TRAILBLAZER
unorthodox approach to investing has often landed him in hot water with financial regulatory bodies .
In 2015 , BTG Pactual moved to distance itself from a deepening crisis facing and embattled André by replacing him with two co-chief executives , following his arrest amid allegations of corruption concerning state-owned oil company Petrobras .
BTG Pactual starting focusing more on other industries , one of them being fintech . In 2021 , it purchased a 100 % stake in Kinvo , the Brazil-based investment app . It also launched a crypto platform called Mynt .
André spent 23 days in prison and shortly after his release , left Brazil and BTG Pactual behind him . Despite this , he still maintains an estimated $ 7.89bn USD stake in the bank . In June 2021 , the Rio de Janeiro press said there were rumours of André making a comeback to BTG Pactual , as revealed by four sources to the Reuters news agency .
© By Luiz Prado
Personal life A married father-of-three , André is reportedly a workaholic who , when he was CEO of BTG Pactual , took just two weeks holiday a year and drove the same Mercedes pick-up truck to the office for several consecutive years .
Despite these shows of frugality , he ’ s not against enjoying his wealth and reportedly owns a $ 50mn Dassault Falcon private jet that enables him to continenthop whenever the job requires it . He also reportedly enjoys good food and wine , along with trips to the cinema .
20 February 2022