caso Cerveró". Valor Econômico (in Brazilian Portuguese). 2018-07-12. Retrieved 2019-03-26.
  76. ^ "Defesa de Esteves, absolvido em processo, diz que prisão inicial foi abusiva". Folha de S.Paulo (in Brazilian Portuguese). 2018-07-13. Retrieved 2019-03-26.

Fact Sheet

  • Andre Esteves's real name is Andre Esteves
  • Andre Esteves's nationality is Brazilian
  • Andre Esteves works as a(n) Banker
  • Andre Esteves celebrates their birthday on 7-12
  • What is Andre Esteves's age? Andre Esteves is 57 years old
  • Is Andre Esteves single or married? Andre Esteves is Andre Esteves!
  • Where did Andre Esteves go to school? Andre Esteves is a graduate of Federal University of Rio de Janeiro
  • Andre Esteves has 3 kids
  • Andre Esteves's kids are Pedro Esteves, Fernanda Esteves, Henrique Esteves

FAQ

Andre Esteves 2026 net worth is $2900 million USD
Andre Esteves has a networth of $2900 million USD
Andre Esteves has an estimated wealth of $2900 million USD
Andre Esteves has approximately $2900 million USD



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