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André Santos Esteves, a prominent Brazilian billionaire and chairman of Latin America's biggest investment bank, BTG Pactual, balances his professional prowess with personal philanthropy. Esteves, who hailed from a middle-class background in Rio and is now worth US$6.6 billion, graduated with a computer science degree and quickly rose through the finance ranks. Esteves supports various educational, environmental, and healthcare causes, contributing significantly to combating COVID-19 in Brazil. Despite past legal challenges, including alleged insider trading and links to the Petrobras scandal, Esteves was acquitted of all charges, solidifying his status as an influential financial leader and benefactor.
July 12, 1968
57 years
Banking
Finance & Investments
Brazil
Sao paulo
Bachelor of Arts/Science, Universidade Federal do Rio de Janeiro
André Santos Esteves was born into a middle-class family in Rio de Janeiro, Brazil. He obtained a bachelor's degree in computer science from the Federal University of Rio de Janeiro.
Andre Esteves: Family
Esteves has three children. He is known for his love of his job and enjoys cinema, wine, and good food.
Andre Esteves: Career Highlights
After graduating, Esteves joined Pactual and became a partner in 1992. In 2008, he left Pactual with key partners to create BTG, a global investment company. In 2009, he purchased Pactual back from UBS for US$2.5 billion. Esteves is known for his early work hours and regular study meetings with BTG Pactual directors.
Andre Esteves: Companies
Esteves is the senior partner and chairman of BTG Pactual, the largest investment bank in Latin America. He is also a board member of Conservation International, Inteli, and the Council on Foreign Relations.
Andre Esteves: Major Achievements
Esteves is recognized for his significant contributions to the financial industry. He is known for his leadership in mergers and acquisitions, equity and debt underwriting, asset management, wealth management, sales, trading, loans, financing, and fund management.
Andre Esteves: Awards & Achievements
Esteves has received numerous awards and recognitions throughout his career, including Entrepreneur of the Year, Person of the Year, and Prominent Executive in banks and financial institutions. He has been recognized by various organizations, including the Trade Association of Rio de Janeiro (ACRJ), the Brazilian Chamber of Commerce of UK, "Isto É Dinheiro" magazine, the US-Brazil Chamber of Commerce, Leaders of Brazil, "Bloomberg", Valor Econômico newspaper, Carta Capital magazine, Epoca magazine, Latin Finance, and Institutional Investor.
Andre Esteves: Personal Life & Legacy
Esteves is known for his philanthropic efforts, supporting education and environmental charities. He is a member of the Global Board of Advisors of the Council on Foreign Relations and has supported initiatives in education, healthcare, and the arts in Brazil.
During the COVID-19 pandemic, he donated 50 million Brazilian reais for combat projects in Brazil.
Andre Esteves: Trivia
Esteves is actively involved in pro-environment activities. He is a board member at Conservation International and has supported the Amazonia Live program to plant one million trees. He is also part of the 5P Alliance to conserve the Pantanal biome and owns Fazenda Rio Negro, a Private Natural Heritage Reserve.
Born into a middle-class family in Rio de Janeiro.
Obtained a bachelor's degree in computer science from the Federal University of Rio de Janeiro.
Joined Pactual after graduating, became a partner in 1992.
Left Pactual with key partners to create BTG, a global investment company.
Purchased Pactual back from UBS for US$2.5 billion.
Named Personality of the Year by Latin Finance.
Named Entrepreneur of the Year by "Isto É Dinheiro" magazine.
Recognized as a Prominent Executive in banks and financial institutions by Valor Econômico newspaper.
Named one of the most admired leaders of the Year by Carta Capital magazine.
Appointed leader in Financial by Leaders of Brazil.
Named one of the 50 most influential people in the world by "Bloomberg".
Fined €350,000 and faced asset freeze due to insider trading in Italy.
Named Person of the Year by the US-Brazil Chamber of Commerce.
Named Person of the Year by the Brazilian Chamber of Commerce of UK.
Named Entrepreneur of the Year by "Isto É Dinheiro" magazine.
Arrested as part of the Petrobras scandal investigation.
Released from prison after three weeks, restrictions imposed.
Acquitted of all charges due to insufficient evidence.
Founded the Institute of Technology and Leadership (Inteli) with Roberto Sallouti.
Named Entrepreneur of the Year by the Trade Association of Rio de Janeiro (ACRJ).
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